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Page 7 - Latest Updates on Corporation Tax

Now, the kitchen sink: Finance minister has kissed fiscal restraint goodbye

Lack of demand ails the economy. But that's not addressed, nor are declining exports; the bad old habit of 'loan melas' is back; and tax has been cut in a way that hurts states, writes T N Ninan

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Updated On : 23 Sep 2019 | 1:35 PM IST

PM Modi hails corporation tax rate cut as historic move for economic boost

The government on Friday slashed corporate tax rates for companies by almost 10%

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Updated On : 23 Sep 2019 | 1:34 PM IST

FM Nirmala Sitharaman announces corporation tax rate cuts: 7 Highlights

The finance minister announced a slew of measures to boost the slowing Indian economy

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Updated On : 23 Sep 2019 | 1:33 PM IST

How're corporation tax cuts going to be financed? Is this helicopter money?

Slashing the government's take from corporate profits to 25.2 per cent from 34.9 per cent has given a boost to stock-market sentiment

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Updated On : 23 Sep 2019 | 1:33 PM IST

Japan's ruling bloc approves tax cut to 20% for firms that raise wages 3%

The proposal, which would be effective for three years from fiscal 2018, needs parliamentary approval to be enacted.

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Updated On : 23 Sep 2019 | 1:32 PM IST

Top 1,000 listed firms may see tax savings of Rs 37k cr on tax cut: Crisil

The drop in tax rate would now bring India at par with most Asian economies, the report added

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Updated On : 23 Sep 2019 | 1:12 AM IST

Experts see fiscal risk in tax cut, say will have minor impact on growth

According to Nomura, the fiscal deficit during the current fiscal may swell to 3.6 per cent of the GDP due to revenue shortfall arising from the reduction in corporate tax

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Updated On : 21 Sep 2019 | 9:39 PM IST

FM's tax cuts: Prospects of higher govt borrowings spook bond market

10-year yield rises to 6.82% at 12:35 p.m. from yesterday's close of 6.64%; rupee gains 34 paise to trade at 70.98 a dollar

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Updated On : 20 Sep 2019 | 1:44 PM IST

Direct tax collection sees dismal growth; mid-August mop-up growth under 5%

The collections had shot up that year because people regularised their unaccounted income by paying higher levies

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Updated On : 22 Aug 2019 | 2:13 AM IST

Pruning schemes

With government expenditure under squeeze, many central schemes will come under scrutiny and a few of them may be wound up

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Updated On : 18 Aug 2019 | 10:37 PM IST
Updated On : 09 Aug 2019 | 10:38 PM IST

Arbind Modi panel proposed 15% corporation tax rate; is that even viable?

The panel projected a boost in compliance and taxing multinationals on a par with domestic companies

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Updated On : 07 Aug 2019 | 2:49 PM IST

Arbind Modi panel in 2018 suggested corporation tax cut; govt didn't accept

Had proposed abolition of dividend distribution tax, securities transaction tax

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Updated On : 26 Jul 2019 | 2:23 AM IST

Uphill climb for big firms wanting corporation tax reduced to 25%

As a percentage of corporation tax collection, revenue foregone for FY19 has been projected to be the same as the previous year at 16.3 per cent

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Updated On : 25 Jul 2019 | 12:22 AM IST

Corporation tax cut: Govt weighs hit to exchequer

There were corporate tax cuts only for small businesses announced in the 2016-17 and 2017-18 Budgets

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Updated On : 05 Jan 2018 | 5:16 PM IST

FinMin looks at cut in corporation tax

Revenue dept to start pre-Budget consultations from next week

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Updated On : 26 Oct 2016 | 1:42 AM IST

Corporation tax mop-up below par

Advance corporation tax collections grew 8 per cent in H1FY17 against 6 per cent last year

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Updated On : 30 Sep 2016 | 1:55 AM IST
Updated On : 05 Jul 2016 | 12:55 AM IST

Tepid growth in Q1 corporation tax collections

Corporation tax collections grew by a mere 2 per cent between April 1 and June 18 year-on-year, indicating a sluggish economic recovery

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Updated On : 29 Jun 2016 | 1:41 AM IST

Tepid growth in Q1 corporation tax collections

Collections grew by 10.5% during April-August, 2015-16 year-on-year

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Updated On : 28 Jun 2016 | 10:44 PM IST