Page 3 of Corporate tax

Budget 2016: ‘Remove notional tax on second house’

Currently, individuals are taxed at slab rates depending upon the level of income but the tax rates are very complex…

Updated: February 18, 2016 17:26 IST

Budget 2016 expectations: Govt may cut corporate tax by 1%, say experts

Arun Jaitley in his last Budget had announced phased reduction in corporate taxes over four years to 25 per cent…

February 18, 2016 16:37 IST

Editorial: Bye bye, retro tax?

Modi sounds more definitive, will lose face if not done

January 26, 2016 00:26 IST

Commerce ministry renews plea for MAT waiver for SEZs

The commerce ministry has renewed its demand that developers of special economic zones (SEZs), as well as the units in…

December 23, 2015 01:07 IST

Corporate tax rate reduction: To retain or remove exemptions

As we move towards GST, it appears the logical corollary is to do away with various privileges

Updated: December 3, 2015 07:47 IST

Finance Ministry extends deadline for comments on corporate tax reduction

In a bid to give stakeholders sufficient time to study the plan, the Finance Ministry has extended the deadline to…

November 26, 2015 21:25 IST

Govt unveils road map for phasing out corporate tax exemptions

India has unveiled details of its plan to phase out some tax exemptions for companies as the government looks to…

November 21, 2015 17:59 IST

Most corporate tax breaks to go from April 1, 2017

Finmin signal of no change in sunset date ends ambiguity

Updated: November 21, 2015 01:12 IST

CBDT proposes roadmap for elimination of corporate tax exemption

Government may not extend sunset clauses with regard to tax exemption and phase out investment- linked and area based deductions…

Updated: November 20, 2015 21:24 IST

Corporate tax could be cut to 25% earlier than expected: Revenue Secy Hasmukh Adhia

Govt preparing blueprint for dealing with existing tax litigations, says Revenue Secretary Hasmukh Adhia.

November 2, 2015 12:21 IST

Corporate tax rate may fall 1% in FY17 while bigger sops remain

Finance minister Arun Jaitley may start with just token measures to phase out corporate tax exemptions in the Budget for…

October 19, 2015 00:50 IST

Income Tax returns filing on job change: Resolving issues arising from multiple Form-16

Govt allays MNCs’ tax worries

CBDT directive calls for transfer price audits only when the revenue risk is high

October 18, 2015 00:40 IST

Arun Jaitley pledges a friendly tax regime, 25% corporate tax

Finance Minister Arun Jaitley today reiterated the government’s commitment to bring in a “reasonable and globally-competitive tax regime” through reduction…

October 17, 2015 21:58 IST

Vodafone moves SC for stay on Rs 92-crore tax demand

Vodafone India on Monday moved the Supreme Court seeking stay on a demand of Rs 92 crore, including penalties, slapped…

Updated: September 22, 2015 10:11 IST

Fe Exclusive: No extension for power, oil & gas tax holidays

R&D sop to go, depreciation benefit to reduce in new road map

Updated: August 24, 2015 11:53 IST

Blueprint for phasing out corporate tax breaks in 45 days: Revenue secy

The finance ministry will unveil a blueprint within 45 days for phasing out corporate tax exemptions over the next four…

Updated: July 2, 2015 00:52 IST

Quid pro quo: Firms to get lower corporate tax rate, fewer sops

Incentives such as accelerated depreciation and deductions for research and development (R&D) expenses will be among the first tax sops…

June 23, 2015 01:37 IST

Q1 corporate advance tax mop-up may be flat

According to the Income-Tax Act, companies are required to pay 15 per cent of their total advance tax in the…

Updated: June 16, 2015 08:47 IST

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Tata Motors first PV brand to announce price cut after GST reforms

4 min ago

The recent GST reforms have brought relief for manufacturers, especially in the automobile industry. Tata Motors is the first to pass on the full benefit of the GST reduction to customers, with price cuts on all models. The revised GST structure has made cars more affordable, with small cars becoming 5-13% cheaper and luxury brands facing a flat 40% tax.

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