Corporate tax cut hinges on GST revenue: Arun Jaitley
Wednesday, March 6, 2019, 7:58 PM
Stating that NDA government, if voted back to power, would consider reducing the corporate tax rate for all firms to 25% provided the GST collections improve, finance minister Arun Jaitley told industry captains to pass on benefits of recent GST cuts to consumers by lowering prices. The minister said that GST is now on the track and is in process of fast settling down.
India’s growth story intact despite challenges: Ficci
Thursday, July 19, 2018, 5:30 PM
Indias growth story remains intact with the GDP expected to grow around 7.5% in the current financial year and improve further in the coming years, Ficci said. It termed the slowing down of the industrial output in May to 3.2% and the inching up of the retail inflation in June to 5% as short-term challenges.