Now would be a good time for the govt to revisit the sovereign bonds sale as the corporate tax cut sent the benchmark bond yield surging the most since February 2017.
Senior Congress leader Jairam Ramesh questioned the timing of the announcement, and said the corporate tax cuts was being dictated by the #HowdyModi event.
The effective tax rate will now be 25.17% & 17.01% for existing companies and new manufacturing firms, respectively, provided they don’t claim any exemption under I-T Act.
The govt's decision to not levy the enhanced surcharge on capital gains and to slash corporate tax pushed markets in the green, with the broader Nifty also rising 362.95 points.
MiG-21 was a demanding mentor that helped build factories from dust, transformed farm boys into fighter pilots, and dragged an entire nation into the brutal reality of modern warfare.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
There it goes again but dumb is dumb. Well,keep on deleting US, Indian tax refunds are not all the same . Majority of them are NOT discretionary income in India.. Some how the FM, with no economics background, sees supply over demand in a country with 75% capacity utilization.
There it goes again but dumb is dumb. Well,keep on deleting US, Indian tax refunds are not all the same . Majority of them are NOT discretionary income in India.. Some how the FM, with no economics background, sees supply over demand in a country with 75% capacity utilization.