Rising GST rates will aggravate economy further: Arvind Subramanian, former CEA
The former CEA Arvind Subramanian feels that individual incom...
Industrialists in India scared of paying 'CBI taxes': Mamata
Banerjee went on to clarify that by "CBI tax", she meant clearances from the cen...
Part Panglossian, part practical, Governor Shaktikanta Das soldiers on
Tomorrow, Das will complete a year at the helm of RBI. Here's looking ...
Digital companies scramble to save on tax as India tightens data laws
The fear for companies such as Google, Facebook, Netflix, Amazon and LinkedIn is that if the servers sit in India, it would be seen as a PE and will attract higher tax. Some are also exploring another route for tax saving. They may consider creating a separate company that would own servers and the main entity would only pay “rent” for using it.
Recent cut in corporate tax rate was done to boost investments: CEA
"Private investment is the driver of economic growth. Steps that we are taking, be it corporate tax rate cut, be it code on wages and industrial relations, is to try and create a more favourable environment for investment," Chief Economic Adviser KV Subramanian said at the FICCI Young Leaders Summit. He said investment is required for a sustained economic growth.
Fed next move only in 2021! Key takeaways from Dec rate setting
As many as 13 officials expected status quo next year, while four saw a hike.
Can I sell my small cap fund and invest the money in ELSS to save taxes?
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
Taxpayers need to be careful while assessing provisions in tax laws
This ordinance provided for significant tax cuts for domestic companies.
S&P to cut India's sovereign rating if economic slump persists
The agency, however, has maintained a BBB- rating for India, which is its lowest investment grade rating. Anything below this grade would adversely impact India’s benchmark 10-year bond yields, which are already on a performance slump. Economic affairs secretary had on Dec 3 tweeted that S&P has reaffirmed sovereign rating at BBB- with stable outlook.
ECB holds its deposit rate at record low - 0.5% while keeping option of another rate cut firmly on table
The European Central Bank kept its ultra-easy monetary policy unchanged at Christine Lagarde's first meeting in charge on Thursday, even kee...
Global airlines cut 2019 profit forecast over trade tensions
IATA cut full-year net profit forecast to $25.9 billion, a 5.1% decline from 2018.
We expect another Fed rate cut in first half of 2020: Jahangir Aziz, JPMorgan
There is a recovery taking place in India as the relentless decline in high frequency indicators have stopped. The problem is with how strong this recovery could be.
FOMC outcome: US Federal Reserve leaves rates unchanged, hints at no cuts in 2020
The Federal Reserve left interest rates unchanged and signaled it would keep them on hold through 2020 amid a solid economy, sticking to the...
GST: Promoters move high court over taxman’s power to arrest, attach accounts
The tax department had arrested several promoters on the basis of suspicion that they gamed GST rules.
Benchmark yield hits 12-week high on S&P's downgrade warning
Benchmark bond yield gained five basis points to close at 6.76 per cent on Wednesday.
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