Corporate tax reliefs are one of the biggest reform ever: CII

The Confederation of Indian Industry (CII) said on Friday that drastic reduction in corporate taxes is a huge game-changer for the economy and a decisive announcement for awakening animal spirits of investors.

Government announces a Cut in Corporate Tax

In the wake of a possible economic recession, the Indian Government is taking desperate measures to evade the possibility. The latest announcement being a cut in Corporate Taxes for Domestic and New Manufacturing Companies. Government announces a cut in Corporate…

Corporate Tax rate slashed for domestic companies and new manufacturing firms: Sitharaman

A new provision has been inserted in the Income Tax Act with effect from fiscal year 2019-20, which allows any domestic company an option to pay income tax at the rate of 22%(subject to condition). Moreover, local companies incorporated after…

P Chidambaram and Randeep S Surjewala Press Briefing on interim Budget 2019

OPENING STATEMENT OF SHRI P. CHIDAMBARAM February 01, 2019 My one line comment on the Budget is that it was not a Vote on Account but an Account for Votes. The Interim Finance Minister tested our patience by the longest…

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