CORPORATE TAX CUT
Commodity companies seek tax rebate to cut costs
A tax of 0.001% is levied on exchange-traded commodity derivatives apart from other taxes
Budget 2020: FinMin seeks suggestions for rationalising income tax, other duties
While the ministry holds pre-budget consultations with repre...
Mid, smallcap-focused PMSes played catch up with largecap peers in Oct amid tax cut-fuelled rally
Just one out of every 10 PMSes could delive...
Fed chief Powell pushes back on negative interest rates
Powell's opening statement, in fact, emphasized that even after a year in which many market analysts saw a rising risk of a US recession, the Fed's outlook is for continued growth.
Retail inflation hits 16-month high: Experts say RBI rate cut still very much likely
Annual retail inflation rose to 4.62% in October, up from 3.99% in the prior month.
Midcaps will outperform largecaps over 2-3 years: Kashyap Pujara, Axis Capital
It is going to be a U-shaped recovery for the midcaps, said Kashyap Pujara.
IMF wants Indian government to be more credible, transparent on fiscal numbers
India should be more transparent on fiscal numbers as it is a laggard among G20 peers on this front, said IMF.
Moody's cuts global sovereign rating outlook to "negative" for 2020
Unpredictable politics and trade wars would weaken open and commodity-exporting economies.
Moody's cuts global outlook to 'negative' for 2020
Unpredictable politics and trade wars such as that between the United States and China would weaken open and commodity-exporting economies.
Fitch raises India's FY20 fiscal deficit forecast to 3.6% of GDP
Fitch said it was revising the fiscal deficit forecast as revenue collection is likely to fall far short of the projections in the FY2019/20 Union Budget due to weak GST and corporate tax collections. Weak revenue collections resulting from sluggish economic growth and government's sweeping corporate tax rate cut were the other reasons, it said.
Secretary panel likely to seek licence fee cut, two year freeze on spectrum dues
A panel would look at the issue of AGR dues after telcos approached the Supreme Court for relief.
MNC Digital companies may face a minimum level of tax
Multinational technology and digital companies may have to cough up a minimum level of corporate tax. The OECD seeks to use financial accounts as a starting point for determining the tax base and provide guidance to MNCs.
Dismal factory output opens the door for more RBI rate cuts, say experts
India's industrial output contracted by 4.3% in September 2019 from a year earlier.
Tax optimiser: NPS, LTA claim can help salaried Gupta cut tax by Rs 4 lakh
Not only should you ask your employer for the NPS benefit, but you should also invest in the scheme on your own. You can reduce your tax outgo significantly. Hence in this way, you can optimise your tax by rejigging your income and investments.
Stock indices fall nearly 1% after sovereign outlook cut
The Sensex fell 330 points after scaling a new all-time high of 40,749.33.
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