January 17, 2021 1:15 am
As part of pre-Budget consultations with the Finance Minister, the UK-India Business Council also recommended raising the FDI limit in defence and insurance sectors.
December 19, 2020 1:25 pm
Speaking at industry association Assocham's Foundation Week event, Modi also said agriculture reforms brought by his government six months back have started benefiting farmers.
December 09, 2019 3:17 pm
"Private investment is the driver of economic growth. Steps that we are taking, be it corporate tax rate cut, be it code on wages and industrial relations, is to try and create a more favourable environment for investment," Subramanian said at the FICCI Young Leaders Summit
October 07, 2019 6:58 am
Ravi Shankar Prasad said that his department is prioritising components manufacturing as well to ensure the entire value chain is present in India.
October 01, 2019 8:27 am
The cut in corporate tax rate has been the biggest change; inclusive of cesses and surcharges, the rate has come down from roughly 35% to 25%, and without the cesses and surcharges, to 22% from around 30%.
September 25, 2019 8:36 pm
PM Modi, while addressing US companies in New York said that his government's recent move on corporate tax cut was to invite investments. He also said that the country is investing heavily in developing infrastructure.
September 22, 2019 8:00 pm
"At this point of time we are not revising any target. The decision will be taken later," Finance Minister Nirmala Sitharaman told reporters at her residence in New Delhi on Sunday, adding that there was no plan to cut spending currently.
September 21, 2019 4:33 am
The CPM described the deep cut as “brazen attempt to woo portfolio investors from the US and the rest of the world” on the eve of Prime Minister Narendra Modi's visit to the US.
December 19, 2015 2:06 am
The finance ministry will soon detail some major decisions to deal with stressed assets of the banking sector, he said.
March 02, 2015 1:37 am
At present, on the back of exemptions & deductions, actual tax rate is 23.22%.