Page 124 - Latest Updates on Nirmala Sitharaman
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")
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
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")
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")
Yogi pitches UP as top beneficiary of tax cuts, US-China trade war
Adityanath claimed UP was already an attractive destination for private investments and the recent measures would provide further traction to the state
 "Yogi pitches UP as top beneficiary of tax cuts, US-China trade war")
Letter to BS: Govt may opt for aggressive disinvestment programme
With the lowered corporate tax rates, the country's attractiveness as an investment destination has enhanced
 "Letter to BS: Govt may opt for aggressive disinvestment programme")
Industry should not expect any more big-bang GST rate cuts: Assam FM
We are working on simplifying the return filing process, but as for rates, (there will be no decision) before we see the report by the Finance Commission, he said
 "Industry should not expect any more big-bang GST rate cuts: Assam FM")
Corporation tax cut a big positive, but demand recovery may take time
Employment support led by new investments made by domestic manufacturers is expected, as all corporate entities are eligible for lower taxes
 "Corporation tax cut a big positive, but demand recovery may take time")
US corporate sector hails India's move to cut income tax rate for companies
This is a welcome step to reverse the economic slowdown
 "US corporate sector hails India's move to cut income tax rate for companies")
Flip side of corporate tax bonanza: Fiscal deficit may rise to 3.7% of GDP
Centre may have to go for spending cuts and off-Budget borrowing
 "Flip side of corporate tax bonanza: Fiscal deficit may rise to 3.7% of GDP")
GST Council cuts rates on hotels, hikes on caffeinated beverages
Small taxpayer given relief from filing annual tax returns
 "GST Council cuts rates on hotels, hikes on caffeinated beverages")
Diwali comes early for companies as FM offers tax cuts to lift up economy
The measures are to boost investment and manufacturing under the Make in India initiative
 "Diwali comes early for companies as FM offers tax cuts to lift up economy")
Corporate tax cut: Booster shot for the economy, says Dinesh Kanabar
Though I welcome the reduction of tax rates for corporates, I wonder why the benefits have been restricted to corporates and not to other business entities
India Inc hails tax cuts, says move will boost investments, spur demand
MNCs may relocate new factories to India as tax cut to 15% for new factories
 "India Inc hails tax cuts, says move will boost investments, spur demand")
FM's tax cut: Buyback relief for firms as retrospective rule goes
About 18 cos had announced buybacks worth nearly Rs 15,000 crore between April 1 and July 5
FM Nirmala Sitharaman announced loan 'mela' despite banks' reluctance
PSB executives were not too sure if they would be able to not classify all the stressed loans of micro, small, and medium enterprises (MSMEs) as non-performing assets (NPAs) till March 2020
 "FM Nirmala Sitharaman announced loan 'mela' despite banks' reluctance")
Corporate tax cut likely to help demand, make consumer goods cheaper
FMCG sector experts said consumer goods will be one of the biggest beneficiaries of the tax cut
 "Corporate tax cut likely to help demand, make consumer goods cheaper")
