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NEWS
Market celebrates corporate tax cut with biggest rally in 10 years
Sat, Sep 21, 2019     Source : Business Standard
Banking, auto shares gain the most; 5 stocks account for 68% of Sensex gains
NEWS
Investor wealth spikes Rs.2.11 lakh cr after FM announcements
Sat, Sep 21, 2019     Source : Business Line
Domestic investor wealth soared by Rs.2.11 lakh crore in morning trade on Friday as equity market rallied following a slew of economy-boosting announcements by Finance Minister Nirmala Sitharaman.
NEWS
Relief for FPIs: Capital gains on debt securities now exempt from surcharge
Sat, Sep 21, 2019     Source : Business Standard
The announcement comes a month after the surcharge on income earned from equities and derivatives was scrapped
NEWS
Exemption from share buyback tax major relief to IT bigwigs
Sat, Sep 21, 2019     Source : Economic Times
The government, as part of the Budget, had announced a 20 per cent tax on share buyback by listed companies.
NEWS
RIL replaces TCS as top firm in market capitalisation
Sat, Sep 21, 2019     Source : Mint
Reliance Industries Limited on Friday raced past TCS to clinch the title of the most valued domestic firm by market valuation, helped by a rally in its share price.
NEWS
Bank stocks seen top beneficiaries of corporate tax cut
Sat, Sep 21, 2019     Source : Mint
India’s bank stocks will be the biggest beneficiaries of Prime Minster Narendra Modi’s move to slash the corporate tax rate to among the lowest in Asia, according to K.R. Choksey Shares and Securities Pvt.
NEWS
Improve revenue buoyancy, Finance Commission chairman asks states
Sat, Sep 21, 2019     Source : Business Standard
GST collection has significantly slowed down in recent months, making it difficult for the Centre to hand out compensation to states
NEWS
GST Council hikes tax on caffeinated beverages, cuts rates on hotel tariffs
Sat, Sep 21, 2019     Source : Economic Times
The GST Council more than doubled tax on caffeinated drinks but cut the same on hotel tariffs and some goods.
NEWS
Corporate tax cut: Hope for quick trickle-down effect
Sat, Sep 21, 2019     Source : Economic Times
Will Corporate India share a slice of its windfall with customers, suppliers and employees?
NEWS
Corporate tax cut a big positive, but demand recovery may take time
Sat, Sep 21, 2019     Source : Business Standard
Employment support led by new investments made by domestic manufacturers is expected, as all corporate entities are eligible for lower taxes
NEWS
Revival in auto sector may be round the corner with the corporate tax cuts
Sat, Sep 21, 2019     Source : Mint
The prices of two- and four-wheelers manufactured by profitable automakers are likely to come down significantly following the corporate tax cut announced on Friday, just in time for the Navratri and Diwal...
NEWS
RBI announces new guidelines for 'failed' ATM transactions
Sat, Sep 21, 2019     Source : Economic Times
Failure to resolve complaint within the stipulated time would make these lenders liable to pay customers Rs 100 for every delayed day.
NEWS
Bank credit must grow 12% year-on-year for India to become a $5-t economy
Sat, Sep 21, 2019     Source : Business Line
Mega mergers will help strengthen the nation’s banking system, says MD
NEWS
Wall Street edges higher on stimulus efforts, trade hopes
Sat, Sep 21, 2019     Source : Economic Times
The S&P index recorded 14 new 52-week highs and no new low, while the Nasdaq recorded 17 new highs and 18 new lows.
NEWS
Rs. 17.6 trillion investor wealth wiped off since 3 June
Fri, Sep 20, 2019     Source : Mint
Battered by a combination of local and global headwinds, Indian stocks have plunged over 10% since their record highs on 3 June, wiping off investor wealth totalling Rs.17.6 trillion in less than four mont...
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Do you think the government will be able to prevent the Rupee from falling further?
Sep 12 , 2018

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