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Latest Articles in corporate tax
Corporate Tax Collection Up 34% In April-July
The tax department tweeted on corporate tax collection growth in April-July in an apparent attempt to counter criticism of the 2019 reduction in tax rates for companies which was alleged to have dented the Centre's revenue collections, impacting its spending on social welfare schemes
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Nineteen Top IRS Officers Posted In IT Department Reshuffle
The income tax department under the CBDT is responsible for collection of revenue under the direct taxes category that includes personal income tax and corporate tax.
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I-T, Corporate Tax Mop Up Exceeds Revised Estimates At Rs 9.45 Lakh Cr In FY21
The collection for just concluded 2020-21 fiscal was 5 per cent higher than the RE, but was 10 per cent lower than the mop up in 2019-20.
Read MoreI-T refunds over Rs 1.91 lakh crore issued between April 1 to Feb 8
I-T refunds over Rs 1.91 lakh crore issued between April 1 to Feb 8
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Cut In Corporate Tax Is A Liability For Individuals
Government is likely to revisit the exemption list, increase the rate of taxes and also explore the possibility of whether cess can be levied on some services to make up their revenue deficit.
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India Put Out Best Corporate Tax Regime, Its Story Has Just Begun: NITI Aayog CEO
The perception of American investors toward China changed... They will always be looking for alternative investment destinations.
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India's Real GDP Growth In FY20 To Come Below 5%: Report
For the first half of 2019-20 fiscal, GDP growth slowed to a pace of 4.8 per cent compared to the 7.5 per cent a year back.
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How Will Deduction In Corporate Tax Help Customers In Monthly Income
The finance minister’s recent announcement on the significant cuts in Corporate Tax and the introduction of new tax rates for any new manufacturing units at 15 per cent is considered to be the lowest in a long time.
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Nirmala’s 15 Per Cent Masterstroke
Foreign firms like Apple and Microsoft can now set up new manufacturing units registered in India to save on tax and take advantage of India’s low labour costs as well as a relatively high level of software skills.
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Benefit Of Corporate Tax Rate Cut For India Inc To Boost Incremental Investments: ICRA
Few sectors to benefit more and may pass on benefits to end-users while others may have a limited benefit
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Corp Tax Cut Makes India Attractive Destination For Investment: Das
Base corporate tax for existing companies has been reduced to 22 per cent from the current 30 per cent.
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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 from a 6-year low.
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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.
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Rating Firm S&P Global Says India's Corporate Tax Cuts 'Credit Negative'
The Indian government slashed corporate taxes on Friday, giving a surprise $20.5 billion break aimed at reviving private investment and lifting growth from a six-year low that has caused job losses and fuelled discontent in the countryside.
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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 investment.
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