Page 6 - Corporate Tax Cut
Corporation tax cut: Bond yields may harden, rupee likely to remain stable
The liquidity framework is expected to make rate management conditioned on the prevailing liquidity in the system
 "Corporation tax cut: Bond yields may harden, rupee likely to remain stable")
Letter to BS: Economic slowdown prompts govt to cut corporate tax
The rate cut is aimed at luring foreign companies that are winding up their facilities in China as a result of US-China trade war
 "Letter to BS: Economic slowdown prompts govt to cut corporate tax")
Won't be surprised to see Nifty at 12,000: Aditya Birla Sun Life AMC CEO
The improvement in the debt markets will give further confidence to market participants
 "Won't be surprised to see Nifty at 12,000: Aditya Birla Sun Life AMC CEO")
Tax cut, push for auto sector: What Sitharaman has done to rescue economy
Meeting traders, experts, entrepreneurs to gauge the pulse of the nation, Sitharaman has become a reformer, pulling all stops to get the economy out of a six-year-low growth rate
 "Tax cut, push for auto sector: What Sitharaman has done to rescue economy")
No plans to revise fiscal deficit target or cut spending now: Sitharaman
The government cut corporate tax rates on Friday in a surprise move designed to woo manufacturers, revive private investment and lift growth from a six-year low.
 "No plans to revise fiscal deficit target or cut spending now: Sitharaman")
Mutual funds deploy dry powder as corporate tax cut boosts sentiment
Five of the top 10 mutual funds by equity value are holding cash in the range of 8-11 per cent, a reasonably high number
 "Mutual funds deploy dry powder as corporate tax cut boosts sentiment")
FM's boosters seen as positive but insufficient to perk up manufacturing
Market experts hail decisions, saying these would certainly act as a force multiplier for India's flagging economic engine, as well its position as one of the most attractive business destinations
 "FM's boosters seen as positive but insufficient to perk up manufacturing")
A step for the high growth strategy
Watch for the reward-to-risk ratio faced by private persons
 "A step for the high growth strategy")
Consumer stocks extend rally on tax cut; HUL, Asian Paints hit new high
In the past two trading days, these stocks have rallied in the range of 10 to 18 per cent, as compared to a 9 per cent gain in the benchmark S&P BSE Sensex.
 "Consumer stocks extend rally on tax cut; HUL, Asian Paints hit new high")
Corporation tax rate cut to simplify tax administration, reduce litigation
The corporation tax rate has been reduced from the existing 30-25 per cent to 22 per cent all the domestic companies
 "Corporation tax rate cut to simplify tax administration, reduce litigation")
Consumption needs to revive
The cut in corporation tax rate could potentially boost margins of companies
 "Consumption needs to revive")
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
Corporate tax cut credit positive move, to improve income of cos: Moody's
Government's move to cut corporate tax rate will boost net income of Indian firms
 "Corporate tax cut credit positive move, to improve income of cos: Moody's")
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%
 "PM Modi hails corporation tax rate cut as historic move for economic boost")
It's a bold move: RBI Guv Shaktikanta Das welcomes corporation tax cuts
The measures will augur extremely well and will be highly positive for our economy, Shaktikanta Das said at an event in Delhi
 "It's a bold move: RBI Guv Shaktikanta Das welcomes corporation tax cuts")
FM Nirmala Sitharaman announces corporation tax rate cuts: 7 Highlights
The finance minister announced a slew of measures to boost the slowing Indian economy
 "FM Nirmala Sitharaman announces corporation tax rate cuts: 7 Highlights")
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
 "How're corporation tax cuts going to be financed? Is this helicopter money?")
Here's what India can learn about tax cuts from the American experience
Finance Minister Nirmala Sitharaman is betting that local firms will pass on the corporate tax cuts to customers in the form of lower prices to stimulate demand
 "Here's what India can learn about tax cuts from the American experience")
After the tax cut
All eyes now on how the govt manages its finances
 "After the tax cut")
FM Sitharaman rules out any immediate plan for expenditure reduction
No change in fiscal deficit target for now, says FM Nirmala Sitharaman
 "FM Sitharaman rules out any immediate plan for expenditure reduction")
