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Prime Minister Narendra Modi (Photo: PTI)

Modi's big tax cut unlikely to spur job bonanza in India

India's unemployment rate reached 8.19 pc in Aug, up from 6.27 pc in the same month last year.

26 Sep 2019 3:54 AM GMT

The company welcomed recent rationalisation of corporate tax rates.

Impact of new GST rates for caffeinated drinks to be minimal: Varun...

The GST Council raised tax on caffeinated beverages from 12 per cent to 28 per cent and imposed a 12 per cent cess.

23 Sep 2019 9:29 AM GMT

Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

Govt says no plans to revise fiscal deficit target or cut spending now

Govt cut corporate tax rates in a surprise move designed to woo manufacturers, revive private investment and lift growth...

23 Sep 2019 5:28 AM GMT

Manufacturing sector contracted by 0.4 per cent in November as against a growth of 10.4 per cent a year ago. (Representational image)

Banking, FMCG to benefit from corp tax cut; pharma, IT to remain...

The immediate benefit is increased cash flows to corporate India.

22 Sep 2019 8:53 AM GMT

If you are under the age of 60, heres a check list to help you plan your money decisions to create wealth, insure adequately, and save tax in 2018-19.

Reduction in corporate tax rates, expert says move to arrest slowdown

Govt slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent.

21 Sep 2019 8:31 AM GMT

International rating agency Moodys Investors Service on Tuesday warned that weak growth prospects for India will complicate the governments fiscal consolidation efforts, weighing on the sovereigns credit quality.

Corporate tax cut positive but growth faces headwinds: Moody's

On Friday, the Centre announced a reduction in the base corporation tax rate to 22 per cent from 30 per cent.

21 Sep 2019 7:46 AM GMT

Revenue growth for the beleaguered auto components sector would halve in next two fiscals due to a steep decline in domestic vehicles sales.

Auto industry has to find its own balance to enhance demand: SIAM

At present, 60 per cent of auto components are taxed at 18 per cent.

21 Sep 2019 6:47 AM GMT

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

US corporate sector hails India's move to slash income tax rate for...

Government slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent.

21 Sep 2019 4:19 AM GMT

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

Corporate tax cut to give 'necessary fillip' to economy: Piyush Goyal

Corporate tax rate cut for companies by almost 10 percentage points to 25.17 per cent.

20 Sep 2019 8:44 AM GMT

If you are under the age of 60, heres a check list to help you plan your money decisions to create wealth, insure adequately, and save tax in 2018-19.

Industry, market cheer slashing of corporate tax rate

Corporate tax rate cut from 30 pc to 25.2 pc to spur growth- this is a great move which will firmly revive growth and...

20 Sep 2019 7:51 AM GMT

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Govt slashes corporate tax to 25.17 per cent for domestic cos

The changes in the Income Tax Act and Finance Act will be made effective through an ordinance.

20 Sep 2019 5:45 AM GMT

Other automakers are likely to follow suit, which would lead to loss of at least contractual jobs.

GST panel unlikely to favour tax rate cut for auto sector: sources

Total annual revenue loss could be as much as 500 bn rupees if the panel decided to lower tax rates for auto sector to...

18 Sep 2019 3:28 AM GMT