Corporate Tax Rate
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Union Budget 2025: Tax Deduction Terms You Should Know Ahead Of Budget
Tax Deductions: A tax deduction is an expense or expenditure that can be subtracted from an individual's or business's total income, resulting in a lower taxable income.
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Japan’s Financial Regulator May Cut Crypto Tax, Encourage Investors to Engage with VDAs
In Japan, crypto-generated earnings are currently taxed between 15 and 55 percent. However, authorities are considering reducing this tax rate to a flat 30 percent for corporate investors and 20 percent for individual investors in FY 2025.
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18% Hike In Mumbai-Pune Expressway Toll Tax From April 1. See New Rates
Toll for vehicles on the Mumbai-Pune Expressway, the first access-controlled road of the country, will increase by 18 per cent from April 1, officials of the Maharashtra State Road Development Corporation (MSRDC) said.
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Jeff Bezos, Joe Biden Engage in War of Words: Can Corporate Taxes Tame Inflation?
Jeff Bezos initiated a political fight this weekend on Twitter by denouncing a tweet from President Joe Biden about corporate taxes as “disinformation” and "misdirection”. Replying to Bezos on Monday, the White House commented that the billionaire “opposes an economic agenda for the middle class.”
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India, 135 Other Nations Agree On Landmark Global Corporate Tax Deal
A group of 136 countries on Friday set a minimum global tax rate of 15 per cent for big companies and sought to make it harder for them to avoid taxation in a landmark deal that US President Joe Biden said levelled the playing field.
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EU Pauses Digital Tax Plan After US Push, but Ireland Sticks to Its Guns
The European Union agreed to delay a corporate tax plan for the bloc following pressure from the US administration and in a bid to facilitate a broader global tax deal, but EU member Ireland reiterated its criticisms of the wider reform.
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Amazon May Prove Exception to Minimum Global Tax Rate Rules
The Group of Seven wealthy nations may have endorsed a plan to ensure the world's biggest companies pay a minimum global tax rate, but US tech behemoth Amazon may escape it.
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Big Tech Said to Support Global Corporate Tax, but Wants Digital Services Levies Axed
US tech giants could benefit from the agreement of the Group of Seven rich countries' agreement to create a global minimum 15 percent corporate tax rate if the final deal also scraps increasingly popular digital services taxes, according to industry lobbyists.
-
Apple, Google, Amazon, Other Tech Giants May Have to Pay Much Higher Taxes as G7 Nations Reach Landmark Deal
Apple, Google, Amazon among other multinational businesses could be subjected to more taxes as G7 nations reach a deal to pursue higher global taxation.
-
Congress Protests Against Bengaluru Civic Body Over Hike In Taxes
Congress leaders and workers staged a protest in Karnataka capital Bengaluru today against hikes in taxes and rate charges by the city's civic body Bruhat Bengaluru Mahanagara Palike (BBMP). They walked from the Mysuru Bank Circle to the corporation's headquarters in the city. The police prevented all but a few representatives from entering the BBM...
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Petrol, Diesel Prices Slashed By Up To 16 Paise Across Metros
State-owned oil marketing companies on Monday revised prices of the two auto fuels across the metro cities. As per the notification from Indian Oil Corporation, petrol and diesel prices were slashed between 13 paise to 16 paise respectively. In Delhi, petrol rates were cut by 14 paise bring down the price to Rs. 81.72 per litre from Rs. 81.86 per l...
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China's Great Wall Could Invest Rs. 7000 Crore In India, Eyes GM's Talegaon Plant
Chinese automaker Great Wall Motors could soon invest Rs. 7000 crore in India as the company plans to set-up operations in the country, a recent report from ETAuto suggests. With more and more China-based carmakers setting shop in India, the news does come as little surprise, the massive investment plan certainly is big news amidst one of the worst...
-
"Positive Impact On Investment": IMF Supports India's Corporate Tax Cut
The International Monetary Fund on Friday supported India's recent decision to reduce corporate income tax, saying it has a positive impact on investment.
-
Corporate Tax Cut to Boost Smartphone Manufacturing in India: Executives
India slashed its headline corporate tax rate to 22 percent from 30 percent on Friday in a surprise gambit aimed at wooing manufacturers.
-
Corporate Tax Cut Makes India Investment Destination: Nirmala Sitharaman
India has become a highly competitive investment destination post corporate tax reduction as the rates are now lower than that in China and most Southeast Asian countries, Finance Minister Nirmala Sitharaman said today.
