Current corporate tax rate is around 30% and for the new manufacturers it was 25%. FM says that this corporate tax rate is lowest in South East Asian countries.
The goods and services tax (GST) council is meeting on Friday in Goa to deliberate a number of issues, including reduction in tax rates on a number of items.
The name of the unified department will be ‘department of regulation’, sources within the RBI told ET.
The Securities and Exchange Board of India and the Enforcement Directorate are among other entities probing the rating companies in the IL&FS case.
The RBI Governor said that there is little fiscal space for the government to unveil any countercyclical measures.
Niranjan Gupta, the finance boss of the two-wheeler major, feels that oil prices breaching $70 per barrel mark will have an impact on costs, trade deficit, and the rupee.
EarlySalary has built a deep understanding of the segments that they cater to and set the focus on delving deeper into the existing segments and provide customers with differentiated products ranging from instant cash to long tenor products.
India can only be said to have “lost” if you ignore the considerable gains to consumers from cheaper imports.
All the new loans under the retail segment and micro and small enterprises categories will be offered with Repo Linked Lending Rate (RLLR) only.
Other than creating a culture of transparency, organisations must encourage and help employees transform ideas into reality, say experts
Birla said there were various sectors in India which had the potential to grow into billion dollar business over a period of time.
"There is no slowdown in the domestic automobile sector. They are saying this to get a package from the government," Confederation of All India Traders (CAIT) secretary general Praveen Khandelwal said.
The cheques were issued by CG without approval from its board or risk and audit committee.
Investors may still welcome any tax cuts ahead of the festive season, said analysts.
WeWork has become an extreme example of the excesses afforded to technology entrepreneurs in the era of unicorns, startups valued at $1 billion or more.
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