Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

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        LATEST NEWS UPDATES | Explained: How the latest corporate tax rate cut impacts the economy -Udit Misra    </title>
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-The Indian Express

A cut in personal income tax or GST slabs would have spurred the economy more in the short term but the corporate tax cut is beneficial for the economy in the long term. 

Finance Minister Nirmala Sitharaman&rsquo;s announcement..."/>
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-The Indian Express

A cut in personal income tax or GST slabs would have spurred the economy more in the short term but the corporate tax cut is beneficial for the economy in the long term. 

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    <h1 class="cat-box-title">Explained: How the latest corporate tax rate cut impacts the economy -Udit Misra</h1>
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                            <div align="justify">-The Indian Express<br /><br /><em>A cut in personal income tax or GST slabs would have spurred the economy more in the short term but the corporate tax cut is beneficial for the economy in the long term. <br /></em><br />Finance Minister Nirmala Sitharaman&rsquo;s announcement to cut corporate tax rates on Friday morning was a welcome surprise for the Indian economy that has been struggling with growth deceleration.<br /><br />According to reports, the government has cut the corporate tax rate for domestic companies to 22 per cent (inclusive of all cesses and surcharges) for domestic companies from the existing 30 per cent. What&rsquo;s more, new domestic manufacturing companies, incorporated after October 1, will be asked to pay only as little as 15 per cent rate provided they start manufacturing by 2023 &ndash; that is, a year before the next general elections.<br /><br />The stock exchanges zoomed within minutes of the news because for most established companies the tax cut would immediately lead to a pro-rata increase in profits. Given that corporate profitability has been hit in the recent quarters, the movement on the exchanges signals hope of revival in corporate fortunes.<br /><br />Please <a href="https://indianexpress.com/article/explained/how-the-latest-corporate-tax-rate-cut-impacts-the-economy-6013505/?fbclid=IwAR0BxdZPRsGvqcCi0wQX6VnSGf2fDUneF8xH9vWI8wjjG41OGv4UgkteeDQ" title="https://indianexpress.com/article/explained/how-the-latest-corporate-tax-rate-cut-impacts-the-economy-6013505/?fbclid=IwAR0BxdZPRsGvqcCi0wQX6VnSGf2fDUneF8xH9vWI8wjjG41OGv4UgkteeDQ">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-The Indian Express<br /><br /><em>A cut in personal income tax or GST slabs would have spurred the economy more in the short term but the corporate tax cut is beneficial for the economy in the long term. <br /></em><br />Finance Minister Nirmala Sitharaman&rsquo;s announcement to cut corporate tax rates on Friday morning was a welcome surprise for the Indian economy that has been struggling with growth deceleration.<br /><br />According to reports, the government has cut the corporate tax rate for domestic companies to 22 per cent (inclusive of all cesses and surcharges) for domestic companies from the existing 30 per cent. What&rsquo;s more, new domestic manufacturing companies, incorporated after October 1, will be asked to pay only as little as 15 per cent rate provided they start manufacturing by 2023 &ndash; that is, a year before the next general elections.<br /><br />The stock exchanges zoomed within minutes of the news because for most established companies the tax cut would immediately lead to a pro-rata increase in profits. Given that corporate profitability has been hit in the recent quarters, the movement on the exchanges signals hope of revival in corporate fortunes.<br /><br />Please <a href="https://indianexpress.com/article/explained/how-the-latest-corporate-tax-rate-cut-impacts-the-economy-6013505/?fbclid=IwAR0BxdZPRsGvqcCi0wQX6VnSGf2fDUneF8xH9vWI8wjjG41OGv4UgkteeDQ" title="https://indianexpress.com/article/explained/how-the-latest-corporate-tax-rate-cut-impacts-the-economy-6013505/?fbclid=IwAR0BxdZPRsGvqcCi0wQX6VnSGf2fDUneF8xH9vWI8wjjG41OGv4UgkteeDQ">click here</a> to read more. <br /></div>                                                           
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-The Indian Express

A cut in personal income tax or GST slabs would have spurred the economy more in the short term but the corporate tax cut is beneficial for the economy in the long term. 

