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corporate tax

Corp tax cut credit positive,but raises fiscal risks: Moody’s

Amol Warankar Sep 21, 2019

Mumbai, Sep 21 (IANS) Corporate tax reduction is credit positive for companies but increases the government's fiscal risks, global rating agency Moody's said on Saturday. On September 20, Finance minister Nirmala Sitharaman announced a…

Political

Modi hails FM, says corporate tax cut to attract investment

Amol Warankar Sep 20, 2019

New Delhi, Sep 20 (IANS) Praising Finance Minister Nirmala Sitharaman's announcement of rationalisation of corporate tax for domestic companies, Prime Minister Narendra Modi said on Friday that the step would help attract private…

Business

Sensex surges over 1,500 pts after corporate tax cut announcement

Amol Warankar Sep 20, 2019

Mumbai, Sep 20 (IANS) BSE Sensex surged over 1,500 points on Friday after the government slashed corporate tax for domestic companies and new domestic manufacturing companies among other measures.The Nifty50 on the National Stock…