Feb 29, 2016 at 21:32 | Source: PTI
The ICSI (Institute of Company Secretaries of India) chief also said providing enabling environment and reduction of tax rates for startups, reduction of tax litigation and development of infrastructure, among others, are commendable.
Feb 29, 2016 at 20:25 | Source: Moneycontrol.com
Reduction in litigation and providing certainty in taxes has also been a key focus point in this years Budget
Feb 29, 2016 at 13:40 | Source: PTI
Presenting the third Budget, Finance Minister Arun Jaitley also proposed a 'Krishi Kalyan' cess of 0.5 percent on all taxable services to improve agriculture and reduction of duties on project imports for cold room for cold chain, refrigerated containers and a number of other items.
Feb 29, 2016 at 12:46 | Source: CNBC-TV18
The automobile industry was expecting simplification of tax structures and a reduction in excise duties, among other initiatives to propel growth in electric vehicles
Feb 24, 2016 at 16:37 | Source: CNBC-TV18
B Santhanam, MD, Saint Gobain told CNBC-TV18's Jude Sannith that he is not a fan of state level exemptions and favours the reduction of the overall corporate tax.
Feb 23, 2016 at 14:02 | Source: Reuters
While lower purchases by the world's second-biggest consumer could dent the current rally in global bullion prices, it would mean relief for the Indian government which has been struggling to curb gold imports that cost the country USD 36 billion in 2015.
Feb 19, 2016 at 08:14 | Source: PTI
"To begin with, one percent cut in the corporate tax rate, gradual phasing out of accelerated tax depreciation and a sunset clause for the tax deductions, coupled with reduction in MAT, will set the tone for this year's Budget," KPMG (India) Partner Tax Vikas Vasal said.
Feb 10, 2016 at 07:36 | Source: PTI
The proposal also foresees steadily increasing budget deficits, after several years of reduction, unless Congress passes a package of reforms that will increase taxes on the country's wealthiest.
Jan 06, 2016 at 22:17 | Source: PTI
Industry bodies such as CII and Ficci suggested that the withdrawal of incentives should be in tandem with the reduction in corporate tax rate besides removal or reduction of minimum alternate tax (MAT).
Jan 06, 2016 at 21:27 | Source: PTI
India Inc today pressed for a clear roadmap for reduction in corporate tax rate from 30 per cent to 25 per cent in the forthcoming Budget. The industry chambers including CII and Ficci also suggested that the withdrawal of incentives should be in tandem with the reduction in corporate tax rate besides removal of minimum alternate tax (MAT).