Deprecated (16384)CORE/src/Core/functions.php , line 311 ]Code Context
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Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98 Deprecated (16384)CORE/src/Core/functions.php , line 311 ]Code Context
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<head><meta http-equiv="Content-Type" content="text/html; charset=utf-8">
<title>
LATEST NEWS UPDATES | Data: Why Indian firms are reluctant to invest despite tax cut and high profits -Vignesh Radhakrishnan and Jasmin Nihalani </title>
<meta name="description" content="-The Hindu
Consumer demand started to decline before the pandemic and worsened after outbreak
In September, Finance Minister Nirmala Sitharaman was anguished that industry was holding back from investing in manufacturing despite a significant cut in corporate tax rates in 2019.
The slowdown..."/>
<meta name="keywords" content="Consumer demand,Corporate investment"/>
<meta name="news_keywords" content="Consumer demand,Corporate investment">
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<meta property="og:description" content="-The Hindu
Consumer demand started to decline before the pandemic and worsened after outbreak
In September, Finance Minister Nirmala Sitharaman was anguished that industry was holding back from investing in manufacturing despite a significant cut in corporate tax rates in 2019.
The slowdown..." />
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<h1 class="cat-box-title">Data: Why Indian firms are reluctant to invest despite tax cut and high profits -Vignesh Radhakrishnan and Jasmin Nihalani</h1>
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<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Consumer demand started to decline before the pandemic and worsened after outbreak</em></p><p style="text-align:justify">In September, Finance Minister Nirmala Sitharaman was anguished that industry was holding back from investing in manufacturing despite a significant cut in corporate tax rates in 2019.</p><p style="text-align:justify">The slowdown in corporate investment did not happen because companies were making losses. In fact, private companies, boosted by considerable tax cuts, made windfall profits. A State Bank of India analysis shows that tax cuts contributed 19% to the top line of companies during the pandemic. But this did not result in increased investments.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/data/data-why-indian-firms-are-reluctant-to-invest-despite-tax-cut-and-high-profits/article66141537.ece" title="https://www.thehindu.com/data/data-why-indian-firms-are-reluctant-to-invest-despite-tax-cut-and-high-profits/article66141537.ece">click here</a> to read more.</p>
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<br><a href="https://www.thehindu.com/data/data-why-indian-firms-are-reluctant-to-invest-despite-tax-cut-and-high-profits/article66141537.ece" class="re" target="_blank">The Hindu, 16 November, 2022, https://www.thehindu.com/data/data-why-indian-firms-are-reluctant-to-invest-despite-tax-cut-and-high-profits/article66141537.ece</a><div class="clear"></div>
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LATEST NEWS UPDATES | Data: Why Indian firms are reluctant to invest despite tax cut and high profits -Vignesh Radhakrishnan and Jasmin Nihalani </title>
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Consumer demand started to decline before the pandemic and worsened after outbreak
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Consumer demand started to decline before the pandemic and worsened after outbreak
In September, Finance Minister Nirmala Sitharaman was anguished that industry was holding back from investing in manufacturing despite a significant cut in corporate tax rates in 2019.
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<h1 class="cat-box-title">Data: Why Indian firms are reluctant to invest despite tax cut and high profits -Vignesh Radhakrishnan and Jasmin Nihalani</h1>
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<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Consumer demand started to decline before the pandemic and worsened after outbreak</em></p><p style="text-align:justify">In September, Finance Minister Nirmala Sitharaman was anguished that industry was holding back from investing in manufacturing despite a significant cut in corporate tax rates in 2019.</p><p style="text-align:justify">The slowdown in corporate investment did not happen because companies were making losses. In fact, private companies, boosted by considerable tax cuts, made windfall profits. A State Bank of India analysis shows that tax cuts contributed 19% to the top line of companies during the pandemic. But this did not result in increased investments.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/data/data-why-indian-firms-are-reluctant-to-invest-despite-tax-cut-and-high-profits/article66141537.ece" title="https://www.thehindu.com/data/data-why-indian-firms-are-reluctant-to-invest-despite-tax-cut-and-high-profits/article66141537.ece">click here</a> to read more.</p>
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<br><a href="https://www.thehindu.com/data/data-why-indian-firms-are-reluctant-to-invest-despite-tax-cut-and-high-profits/article66141537.ece" class="re" target="_blank">The Hindu, 16 November, 2022, https://www.thehindu.com/data/data-why-indian-firms-are-reluctant-to-invest-despite-tax-cut-and-high-profits/article66141537.ece</a><div class="clear"></div>
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LATEST NEWS UPDATES | Data: Why Indian firms are reluctant to invest despite tax cut and high profits -Vignesh Radhakrishnan and Jasmin Nihalani </title>
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Consumer demand started to decline before the pandemic and worsened after outbreak
In September, Finance Minister Nirmala Sitharaman was anguished that industry was holding back from investing in manufacturing despite a significant cut in corporate tax rates in 2019.
The slowdown..."/>
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Consumer demand started to decline before the pandemic and worsened after outbreak
In September, Finance Minister Nirmala Sitharaman was anguished that industry was holding back from investing in manufacturing despite a significant cut in corporate tax rates in 2019.
The slowdown..." />
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<h1 class="cat-box-title">Data: Why Indian firms are reluctant to invest despite tax cut and high profits -Vignesh Radhakrishnan and Jasmin Nihalani</h1>
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<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Consumer demand started to decline before the pandemic and worsened after outbreak</em></p><p style="text-align:justify">In September, Finance Minister Nirmala Sitharaman was anguished that industry was holding back from investing in manufacturing despite a significant cut in corporate tax rates in 2019.</p><p style="text-align:justify">The slowdown in corporate investment did not happen because companies were making losses. In fact, private companies, boosted by considerable tax cuts, made windfall profits. A State Bank of India analysis shows that tax cuts contributed 19% to the top line of companies during the pandemic. But this did not result in increased investments.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/data/data-why-indian-firms-are-reluctant-to-invest-despite-tax-cut-and-high-profits/article66141537.ece" title="https://www.thehindu.com/data/data-why-indian-firms-are-reluctant-to-invest-despite-tax-cut-and-high-profits/article66141537.ece">click here</a> to read more.</p>
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LATEST NEWS UPDATES | Data: Why Indian firms are reluctant to invest despite tax cut and high profits -Vignesh Radhakrishnan and Jasmin Nihalani
Data: Why Indian firms are reluctant to invest despite tax cut and high profits -Vignesh Radhakrishnan and Jasmin Nihalani
Nov 12, 2022
Nov 17, 2022
-The Hindu
Consumer demand started to decline before the pandemic and worsened after outbreak
In September, Finance Minister Nirmala Sitharaman was anguished that industry was holding back from investing in manufacturing despite a significant cut in corporate tax rates in 2019.
The slowdown in corporate investment did not happen because companies were making losses. In fact, private companies, boosted by considerable tax cuts, made windfall profits. A State Bank of India analysis shows that tax cuts contributed 19% to the top line of companies during the pandemic. But this did not result in increased investments.
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The Hindu, 16 November, 2022, https://www.thehindu.com/data/data-why-indian-firms-are-reluctant-to-invest-despite-tax-cut-and-high-profits/article66141537.ece
Published on Nov 12, 2022
Modified on Nov 17, 2022
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