Tue, Nov 28, 2023
The 2023 United Nations Climate Change Conference or Conference of the Parties of the UNFCCC, more commonly referred to as COP28, will be the 28th United Nations Climate Change Conference, which will be held from November 30 until December 12, 2023, in Dubai.
Fri, Oct 20, 2023
In a scathing critique of global multilateral institutions, Finance Minister Nirmala Sitharaman said that they've become less effective than a participation trophy. She called for a rethink of their role in the world, saying that they are no longer able to meet the challenges of the 21st century. The comments come as the world grapples with a number of crises, including the COVID-19 pandemic, the war in Ukraine, and the climate crisis.
Thu, Oct 19, 2023
Finance Minister Nirmala Sitharaman's statement at the Global Maritime India Summit, 'Government's focus on blue economy in the last 9 years', 'Middle-East economy improved through maritime'
Mon, Sep 23, 2019
In this segment of Zee Business' Money Guru, Know who will be benefited after FM's announcements.
India`s automotive industry is likely to be one of the key beneficiaries of the recent corporate tax cut, credit ratings agency ICRA said on Monday.
On Friday, the finance minister, Nirmala Sitharaman announced a cut in corporate tax rates to woo manufacturers and revive private investment in the economy. Though, the move will cost the government Rs 1.45 lakh crore in the current fiscal year in terms of lost revenue, but the Indian stock market seems extremely positive on this.
Sun, Sep 22, 2019
With stock markets recording a decade-high rise on the weekend after the announcement of the corporate tax cut by the Finance Minister, domestic institutional investors (DIIs) contributed the most with a massive over Rs 3,000 crore net investment during Friday`s session.
Modi government gave a big booster shot to Indian economy on Friday as Union Finance Minister Nirmala Sitharaman announced a series of tax incentives to boost the industry and restart investment. What is important and noteworthy here is that FM has listened to what Zee Business has been demanding and advocating in order to revive and boost the economy.
Finance Minister Nirmala Sitharaman and Modi government gave a major boost to the Indian economy on Friday by announcing several tax incentives including a reduction in the corporate tax, a demand that was put forward by Zee Business Managing Editor Anil Singhvi.
Sat, Sep 21, 2019
Varun Kapur, Executive Director, Travel Food Services, said "The recent announcement of relaxing corporate tax rate is a bold move by the government which will accelerate industrial activity and bolster investment across all sectors. It is bound to increase capital formation in the country, leading to business expansion and job creation."
Narendra Modi government cut corporate tax rates on Friday in a surprise move designed to woo manufacturers, revive private investment and lift growth from a six-year low that has led to major job losses and fueled discontent in the countryside.
The Oil and gas sector is likely to get maximum profit as companies like ONGC, which currently pay about 41% tax, will now have a direct savings of 12%.
Fri, Sep 20, 2019
Kiran Mazumdar-Shaw on Friday complimented Finance Minister Nirmala Sitharaman for the corporate tax rate cut, a day after a Twitter spat with her over the ban on e-cigarettes.
Corporate tax cut: slashes rate to 22% from 30%. To know more watch the video
Sitharaman expressed confidence that the GoM formed in July this year and headed by Amit Shah, had made progress in resolving Goa's mining deadlock.
Addressing the media, the FM said the GST rate on slide fasteners has been reduced from 18% to 12%; marine fuel 18% to 5%; 12% to 5% on wet grinders consisting of stone as a grinder, and 5% to nil on dried tamarind.
Automotive Skills Development Council (ASDC) held its 32nd Governing Council meeting in New Delhi on Friday.
Martin Schwenk, Managing Director & CEO, Mercedes-Benz India, says, "Reduction in corporate tax to 22 per cent is a shot in the arm as it is directly correlated to economic growth. Reduction of corporate tax has been on the agenda and it will also boost ‘Make in India
Zee Business Managing Editor Anil Singhvi, who is known for his amazing finance, stock markets and business-related predictions had already said that the Indian economy will get a massive push if Modi 2.0 slashes corporate tax.
Indian equity indices today witnessed a big surge after Finance Minister Nirmala Sitharaman announced a slew of measures to give a boost to the economy ahead of the GST Council meeting on Friday.
Uday Kotak, Executive Vice-Chairman and Managing Director of Kotak Mahindra Bank, said that this was a "Big bang reform" measure that will allow companies to compete with countries like the US.
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