BREAKING NEWS
Intense heat wave in eastern states spreads to south India
Modi is ‘Vish Guru’, never respected ‘magalsutra’: Jairam Ramesh
Bengaluru-Mangaluru special trains announced for April 25 and 26
South Karnataka on high alert over bird flu reported in Kerala
UGC warns against ’10-day MBA’ programme, misleading abbreviations for degree nomenclature
Modi will go to jail if electoral bonds ‘scandal’ is investigated: M B Patil
Delhi police detains shopkeeper over biryani served on plate with Lord Ram image, releases him later
Country’s biggest leader given up morality, does not walk on path of truth: Priyanka Gandhi on PM
Vitla: 2 workers asphyxiated to death while fixing well rings
“Very sorry. We will be on your side,” CM Siddaramaiah to slain student’s father
Have issued unqualified apology for lapses: Ramdev, Balkrishna tell SC
Ensure children up to 12 yrs are allocated seats with their parents in flight: DGCA tells airlines
Watch: 2 Malaysian Navy helicopters crash mid-air; 10 onboard killed
Kejriwal given insulin after spike in sugar level: Tihar officials
K’taka HC upholds ban on all types of hookah products
Budget 2019: Firms with turnover of Rs 400 cr to pay lower 25 pc corporate tax
Team Udayavani, Jul 5, 2019, 1:38 PM IST
New Delhi: Finance Minister Nirmala Sitharaman on Friday proposed to raise the annual turnover limit from Rs 250 crore to Rs 400 crore for availing a lower corporate tax rate of 25 per cent.
The proposal would cover 99.3 per cent of the companies operating in the country, she said while presenting Union Budget 2019-20 in the Lok Sabha.
She further said only 0.7 per cent of the companies will now remain outside the 25 per cent corporate tax bracket, she said. The corporate tax rate is 30 per cent at the moment.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Reverse migration has begun, says FM Nirmala Sitharaman
Markets sustain winning streak — Sensex jumps over 560 points, Nifty tops 22,300-level
Sensex climbs 640 points, Nifty tops 22,300-level in early trade
Insurance regulator IRDAI abolishes age restriction on health insurance product
Elon Musk says India visit delayed due to Tesla obligations
MUST WATCH
Latest Additions
Intense heat wave in eastern states spreads to south India
Sexual harassment case against ex-WFI chief: Court to pass order on closure report on May 20
Modi is ‘Vish Guru’, never respected ‘magalsutra’: Jairam Ramesh
TCS World 10K: New starting point, meticulous arrangements in place
Congress complains to EC, alleges ‘misinformation’ by BJP about manifesto