Union Minister for Finance and Corporate Affairs Current Affairs, GK & News

Centre cuts Corporate Tax Rate for domestic investors

The Centre government has cut the effective corporate tax rate for existing domestic companies to 25.17% (from 34.94% now) and for new domestic companies, it will be 15% now. For this purpose the government has brought in Taxation Laws (Amendment) Ordinance 2019 to make certain amendments in Income-tax Act 1961 and Finance (No. 2) Act ..

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Economic Survey 2018-19

The Economic Survey 2018-19 was tabled in the parliament by the Union Minister for Finance and Corporate Affairs. The Key Highlights of Economic Survey 2018-19 are as follows: India’s GDP (gross domestic product) is projected to grow at a rate of 7 per cent in the fiscal year 2019-20. The survey views Indian Economy as ..

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