Corporate tax cut provides relief to our slowing economic engine, but Modi government must prepare a roadmap of how it can bridge the associated revenue loss.
The move to maintain the borrowing plan will be seen as a positive for bonds, after a cut in corporate tax rates stoked concerns in shortfall in revenue.
After Finance Minister Nirmala Sitharaman announced cuts in corporate tax from 30 per cent to 22 per cent last week, the stock market (Nifty and Sensex) has seen a 3 per cent jump.
News channels were also in two minds about removing stray dogs to the government dog pounds. NDTV took credit for it and CNN-News 18 called ‘controversial order’.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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