Tag: corporate tax
Advance tax collection for H1 swells 22.6% to Rs 4.36 lakh crore
New Delhi: The government’s advance tax collections rose 22.61% to ₹4.36 lakh crore in the first half of the current financial year (April- September 15),…
Angel Tax: Reduction of Corporate Tax, removal of Angel Tax will help promote India-US economic ties: Ex-CEA Subramanian
Reduction of corporate tax in the 2024 Indian Budget and removal of Angel Tax are among the measures that will promote India-US economic engagement, according…
FDI: Simplified FDI, reduced corporate tax rates will greatly enhance capital inflows: Deloitte India
The Budget announcements of simplifying the FDI and overseas investment regulations, along with reduced corporate tax rates, will greatly enhance capital inflows into the country,…
Budget recap: Indian businesses that got a leg-up in 2023
In Budget 2023, Finance minister Nirmala Sitharaman announced a host of key proposals that were seen as important for the prospects of a number of…
Why has India’s corporate tax mop-up failed to match the pace of personal income-tax collection?
Back in 2010-11, India’s corporate tax mop-up was twice its personal income tax (PIT) collection. Now both are almost equal. In the past decade, the…