The tax department had offered the businesses the option of choosing a lower tax rate without tax incentives in 2019...

The govt has been waiting for the expansion by private sector following corporate tax rate cut and other measures...

The revenue foregone is essentially on two accounts — huge refunds issued and cut in corporate tax...

6 to 6.5 per cent projected in 2020-21...

The investors are waiting with high expectation for this paradigm shift in the budget...

The government has taken various measures, including corporate tax cuts, to improve risk-return of companies, he said...

Latest GDP data for July-September showed a significant moderation in the pace of economic growth to 4.5 per cent...

The decision was also necessary to attract investment from multi-national companies, which are wanting to shift operations from China, she said...

Congress' Adhir Ranjan Chowdhury asked the Centre to seek advice from Manmohan Singh...

While the real GDP growth will average 5 % in the current year, it will improve to 6.3% in the next year and 6.8% subsequently...