Tax Cut

The need for private sector to step up on investments gains significance at a time when the central government's spending on infrastructure seem to have peaked.

Tax cuts won’t be inflationary, fiscal consolidation path intact, says finance secretary

Rejecting the notion that the Budget is skewed towards either consumption or capital expenditure, Tuhin Kanta Pandey tells Moneycontrol that the government has ensured a balanced approach

Tax cut to shield India from global headwinds, boost private investment, says CEA

V Anantha Nageswaran said that data shows that private sector has been investing, but maybe not at the pace one would like to see

Government extends tax sops for infra investment sovereign funds by 5 years

In the Budget for FY25-26, government extended the timeline for Section 23(FE) till March 31,2030

Live: Why Budget 2025-26 shouldn’t all be about tax cuts: Sajid Chinoy

Budget 2025-26 will be presented amidst several complexities- falling consumption, stagnant private investment and potential trade wars. Sajid Chinoy, head of Asia Economic Research at JP Morgan says this is an opportunity arising out of a crisis. India needs structural reforms to fuel labour-intensive growth.

MC-Deloitte CEO Survey: India Inc shares how the govt could boost growth, consumption, investments

Less is more: a majority of the Chief Executives polled told the government to reduce taxes and spend more, besides really making it easy to do business.

MC-Deloitte CEO Survey: 86.7% believe tax relief, simpler GST will spur consumption

An overwhelming 86.7 percent of the CEOs surveyed have sought for a simple GST and a reduction in income taxes to spur consumption.

Govt may hike exemption limit under new tax regime to Rs 5 lakh; relief unlikely for the rest

The government may not tinker with rates under the old tax regime despite requests to increase the threshold for the highest tax slab to Rs 20 lakh. This is to ensure that more people are incentivised to move towards the new regime that discourages exemptions and rebates.

New UK Finance Minister Jeremy Hunt scraps tax plan, reins in energy support

Tasked with halting a bond market rout that has raged since the government announced huge unfunded tax cuts on September 23, Jeremy Hunt said the country now needed to increase taxes and cut spending to rebuild stability and confidence.

Will nostalgia kill the British right?

Liz Truss' big gambit upon succeeding Boris Johnson, a mini-budget crowded with tax cuts, looks like a policy debacle, recklessly inflationary and fiscally destabilizing.

S&P cuts UK rating outlook after tax cut plan

Finance Minister Kwasi Kwarteng announced around £45 billion ($50 billion) of permanent, unfunded tax cuts as well as costly temporary subsidies to household and business energy bills

Govt likely to cut windfall gain tax in third fortnightly review

The Centre in July eliminated a levy on gasoline exports and cut windfall taxes on other fuels less than three weeks after they were imposed.

Sensex, Nifty surge over 1% after government eases taxes on fuel

The elimination of taxes came less than three weeks after they were imposed, offering relief for Reliance Industries Ltd and OIl and Natural Gas Corp.

Govt may half dividend tax on higher-income individuals: Report

This will effectively cut dividend tax on those in the higher income bracket from 43 percent to 20 percent, sources say

Budget 2020 podcast | ‘Govt in tight spot, may not increase tax slabs on Feb 1’

In this special podcast ahead of Budget 2020, Sakshi Batra talks to Preeti Khurana, Chief Editor at Cleartax, to find out all about the expectations in the tax front.

Budget 2020 Chart Point | Defining the corporate tax cut impact

The corporate tax cuts’ effect on estimated collections will reflect in budget numbers for FY20 and FY21

FM Nirmala Sitharaman to review personal income tax rates, says open to further reforms

Sitharaman assured that a "pro-active" government was addressing the challenges faced by the economy

Irrational exuberance?

Has the tax cut rally run its course?

Government unlikely to opt for a cut in personal income tax rates

"A cut in personal income tax is unlikely in this year due to lack of fiscal space," a senior official told Moneycontrol.

Corporate tax cut changes the market mood from fear to greed

How companies plan to spend the tax bonanza will set the market mood for the medium-term

Tax reduction means better capital efficiency for engineering sector

Returns profile of new projects set to go up by a few more notches as the incentive to allocate capital increases

GST Council may cut tax on hybrid vehicles as auto sales sink: Report

The rate reduction from 43 percent to 28 percent would be done by removing the cess on such vehicles

No GST relief likely for auto sector: Report

The government has acknowledged that lending to the sector has stalled and assured of steps to encourage banks to push loans

Tax cut, Obamacare repeal on agenda for Trump's first 100 days

Tax cut, Obamacare repeal on agenda for Trump's first 100 days