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Corporates

Corporates

Amnesty scheme to resolve legacy tax issues

All parties can settle the disputes, save those who face conviction and those who have moved the Settlement Commission.

Union Budget 2019 at a glance

Good news for prospective buyers of companies that the government has taken to the bankruptcy court.

Big companies don't get the tax cut

Corporate tax rate cut for mid-size domestic companies and more tariff protection for domestic firms will boost the Make in I...

Sitharaman's Budget a blueprint for creating USD 5-trillion economy by 2025: India Inc

While Vedanta Resources Chairman Anil Agarwal termed it a progressive Budget, RPG Enterprises Chairman Harsh Goenka said it w...

Budget 2019: Government expects Rs 50,519.8 crore from telecom sector, up 28% on year

The government earns revenue in the form of mainly licence fees and spectrum usage charges (SUC) from telecom operators.

Govt to provide tax incentives to high-tech manufacturing plants

HSMC had requested the government to assure market support through policy measures but its proposal was rejected.

India to ease local sourcing norms for single brand retail, Apple benefits

India’s plans to ease local sourcing rules in single brand retail are set to help Apple the most among other cos.

Govt to provide credit guarantee to PSBs to buy NBFC assets

The minister also proposed to bring NBFCs under the regulation of the RBI for better oversight and to strength monitoring of ...

FDI relaxation may help to find buyers for Air India, Jet Airways

FM announced today that the govt may relax FDI norms for sectors like Aviation, Media and Single-brand retail.

Budget 2019: PPPs to unleash development in Railways, says Finance Minister

Given the expenditure of Rs 1.4 to 1.6 lakh crore per year, it could take decades to complete the projects.

Budget 2019: Disinvestment target for FY20 raised to 1,05,000 crores

Budget 2019: Disinvestment target for FY20 raised to 1,05,000 crores

the FM said that in the current environment the government will re-initiate strategic disinvestment not only for Air India bu...

Sitharaman proposes 'one nation one grid' for power sector

Sitharaman proposes 'one nation one grid' for power sector

The stated objective of the scheme was to provide free connections to the poor and at very low cost to others.

FDI in focus, major change may be brewing for single-brand retail

FDI in focus, major change may be brewing for single-brand retail

Another big announcement was on local sourcing norms for single brand retail sector, which Sitharaman said will be eased.

What does India want on July 5? Here's a ground report from 8 places that matter

What does India want on July 5? Here's a ground report from 8 places that matter

ET visited eight industrial hubs across India, spanning several sectors, to find out what businesses want.

Budget may keep Status quo on angel tax for startups

Budget may keep Status quo on angel tax for startups

Many startups, including those from the software industry, are seeking exemption from Section 68 of the I-T Act.

Budget 2019: Infrastructure sector seeks more capital and tax rebates

Budget 2019: Infrastructure sector seeks more capital and tax rebates

Other suggestions were to contain the rising cost of infrastructure projects and rationalisation of various levies in infrast...

Experts seek rationalisation of taxes in healthcare sector

Experts seek rationalisation of taxes in healthcare sector

In a pre-budget meeting with Finance Minister, the sector stakeholders asked the govt to look at creating model schools on cl...

Financial sector pitches for special liquidity window for NBFCs

Financial sector pitches for special liquidity window for NBFCs

Infrastructure sector in favour of tax-free bonds to boost investment.

NBFC liquidity, NPAs figure in Nirmala Sitharaman's pre-Budget meet

NBFC liquidity, NPAs figure in Nirmala Sitharaman's pre-Budget meet

A Finance Ministry statement also said that capital infusion in PSBs and a separate bond exchange were among the other issues...

Nasscom seeks incentives for investment in R&D, talent development

Nasscom seeks incentives for investment in R&D, talent development

Nasscom, the industry body for $177 billion IT-BPM sector, said it has submitted an “extensive” recommendations document with...

CII's 10-point agenda includes low corporate tax, IBC reforms

CII's 10-point agenda includes low corporate tax, IBC reforms

The CII made the recommendations by submitting a 10-point agenda for the new government.

Bring down corporate tax, simplify taxation, revive infra investment: Industry to FM

Bring down corporate tax, simplify taxation, revive infra investment: Industry to FM

CII President suggested that a simplified taxation regime is pivotal for improving the revenue flows and help government stic...

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