Corporate  

A simple corporate tax cut will not bring the Indian economy out of this demand slump. So, what strategy should the government employ to increase consumption?
 

Presenting the Budget for the financial year 2020-21 in the Parliament on 1st Feb 2020, the Union Finance and Corporate Affairs Minister, Nirmala Sitharaman said that a total outlay of Rs.99,300 crore has been announced for the education sector in 2020-21 and Rs.3000 crore for Skill Development. Here are key highlights of budget 2020 for Eduction.  

The Union Budget 2020 is centred around three themes - aspirational India, economic development and caring society. From tax axe to infra boost, here are the key high highlights of the Budget presented by finance minister Nirmala Sitharaman.
 

Amitabh Kant, the CEO of NITI Aayog said that India has a massive opportunity in sectors like electronics, pharmaceutical sector and sports goods while hailing that the country has put out 'probably the best' corporate tax regime in the world

The Organisation for Economic Co-operation and Development (OECD) on 21st November slightly cut India’s economic growth forecast for 2019 to 5.8% but said it would pick up to 6.2% in 2020 and further to 6.4% in 2021. Paris-based OECD said private investment would bounce back as capacity utilisation rises and the cost of borrowing for the corporate sector declines. According to OECD India has been a growth champion in recent years and has succeeded in taming inflation, the current account deficit, and non-performing loans. ​​​​​​​

Days After Finance Minister Nirmala Sitharaman announced a major cut in corporation tax in order to attract investment in the manufacturing sector which will provide a boost to make in India. According to reports now the BJP government is planning to rationalize personal income tax rates to boost the economy. Watch the video for full story.

The effects of the Indian government’s announcement of revised corporate tax cuts continued on Monday as the Sensex gained over 1,400 points by the afternoon     

Direct Tax and GST collection is also likely to miss targets as well, adding to the pain
 

National Investigation Agency (NIA) revealed that eight persons among the 23 Keralites, who reached Afghanistan to join Islamic State terror outfit have been killed in air strikes, according to reports. Pakistan Prime Minister Imran Khan is likely to meet US President Donald Trump in New York on September 23 on the sidelines of the UN General Assembly, according to a media report. Catch the top stories of the country on MyNation in 100 seconds.
 

Union finance minister Nirmala Sitharaman announced a major tax slashes for domestic companies. For existing companies, it is 22% as against 30% and those who intend to start, will enjoy a tax benefit of 15% as against 25%.
 

Amit Shah was speaking after finance minister Nirmala Sitharaman announced big-ticket reforms in the economy by slashing corporate tax

 

Former AICC president Rahul Gandhi has hit out at the PM Modi and his government for the Howdy Modi event and also for the tax cuts that have been announced. 

Industry experts have hailed the move by finance minister Nirmala Sitharaman to slash tax rates to 22 % 
 

Just after finance minister Nirmala Sitharaman announced a slew of measures to revive the economy, the Sensex zoomed over 1300 points. The government has slashed corporate tax to 25.17 per cent inclusive of all cess and surcharges for domestic companies.
 

The Union finance ministry has decided to slash corporate taxes to 22%