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News & Features |     See All Updates : 6642

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10-year-high: Top single-day gain at Sensex

DNMUM443295 | 9/21/2019 | Author :Soumonty Kanungo | WC:448

Bulls took over the domestic equity market as Finance Minister Nirmala Sitharaman slashed the tax rate for domestic companies. As a slew of "big bang" measures was announced, the S&P

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Nirmala Sitharaman announces corporate tax cut to spur growth

DNMUM443298 | 9/21/2019 | Author :Anjul Tomar | WC:917

In an effort to boost investment and growth to revive the sluggish economy, Finance Minister Nirmala Sitharaman slashed corporate tax rates for domestic companies on Friday to 22% and for new domes

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Hotels get deepest GST cut, fizzy drinks spiked

DNMUM443299 | 9/21/2019 | Author :DNA Correspondent | WC:282

The Goods and Services Council (GST Council) slashed the tax rate on hotel tariffs, in a move aimed at giving a boost to the hospitality sector. It also lowered rates on gems & jewellery, defence

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‘Cut in tax will awaken corporate spirits’

DNMUM443275 | 9/21/2019 | Author :Sanjay Jog | WC:297

Industry players on Friday opined that Finance Minister Nirmala Sitharaman’s announcement to cut the effective corporate tax to 25.17% from 30% will boost investor sentiments, encourage manufacturi

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GST Council lowers tax rate on hotel room tariffs

DNMUM443287 | 9/21/2019 | Author :DNA Correspondent | WC:409

The Goods & Services Tax (GST) Council chaired by finance minister Nirmala Sitaraman on Friday cut the tax rate on hotel room tariffs, in a move aimed at giving a boost to the hospitality sector.<

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Hotels seek GST relief to boost tourism

DNAHM130530 | 9/20/2019 | Author :Subodh Mishra | WC:294

Stressing that hotels boost tourism and create jobs, the industry has sought one single rate under Goods and Service Tax to facilitate its growth."The imposition of 18% and 28% GST at diffe

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