Page 4 - Corporate Tax Cut

Indian stocks to make a comeback as banking crisis passes, says AMP

"Shadow banking incidents are unlikely to derail the positive backdrop for India equities following the tax cuts," said Nader Naeimi, who oversees more than $1 billion in assets at AMP Capital

Slowdown blues: Q2 Nifty50 earnings may decline despite corporate tax cut

Combined net profit of Nifty50 companies expected to fall 3.4%

Stock mkt more polarised after tax cut; 91% of gains cornered by 13 firms

RIL, HDFC Bank account for 32.4% of total BSE 500 m-cap gains since the cut in tax; 91% of gains cornered by 13 firms

Corporation tax cut: JSW Steel eyes special purpose vehicles for expansion

JSW Steel has a long-term goal of achieving a capacity of 40-45 mt through a mix of brownfield and greenfield projects

Corporate tax cut will not benefit banks: PNB MD & CEO S S Mallikarjuna Rao

In an interview with Somesh Jha, Rao spoke about the road map of the amalgamation and how the corporate tax cut and repo rate-linked products will impact the finances of banks

Doesn't make sense to let go MAT credits: Vedanta's Pallavi Joshi Bakhru

Pallavi Joshi Bakhru, group head taxation, Vedanta Limited, the metals-cum-mining conglomerate, explains why some large corporate groups may not avail of the lower tax rates anytime soon

Shekhar Gupta: Money has lost its morale

The economic crisis can be fixed only with genuine, brave reform. If this Modi govt can't do it, it will confirm fears that it has lost its mojo

ITC may not hike cigarette prices after tax rate cut, ban on vaping

A Morgan Stanley report says it doesn't expect ITC to hike cigarette prices as the firm is likely to be one of the biggest beneficiaries of the tax cut

Tech view: Time to be bullish on consumption stks ahead of festive season?

With festival season round-the-corner, companies are hoping for a pick-up in the overall consumption, which along with the cut in corporation tax, would aid earnings growth over the next few quarters

Extend the tax-cut logic to infrastructure

A judicious lowering of input costs can increase productivity

Tax rate cut to bring comforting times for investors of Page Industries

A likely volume recovery in the second half of FY20 and relatively reasonable valuation should support further upside in the stock

Corporate tax reduction signals intent for reform, says CEA Subramanian

He also said GST tax collection varies with the nominal rate of GDP in the economy and there has been some slowdown in it

Why tax incentive may not be enough to turn India into a mobile export hub

In India, Samsung is likely to remain focused on the domestic market but it is also expanding exports.

Power sector to save Rs 2,500 cr annually due to corporate tax cut: ICRA

Also, state-owned power generating companies and power transmission companies, would be benefited from the lower tax incidence

Steel industry seeks booster for demand revival amid economic slowdown

Against this backdrop, says the industry, the corporate tax cut announced by the central government is not going to change much for now

Street signs: Corporate tax cut, domestic hedge funds seek relief, and more

Even after the surprise reduction in corporate tax, select large-caps have been outperforming the broader markets this year

Corporate tax cut to boost Coal India's earnings, but overhangs remain

While lower tax rate and attractive valuations are positives, concerns on volumes, lower e-auction realisations and divestment could weigh on the stock

Tax cut will give much more in long run than revenue lost: Revenue Secy

In an interview with Indivjal Dhasmana, Revenue Secretary A B Pandey tells that the crucial parameter is whether the deficit number reflects disciplined fiscal behaviour of the central government

Tech view: Missed the blockbuster market rally? Here's what you should do

At the fundamental level, analysts say the government's move to slash corporation tax rate from 35 per cent to 25.2 per cent (including surcharge) augurs well for India Inc

Lower corporation tax rates add colour to paint sector's prospects

Earnings upgrades apart it could lead to higher volumes of premium decorative paints