Economic Survey 2023: Govt urges private capex to take lead, create jobs
Indian non-financial private sector debt and non-financial corporate debt as a share of GDP declined by nearly thirty percentage points in the last decade
corporate tax
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Richest 5% Indians own over 60% of India's wealth: Oxfam
As per the report, between April 2020 and November 2022, the wealth of billionaires in India surged by 121% or ₹3,608 crore per day.
Unlisted cos report fall in corporate tax; listed, sharp rise
Corporate tax reported by 8,000 unlisted companies in India dropped by 42% in FY22.
Budget 2023: Ideas For Budget 2023
Leading experts discuss what finance minister Nirmala Sitharaman can do to give a booster shot to the Indian economy.
FM hits back at Cong’s tax bonanza jibe; lists corporate tax cut by Manmohan, Chidambaram
FM retorts to Congress’s “tax bonanza” jibe to the corporate sector by Modi govt, listing instances when corporate tax rates were reduced during Congress rule.
Corporate tax collection up 55% to ₹7.1 lakh cr in FY22
The percentage of net corporate tax to GDP, at current prices, was 3.01% in FY22, shows FinMin data.
Direct tax collection jumps 24% in first half of FY23
The direct tax collection, net of refunds, was up 16.3% at ₹7.45 lakh crore, compared to the corresponding period last year.
Middle, lower income class too needs tax breaks; Corp tax cut to cost ₹1 lakh cr in FY22: Cong
Congress urged the Centre to announce tax breaks for the middle and lower income classes.
Did corporate tax cut of 2019 lead to tax, GDP boom?
A parliamentary panel estimates a loss of ₹1.84 lakh crore due to the 2019 corporate tax cut in the first two fiscals of FY20 and FY21 alone
Jeff Bezos attacks Biden's economic policies. White House reacts
The Amazon founder hit out at U.S. president Joe Biden for linking inflation with corporate taxes.
