Page 2 - Corporate Tax Cut
Will consider corporation tax rate benefit extension: FM Sitharaman
Says GST rate reduction to go to Council; Council is likely to meet on Friday through video conferencing.
 "Will consider corporation tax rate benefit extension: FM Sitharaman")
Tax cut widens gap between high fliers and laggards in corporate earnings
A back of the envelope calculation suggests that these top 10 companies cumulatively saved nearly Rs 10,000 crore in taxes in the last two quarters.
 "Tax cut widens gap between high fliers and laggards in corporate earnings")
Corporation tax cut to benefit 1% firms, SMEs paying lower tax: Eco Survey
With economic slowdown resulting in slippages in direct and indirect tax collections, the Survey said the next financial year is expected to pose challenges on the fiscal front
 "Corporation tax cut to benefit 1% firms, SMEs paying lower tax: Eco Survey")
After two years of relief, govt to feel corporation tax pinch in FY20
The cut in the rates for companies not availing exemptions, and new manufacturing units, will hit the exchequer by Rs 1.45 trillion by the government's own admission
 "After two years of relief, govt to feel corporation tax pinch in FY20")
Corporate earnings may worsen in Q3, but profits could get tax-cut boost
Banks, OMCs are expected to bring most of the incremental growth
 "Corporate earnings may worsen in Q3, but profits could get tax-cut boost")
FM's tax cuts: Reduction in MAT to benefit IT companies in Gift City
They were to pay 18.5 per cent MAT so far, but will now have to pay 15 per cent MAT
 "FM's tax cuts: Reduction in MAT to benefit IT companies in Gift City")
Year in Review: 12 policy decisions that affected Indian economy in 2019
In a challenging year, the central government announced a slew of measures to help revive a sagging economy - from corporation tax cut to bank recapitalisation. Here are the most important ones
 "Year in Review: 12 policy decisions that affected Indian economy in 2019")
A Budget for expenditure
After the rollout of GST, budgets are not awaited with the same excitement as earlier by India Inc. But Budget 2020 will be different
 "A Budget for expenditure")
Key policy steps taken by NDA govt this year to revive a sagging economy
Macroeconomic parameters have shown that the Indian economy is going through a rough patch. Here are the key policy decisions taken by the govt in 2019, to bring the India growth story back on track
 "Key policy steps taken by NDA govt this year to revive a sagging economy")
Impact of corporation tax cut will be visible after two years: CII chief
He said the industry pushed the government a lot for reducing the rates
 "Impact of corporation tax cut will be visible after two years: CII chief")
Budget 2020: Govt may go for income tax relief to spur demand, says report
Finance Minister Nirmala Sitharaman is expected to present the budget for 2020/21 fiscal year on February 1. She has promised a budget that will do more to boost growth.
 "Budget 2020: Govt may go for income tax relief to spur demand, says report")
Highlights of FM Nirmala Sitharaman's corporation tax rate cuts today
The measures announced by the finance minister will hit the exchequer by Rs 1.45 trillion a year
 "Highlights of FM Nirmala Sitharaman's corporation tax rate cuts today")
Corporation tax cut: Rajya Sabha members not sure about investment flows
Congress member Jairam Ramesh alleged that corporate tax reduction was a curtain-raiser to Prime Minister Narendra Modi's Howdy Modi event in Houston
 "Corporation tax cut: Rajya Sabha members not sure about investment flows")
HDFC Bank sees signs of rural revival as wider economy remains sluggish
For HDFC Bank, the weaker economy had led to a slowdown in loan growth, which eased to 15 per cent in the September quarter from 23 per cent a year earlier
 "HDFC Bank sees signs of rural revival as wider economy remains sluggish")
Govt open to further reforms to attract more investment: Sitharaman
The government has taken various steps, including reduction of corporate tax, she said at India-Sweden Business Summit
 "Govt open to further reforms to attract more investment: Sitharaman")
Corporate tax cut to boost investments; green shoots visible: Sitharaman
The finance minister said "people are approaching" the government for fresh investment which will help in generating more jobs as well as make India a manufacturing hub in the future
 "Corporate tax cut to boost investments; green shoots visible: Sitharaman")
Cut in corporate tax rate important for investments: CEA Subramanian
The government has undertaken a number of measures to arrest the growth slowdown. In September, it announced a cut in the corporate tax rate to 22 per cent from 30 per cent.
 "Cut in corporate tax rate important for investments: CEA Subramanian")
Congress slams govt for corporation tax cut, privatisation overdrive
Congress leader Anand Sharma also said that the non-performing assets' level of Indian banks had gone up to Rs 11 trillion, from Rs 3 trillion
 "Congress slams govt for corporation tax cut, privatisation overdrive")
Best of BS Opinion: Protecting social media users, checking regulators
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Protecting social media users, checking regulators")
Top biz headlines today: SC Maharashtra order, Zee chairman quits & more
From DGCA directing IndiGo to replace unmodified P&W engines to Karvy denying fund abuse charges, here are the top headlines of the day.
 "Top biz headlines today: SC Maharashtra order, Zee chairman quits & more")
