Tax Incentives

Indian Pharmaceutical Congress: Bharat Biotech founder bats for incentives, tax breaks for patented products, innovation

"Research linked incentive for Indian companies is very important. I would request the ministry to give tax breaks to any product that is created from patent filed in India. It will inspire entrepreneurs to go for innovation," he said.

Budget 2023 | PLI scheme, tax incentives, allocation for defence on space industry's wishlist

In the 2023-24 Union Budget, we would like to request a space-based production linked incentive (PLI) scheme for space tech startups to help boost local manufacturing and encourage capability building within the country,

Budget 2020: Govt may provide tax incentives for startups

The Department for Promotion of Industry and Internal Trade (DPIIT) has suggested several measures to the finance ministry for start-ups in the budget.

Apple may have to wait for GST rollout, says Nirmala Sitharaman

Commerce and Industry Minister Nirmala Sitharaman today said Amercian phone-maker Apple's demand for tax incentives to set up a manufacturing unit in the country will have be looked at after the Goods and Services Tax (GST) is rolled out.

Indian Oil falls 2% on tax sops withdrawals at Paradip refinery

The stock has seen weak movements in the past 15 days, having fallen over 3 percent. In the past three days, it has seen a fall of over 2 percent.

Budget 2017: Insurance industry seeks tax sops on premium payments

Insurance penetration, which refers to insurance premiums as a percentage of gross domestic product (GDP), stands at 3.4 percent in India according to the Swiss Re sigma report

Budget 2017: 5 taxation changes that could boost real estate

The real estate sector is expecting Budget 2017 to give greater relief to first time home buyers, more incentives on home loan and introduction of tax relief on home insurance

India reluctant to give special tax incentives to Apple

India is resisting Apple Inc.'s demand for tax incentives to make iPhones in the country, with the trade minister saying on Thursday that New Delhi may not make exceptions for the U.S. tech giant.

Impact of GST on SMEs - Mr. R. Narayan, Founder and CEO, Power2SME

The GST tax reform can clearly be termed as a landmark and India's biggest tax reform since independence with the aim to streamline India’s ...

Govt forgoes Rs 17.15 lakh cr revenue

The amount foregone (direct tax) is estimated at Rs 93,047 crore in 2013-14; Rs 1,18,593 crore in 2014-15; and Rs 1,28,639 crore in 2015-16, Minister of State for Finance Santosh Kumar Gangwar said in a written reply to Rajya Sabha.

New civil aviation policy: Rs 2,500 for 1-hr flights; 5/20

Airlines will soon charge only Rs 2,500 for one hour flights and will get tax incentives for operating on unserved routes even as fliers will have to pay additional levy towards regional connectivity fund under the civil aviation policy unveiled on June 15

MoCA to move aviation policy for Cabinet nod in few weeks

With consultations "almost complete", the Ministry of Civil Aviation (MoCA) now expects to place in a few weeks the much-delayed civil aviation policy before the Cabinet for its approval

Budget 2016: Will be next step on the path of economic growth & development

Finance minister shall be walking a tight rope to manage the fiscal austerity path. Though the chances of a slippage from the FRBM path are high, owing to 7th pay commission payouts, but these would to a certain extent get offset by higher revenues.

Budget 2016: Should be big step towards making India investment destination

With India emerging as a bright spot in today's global economy, the focus will now be on our national fiscal deficit. Finance Minister would draw some roadmap for long-term stable growth, to increase the tax-GDP ratio, while ensuring that India remains a bright spot and attractive to the rest of the world.

Budget 2016: The case for a game, set, match-win for the insurance sector

We expect increased push in the budget towards creating a universal healthcare ecosystem built on facilitating healthcare financing, instead of investing on its own healthcare facilities.

Govt contemplates tax incentives to boost housing

The tax department, according to sources, is looking at the draft rental housing policy to ascertain the tax incentives that can be doled out to the sector to encourage investments in housing sector.

Ministries propose fiscal, tax incentives for Make in India

As a CNBC-TV18 exclusive, Rituparna Bhuyan shares details of the tax breaks that are likely to be implemented.

Don't try to time mkt; defensives will dominate: RS Damani

Damani said retail investors should not try to time the market, and would be better off focusing on good businesses. Bull markets always climb a wall of worry and right now the market is looking ahead to the election cycle and a new administration; that is why it is powering up.

The End of the Cowboy Days of Angel Investing in India

SEBI proposes regulations for angel investors. A move that might have far reaching consequences within the angel investor circles.

Budget 2013: Budget could have delivered more for healthcare, pharma

Healthcare and pharmaceutical industries today welcomed steps announced in the Budget to increase allotment on health and medical education.

What to expect from the Union Budget 2013-14

We are only a week away from the Union budget 2013. Lot of expectation are build on this years budget considering it may be the last budget in the ruling party term and there is a need of the hour to reduce the impact of inflation on a common man pocket. Here are few of the expectations from the finance minister to consider in this year budget.

Ashok Leyland gains on tax benefit hopes

Shares in Ashok Leyland gain 2.8% a day after the company said it would spend Rs 4,000 crore over the next three years to increase capacity in Tamil Nadu as the auto maker would benefit from tax incentives, according to a conference call with analysts.