Companies Are Paying More Tax, and Traders Are Paying a Lot More

Net direct tax collections rose 13% this year, driven by a jump in corporate tax. The surprise is securities transaction tax, up 52%. That number may complicate the government’s new openness to... Read more »

Government likely to lower corporate tax in wake of GST collection rise

The government has agreed to lower corporate tax rate to 25 per cent for all companies once Goods and Services Tax (GST) mop-up improves, Ficci President Sandip Somany said Tuesday. Somany, after... Read more »