-
Union Budget 2025: Tax Deduction Terms You Should Know Ahead Of Budget
Tax Deductions: A tax deduction is an expense or expenditure that can be subtracted from an individual's or business's total income, resulting in a lower taxable income.
-
Japan’s Financial Regulator May Cut Crypto Tax, Encourage Investors to Engage with VDAs
In Japan, crypto-generated earnings are currently taxed between 15 and 55 percent. However, authorities are considering reducing this tax rate to a flat 30 percent for corporate investors and 20 percent for individual investors in FY 2025.
-
18% Hike In Mumbai-Pune Expressway Toll Tax From April 1. See New Rates
Toll for vehicles on the Mumbai-Pune Expressway, the first access-controlled road of the country, will increase by 18 per cent from April 1, officials of the Maharashtra State Road Development Corporation (MSRDC) said.
-
Jeff Bezos, Joe Biden Engage in War of Words: Can Corporate Taxes Tame Inflation?
Jeff Bezos initiated a political fight this weekend on Twitter by denouncing a tweet from President Joe Biden about corporate taxes as “disinformation” and "misdirection”. Replying to Bezos on Monday, the White House commented that the billionaire “opposes an economic agenda for the middle class.”
-
India, 135 Other Nations Agree On Landmark Global Corporate Tax Deal
A group of 136 countries on Friday set a minimum global tax rate of 15 per cent for big companies and sought to make it harder for them to avoid taxation in a landmark deal that US President Joe Biden said levelled the playing field.
-
EU Pauses Digital Tax Plan After US Push, but Ireland Sticks to Its Guns
The European Union agreed to delay a corporate tax plan for the bloc following pressure from the US administration and in a bid to facilitate a broader global tax deal, but EU member Ireland reiterated its criticisms of the wider reform.
-
Amazon May Prove Exception to Minimum Global Tax Rate Rules
The Group of Seven wealthy nations may have endorsed a plan to ensure the world's biggest companies pay a minimum global tax rate, but US tech behemoth Amazon may escape it.
-
Big Tech Said to Support Global Corporate Tax, but Wants Digital Services Levies Axed
US tech giants could benefit from the agreement of the Group of Seven rich countries' agreement to create a global minimum 15 percent corporate tax rate if the final deal also scraps increasingly popular digital services taxes, according to industry lobbyists.
-
Apple, Google, Amazon, Other Tech Giants May Have to Pay Much Higher Taxes as G7 Nations Reach Landmark Deal
Apple, Google, Amazon among other multinational businesses could be subjected to more taxes as G7 nations reach a deal to pursue higher global taxation.
-
Congress Protests Against Bengaluru Civic Body Over Hike In Taxes
Congress leaders and workers staged a protest in Karnataka capital Bengaluru today against hikes in taxes and rate charges by the city's civic body Bruhat Bengaluru Mahanagara Palike (BBMP). They walked from the Mysuru Bank Circle to the corporation's headquarters in the city. The police prevented all but a few representatives from entering the BBM...
-
Petrol, Diesel Prices Slashed By Up To 16 Paise Across Metros
State-owned oil marketing companies on Monday revised prices of the two auto fuels across the metro cities. As per the notification from Indian Oil Corporation, petrol and diesel prices were slashed between 13 paise to 16 paise respectively. In Delhi, petrol rates were cut by 14 paise bring down the price to Rs. 81.72 per litre from Rs. 81.86 per l...
-
China's Great Wall Could Invest Rs. 7000 Crore In India, Eyes GM's Talegaon Plant
Chinese automaker Great Wall Motors could soon invest Rs. 7000 crore in India as the company plans to set-up operations in the country, a recent report from ETAuto suggests. With more and more China-based carmakers setting shop in India, the news does come as little surprise, the massive investment plan certainly is big news amidst one of the worst...
-
"Positive Impact On Investment": IMF Supports India's Corporate Tax Cut
The International Monetary Fund on Friday supported India's recent decision to reduce corporate income tax, saying it has a positive impact on investment.
-
Corporate Tax Cut to Boost Smartphone Manufacturing in India: Executives
India slashed its headline corporate tax rate to 22 percent from 30 percent on Friday in a surprise gambit aimed at wooing manufacturers.
-
Corporate Tax Cut Makes India Investment Destination: Nirmala Sitharaman
India has become a highly competitive investment destination post corporate tax reduction as the rates are now lower than that in China and most Southeast Asian countries, Finance Minister Nirmala Sitharaman said today.
