On Friday, the Central Bureau for Direct Taxes (CBDT) proposed a roadmap to bring corporate tax down from the current 30 percent to 25 percent by doing away with tax breaks to India Inc.
Posts tagged MC
‘There needs to be a serious rethinking on CBDT Proposal’ (23-11-2015)
NSE plans to self-list soon, undergo structural changes (23-11-2015)
NSE senior management clarified that the exchange is inclined towards self-listing adding that it would have to undertake a corporate restructuring before any listing can take place.
Jaitley asks banks to clean up balance sheet at earliest (23-11-2015)
The Minister during his meeting with heads of public sector banks (PSBs) also reviewed interest rate in the light of key policy rate reduction by RBI in September.
No burning reason for Fed to hike rate in December: Pros (23-11-2015)
Manish Singh, Chief Strategist Head of Investments, Crossbridge Capital LLP says inflation and financial condition are two key parameters that Fed is watching closely.
Committee on GST rate to submit report next month: Sinha (23-11-2015)
A high-powered committee to suggest revenue neutral GST rate will submit its report in the first week of December, Minister of State for Finance Jayant Sinha said.
Fitch downgrades outlook on JSW Steel to negative (23-11-2015)
A key assumption of Fitch’s rating case is that steel prices will recover modestly in the financial year ending March 31, 2017, in response to improving steel demand in India, it said.
Pfizer, Allergan ink $160 billion merger deal (23-11-2015)
Global pharma major Pfizer Inc and Botox maker Allergan Plc have entered into a merger agreement for a total enterprise value of about USD 160 billion in the biggest ever deal in healthcare sector.
New regime for quality coal supply from Jan 1: Anil Swarup (23-11-2015)
The step is aimed at putting an end to any controversies regarding quality of coal supplied by Coal India, which has been the bone of contention between power utilities like NTPC and the coal behemoth.
Bupa to acquire addtnl 23% stake in Max Bupa for Rs 191 cr (23-11-2015)
The UK health care group was the first foreign insurer to announce its intent to increase its stake to 49 per cent in its Indian health insurance subsidiary after the government relaxed FDI participation rules for insurance companies.
Opposition plans to summon PM on Land Bill issue: Sources (23-11-2015)
Rituparna Bhuyan of CNBC-TV18, quoting sources said that the joint parliamentary panel may seek extension of tenure on this issue.