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Effective tax rate

The rate at which a taxpayer would be taxed if his tax liability were taxed at a constant rate rather than progressively. This rate is computed by determining what percentage the taxpayer's tax liability is of his total taxable income.

News On Effective tax rate
Government debt quota sale to foreign investors watched

20-05-2013| Source:Reuters

India cut tax rates for foreign investors on interest income from investments in government and corporate debt to five percent from 20 percent, hoping to attract more funding to bridge its current

OBC revises interest rate on term deposits

15-05-2013| Source:Moneycontrol.com

Oriental Bank of Commerce (OBC) has revised interest rate on term deposits across various maturities with effect from May 16, 2013.

United Breweries clarifies on news item

14-05-2013| Source:Moneycontrol.com

tax compliant and has been paying Service Tax on sponsorship of Sports activity, as applicable from the effective date of its applicability.

McDonalds India to hike prices amid rising inflation

08-05-2013| Source:Reuters

growth for at least the next 7 months.The company said on Tuesday it would raise prices by 5-6 percent. That follows a 5 percent hike after the government increased the service tax rate in February

Indian Bank revises FCNR (B) deposit interest rates

02-05-2013| Source:PTI

Indian Bank has revised its interest rates on foreign currency non-resident (banking) term deposits with immediate effect.