New effective corporate tax rate shall be 25.17 percent: FM Sitharaman

While addressing a press conference Union Finance Minister Nirmala Sitharaman proposed to slash the corporate tax rate for domestic companies. To promote growth, a new provision has been inserted in the income tax act with effect from fiscal year 2019-20.

Cabinet greenlights ban on e-cigarettes

Briefing reporters after a meeting of union cabinet, Finance Minister Nirmala Sitharaman said the decision has been taken to protect the health of citizens.

FM Sitharaman announces Booster 3.0 with focus on Real Estate and MSMEs

Finance Minister Nirmala Sitharaman on September 14, announced third set of measures to boost the economy. In a bid to arrest the current slowdown, Finance Minister Nirmala Sitharaman on Saturday announced the government’s third set of measures to revive the…

14 lakh crore of investor wealth wiped out in first 100 days of Modi 2.0

Modi 2.0 may have scored high marks on many fronts in the first 100 days of his second term, but Dalal Street has been left whining,

FM Sitharaman: Inflation under control; hasn’t increased since 2014

At a time when the government is at the centre of Opposition’s attack after the GDP which slumped to six-year low, Finance Minister Nirmala

Finance Minister to bring in booster package for Real Estate Sector

The real estate industry, which has been in the dejection for almost four years now, has been demanding regulatory and tax changes to shore up the demand and liquidity. Now, the government is discussing reforms to boost stressed real estate market.

Economic Measures: Stumble, Acknowledge, Rollback – Signs that Indian Government is listening?

Early signs of global economic slowdown and slump in the Indian economy has now compelled the government of India to come up in the forefront and bring measures to tackle it.

BJP stalwart Arun Jaitley passes away at 66

Former finance minister and senior BJP leader Arun Jaitley passed away here at All India Institute of Medical Sciences (AIIMS). He was 66.

Govt firm on its stand to tax super rich: Nirmala Sitharaman

Indicating no roll back of the income tax surcharge on the super rich imposed in the budget, Finance Minister Nirmala Sitharaman on Thursday ruled out any adverse impact of it on investor confidence and said the fears of flight of capital are unfounded.

Govt’s disinvestment programme key to avoid revenue slippages: ICRA

The speed with which government’s disinvestment programme kicks off as well as interest shown by potential buyers in public sector units being offered for strategic sale will be crucial to prevent a slippage in non-loan capital receipts, according to investment information and rating agency ICRA.

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