Finance Minister Nirmala Sitharaman&rsquo;s announcement..." />
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                            <div align="justify">-The Indian Express<br /><br /><em>A cut in personal income tax or GST slabs would have spurred the economy more in the short term but the corporate tax cut is beneficial for the economy in the long term. <br /></em><br />Finance Minister Nirmala Sitharaman&rsquo;s announcement to cut corporate tax rates on Friday morning was a welcome surprise for the Indian economy that has been struggling with growth deceleration.<br /><br />According to reports, the government has cut the corporate tax rate for domestic companies to 22 per cent (inclusive of all cesses and surcharges) for domestic companies from the existing 30 per cent. What&rsquo;s more, new domestic manufacturing companies, incorporated after October 1, will be asked to pay only as little as 15 per cent rate provided they start manufacturing by 2023 &ndash; that is, a year before the next general elections.<br /><br />The stock exchanges zoomed within minutes of the news because for most established companies the tax cut would immediately lead to a pro-rata increase in profits. Given that corporate profitability has been hit in the recent quarters, the movement on the exchanges signals hope of revival in corporate fortunes.<br /><br />Please <a href="https://indianexpress.com/article/explained/how-the-latest-corporate-tax-rate-cut-impacts-the-economy-6013505/?fbclid=IwAR0BxdZPRsGvqcCi0wQX6VnSGf2fDUneF8xH9vWI8wjjG41OGv4UgkteeDQ" title="https://indianexpress.com/article/explained/how-the-latest-corporate-tax-rate-cut-impacts-the-economy-6013505/?fbclid=IwAR0BxdZPRsGvqcCi0wQX6VnSGf2fDUneF8xH9vWI8wjjG41OGv4UgkteeDQ">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://indianexpress.com/article/explained/how-the-latest-corporate-tax-rate-cut-impacts-the-economy-6013505/?fbclid=IwAR0BxdZPRsGvqcCi0wQX6VnSGf2fDUneF8xH9vWI" class="re" target="_blank">The Indian Express, 20 September, 2019, https://indianexpress.com/article/explained/how-the-latest-corporate-tax-rate-cut-impacts-the-economy-6013505/?fbclid=IwAR0BxdZPRsGvqcCi0wQX6VnSGf2fDUneF8xH9vWI</a><div class="clear"></div>
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Explained: How the latest corporate tax rate cut impacts the economy -Udit Misra

Published on Sep 21, 2019   Modified on Sep 21, 2019

-The Indian Express A cut in personal income tax or GST slabs would have spurred the economy more in the short term but the corporate tax cut is beneficial for the economy in the long term. Finance Minister Nirmala Sitharaman’s announcement to cut corporate tax rates on Friday morning was a welcome surprise for the Indian economy that has been struggling with growth deceleration. According to reports, the government has cut the corporate tax rate for domestic companies to 22 per cent (inclusive of all cesses and surcharges) for domestic companies from the existing 30 per cent. What’s more, new domestic manufacturing companies, incorporated after October 1, will be asked to pay only as little as 15 per cent rate provided they start manufacturing by 2023 – that is, a year before the next general elections. The stock exchanges zoomed within minutes of the news because for most established companies the tax cut would immediately lead to a pro-rata increase in profits. Given that corporate profitability has been hit in the recent quarters, the movement on the exchanges signals hope of revival in corporate fortunes. Please click here to read more.

The Indian Express, 20 September, 2019, https://indianexpress.com/article/explained/how-the-latest-corporate-tax-rate-cut-impacts-the-economy-6013505/?fbclid=IwAR0BxdZPRsGvqcCi0wQX6VnSGf2fDUneF8xH9vWI

Tagged with: Corporate Tax Personal Income Tax Goods and Services Tax GST tax collection Economic Slowdown Economic deceleration Economic Downturn

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