BREAKING NEWS
Ramesh Bidhuri expresses regret as row erupts over his ‘roads like Priyanka Gandhi’s cheeks’ remarks
Poll results a slap on face of detractors, Shiv Sena growing stronger: Shinde
Started setting new goals for 2025 after World Championship and Khel Ratna: Gukesh
Karkala: Couple rescued after falling into open well
Virat Kohli does not deserve place in team, need to end superstar culture: Irfan Pathan
Theatre stampede case: Actor Allu Arjun appears before police, ‘cancels’ proposed visit to hospital
They’re tough people with hunger, will decide what is best for Indian cricket: Gambhir on Rohit and Virat
Will Kohli be able to retain his place for England Tests?
Mangaluru: Karnataka’s first C Band Doppler Weather Radar likely to be inaugurated by Jan: IMD
Karnataka: Private bus fares likely to increase soon?
Prasidh Krishna strikes thrice but Australia remain on course to chase 162
Atul Subhash Suicide Case: Wife and family members granted bail
Mangaluru: Car catches fire at Ladyhill; Driver escapes unhurt
Mangaluru gets direct flight to Pune
BJP demands Priyank Kharge’s resignation in contractor’s suicide case
Concessional 15 pc corporate tax rate to be available till FY24 for newly incorporated mfg firms
PTI, Feb 1, 2022, 1:02 PM IST
Finance Minister Nirmala Sitharaman on Tuesday said a concessional corporate tax rate of 15 per cent would be available for one more year till March 2024 for newly incorporated manufacturing companies.
She also proposed a 30 per cent tax on income from transfer of virtual digital assets. One per cent tax deducted at source (TDS) on transfer of virtual assets above a threshold, gifts would be taxed, the minister said.
The Prime Minister’s Development Initiative for North East will be implemented through the North Eastern Council, with an initial allocation of Rs 1,500 crore, she added.
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