Licensing Of New Small Finance Banks Now ‘On Tap’

With this ‘on tap’ facility, the RBI will now accept applications and grant licenses for SFBs throughout the year, in contrast to the erstwhile guidelines issued on November 27, 2014, where the application window was open until 16 January 2015.

Minimum alternative tax exemption: Investing in stressed companies is attractive

Methods for Valuation

Evaluation for Valuation of your Startup

Firms study fine print

Each company would have to weigh the advantage of shifting to the new rate of 22% with effective rate of 25.17%

Speculation rife on possible income tax cut for individuals

After a cut in the corporate tax, speculation around an income tax cut for individual taxpayers is rife.

With effective corporate tax cut, India comes closer to average global rate

Corporates accounted for about 1.6 per cent of total taxpayers, as per the tax returns for assessment year 2017/18 but they contributed over 55 per cent to income taxes during the same year

Government widens scope of CSR spend to include R&D

Earnings to consumer firms set to rise 5-12 per cent

According to Soumya Kanti Ghosh, Group Chief Economic Adviser, State Bank of India, with the new effective rate of 25.17% tax saving for a sample of 3,446 listed companies could be at least Rs 44,000 crore, which is a substantial boon for the corporates waiting for  business revival in stressed...