Nirmala Sitharaman

Niti Aayog meet: Spoke on Mahadayi, mining, says Goa CM

Corporate tax giveaway to have little impact on fiscal goals: Niti Aayog

8:15 pm September 21, 2019

Mumbai : The Rs 1.45- trillion tax giveaway is unlikely to widen fiscal deficit much as the shortfall will be met through increased tax collections due to higher growth which the massive tax cuts are expected to achieve, Niti Aayog Vice Chairman Rajiv Kumar said here on Saturday. On Friday, the government had announced tax cuts for […]

Rajasthan: Around Rs 4.5 crore cash seized from car

Rupee rallies 40 paise on corporate tax cut

7:31 pm September 20, 2019

Mumbai: The Indian rupee on Friday rose by 40 paise to settle at 70.94 to the US dollar after forex market sentiment was buoyed by the government decision to slash corporate taxes. The news of lowering corporate tax rejoiced the equity market as well, but the bond market did not take the announcement very well. […]

Reduction in corp tax rate welcome but doubtful whether investment will revive: Ramesh

Reduction in corp tax rate welcome, doubtful whether investment will revive: Ramesh

12:36 pm September 20, 2019

New Delhi: Congress leader Jairam Ramesh on Friday welcomed the reduction in corporate tax rate but expressed doubts on whether the step will revive investment. The government’s move, he said, does nothing to dispel the fear that pervades India Inc. “A headline-itis afflicted, panic-stricken Modi Sarkar has cut corporate tax rates less than 3 months […]

Need robust global cooperation to fight cross-border tax evasion, avoidance: FM

Govt slashes corporate tax rates to boost economy, investments

12:16 pm September 20, 2019

The government on Friday slashed the income tax rate for companies (corporate tax) by almost 10 percentage points to 25.17 per cent and offered a lower rate to 17.01 per cent for new manufacturing firms to boost economic growth rate from a six-year low by incentivising investments to help create jobs. Finance Minister Nirmala Sitharaman […]

CMS holds Global Interfaith Convention to promote communal harmony

Merged entity of UBI, PNB, OBC to become operational from April 1 next year

7:04 pm September 14, 2019

Kolkata: The amalgamated entity of United Bank of India (UBI), Punjab National Bank (PNB) and Oriental Bank of Commerce (OBC) will come into effect from April 1 next year, a top official said on Saturday. The merged unit, likely to have a new name, will be the second largest bank in the country after State […]