Economy and Finance

To promote growth, just cut tax rates: Here is the likely impact of tax rates for corporates being slashed by the Modi govt

1- 22 per cent of Corporate Tax Rate because it is the optimal tax rate implies that revenue maximization is the key driver of taxation policy going forward.

Modi’s big bang tax cuts : Why a second term for Modi was absolutely critical

With the tax cuts announced yesterday by Modi government, India’s corporate tax rate on manufacturers is now among the lowest in the world, comparable or even lower than business paradise destinations like Hong Kong or Singapore.

Congress stages protest outside the residence of FM Nirmala Sitharaman while she attends GST council meeting in Goa

So confounded are the Congress leaders by this decision that they decided to stage a protest outside residence of Nirmala Sitharaman while she is away for an important meeting of GST council in Goa.

Biggest ever gain in Sensex and Nifty in a decade after Modi govt’s announcements slashing tax rates for corporates

The Sensex and Nifty saw a historic biggest gain in a single day in a decade following the announcement made by FM Nirmala Sitharaman

Tax rates slashed for corporates, Sensex soars by 1300 points after big announcements by Finance Minister Nirmala Sitharaman

FM Sitharaman made these announcements while addressing the media ahead of GST council meet in Goa.

Odisha: BJD’s ‘election weapon’ KALIA scheme wasted 170 crores on lakhs of ineligible beneficiaries

Odisha's BJD government identified 3.41 lakh ineligible beneficiaries in the KALIA scheme that has ensured their 2019 election victory.

Verdict in 2G and coal allocation reasons: Senior advocate Harish Salve holds SC responsible for current slowdown

Eminent lawyer Harish Salve believes SC’s decision of blanket cancellation of licenses in 2G spectrum case and Coal allocation had triggered the economic slowdown

Cigarette stocks rally about 5.5 per cent after cabinet’s decision to ban e-cigarettes

The Cabinet on Wednesday approved an ordinance making the production, import, distribution and sale of electronic cigarettes a cognizable offence.

China’s industrial production growth at lowest in 17.5 years amidst trade war woes

China is set to reduce some key interest rates soon to prevent a sharper slump in activities. The interest cuts, if they happen, will be for the first time in over 3 years.

Mega shopping festivals to taxation incentives, FM Nirmala Sitharaman announces comprehensive measures to boost export and housing sector

Announcing measures to boost growth in export and housing sector, Nirmala Sitharaman has expressed optimism saying that the signs of economic revival are very encouraging

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