Tag: corporate tax

Tax cuts may have saved 3 lakh crore rupees for India’s largest corporates: Data

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Tax cuts may have saved 3 lakh crore rupees for India’s largest corporates: Data

Taxed at a significantly lower rate following the introduction of the concessional tax regime in 2019, India’s largest corporates may have saved over ₹3 lakh crore in tax payments since then. This is in addition to over ₹8 lakh crore in revenue foregone through various deductions granted to companies in the decade since 2012-13 (FY13)….

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Business

MSP, loan waiver and crop insurance, crucial issues for farmers

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MSP, loan waiver and crop insurance, crucial issues for farmers

Farmers expect this government to take a radical break from all its earlier Budgets. File | Photo Credit: MUSTAFAH KK The Bharatiya Janata Party-led National Democratic Alliance faced huge setbacks in the Lok Sabha elections in the agrarian belts of the country. The BJP lost in at least 38 seats in five States where the farmers’…

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Business

MSP, loan waiver and crop insurance, crucial issues for farmers

Posted on By admin
MSP, loan waiver and crop insurance, crucial issues for farmers

Farmers expect this government to take a radical break from all its earlier Budgets. File | Photo Credit: K.K. Mustafah The Bharatiya Janata Party-led National Democratic Alliance faced huge setbacks in the Lok Sabha elections in the agrarian belts of the country. The BJP lost in at least 38 seats in five States where the farmers’…

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Business

Amid debate about inheritance tax, rising share of personal income tax and indirect tax remains a concern

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Amid debate about inheritance tax, rising share of personal income tax and indirect tax remains a concern

Share of personal income tax and indirect tax shows increase Over the last week, during the election campaign, the Congress’ manifesto and the party’s emphasis on social justice and welfare were suddenly thrust into the limelight. Prime Minister Narendra Modi sought to give the Congress’ demand for a caste census and its plans to study…

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Business

Japan’s Prime Minister Kishida plans an income tax cut for households and corporate tax breaks

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Japan’s Prime Minister Kishida plans an income tax cut for households and corporate tax breaks

Japan’s Prime Minister Fumio Kishida delivers his policy speech during an extraordinary session of the Diet at the parliament in Tokyo on October 23, 2023. Photo: Kyodo News via AP Japan’s Prime Minister Fumio Kishida said on October 23 he is preparing to take bold economic measures, including an income tax cut for households hit…

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