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
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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')) {

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    <h1 class="cat-box-title">Modi govt gives Rs.1.45 lakh crore gift to corporates -Subodh Varma</h1>
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                            <div align="justify">-Newsclick.in<br /><br /><em>This bounty for corporate houses comes at a time when common people are reeling under a slowdown, joblessness is at record levels and incomes are stagnating.<br /></em><br />Continuing her series of press conferences, that are becoming like a treasure hunt for corporates, finance minister Nirmala Sitharaman announced today that corporate tax rates will be slashed from the current 30% (average) to 25.17% including all cess/surcharge. Actually, if no other concession is availed of, then the effective tax rate will be down to 22%. In addition to this massive concession, the finance minister also announced a slew of measures easing taxes on new companies, share buybacks, capital gains, etc.<br /><br />In all, these concessions add up to a staggering Rs.1.45 lakh crore, which Sitharaman described as a &ldquo;stimulus&rdquo; to the economy but which actually means that much loss of taxes.<br /><br />With this latest announcement, the second edition of Modi government has set a dubious record of giving freebies to corporates &ndash; in just 120 days it has announced 33% more concessions than the whole of last year. In the combined five and a half years of the Narendra Modi-led Bharatiya Janata Party (BJP) rule since 2014, Rs.5.76 lakh crore worth of corporate freebies have been announced.<br /><br />Please <a href="https://www.newsclick.in/Corporate-Tax-Concession-Modi-Government-Joblessness-Economic-Slowdown?fbclid=IwAR3wjZijUD39gkad0VvgGwN6l48rBxQlfHvq2U5GF8V9ZIjs0isSnfDk3Cg" title="https://www.newsclick.in/Corporate-Tax-Concession-Modi-Government-Joblessness-Economic-Slowdown?fbclid=IwAR3wjZijUD39gkad0VvgGwN6l48rBxQlfHvq2U5GF8V9ZIjs0isSnfDk3Cg">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-Newsclick.in<br /><br /><em>This bounty for corporate houses comes at a time when common people are reeling under a slowdown, joblessness is at record levels and incomes are stagnating.<br /></em><br />Continuing her series of press conferences, that are becoming like a treasure hunt for corporates, finance minister Nirmala Sitharaman announced today that corporate tax rates will be slashed from the current 30% (average) to 25.17% including all cess/surcharge. Actually, if no other concession is availed of, then the effective tax rate will be down to 22%. In addition to this massive concession, the finance minister also announced a slew of measures easing taxes on new companies, share buybacks, capital gains, etc.<br /><br />In all, these concessions add up to a staggering Rs.1.45 lakh crore, which Sitharaman described as a &ldquo;stimulus&rdquo; to the economy but which actually means that much loss of taxes.<br /><br />With this latest announcement, the second edition of Modi government has set a dubious record of giving freebies to corporates &ndash; in just 120 days it has announced 33% more concessions than the whole of last year. In the combined five and a half years of the Narendra Modi-led Bharatiya Janata Party (BJP) rule since 2014, Rs.5.76 lakh crore worth of corporate freebies have been announced.<br /><br />Please <a href="https://www.newsclick.in/Corporate-Tax-Concession-Modi-Government-Joblessness-Economic-Slowdown?fbclid=IwAR3wjZijUD39gkad0VvgGwN6l48rBxQlfHvq2U5GF8V9ZIjs0isSnfDk3Cg" title="https://www.newsclick.in/Corporate-Tax-Concession-Modi-Government-Joblessness-Economic-Slowdown?fbclid=IwAR3wjZijUD39gkad0VvgGwN6l48rBxQlfHvq2U5GF8V9ZIjs0isSnfDk3Cg">click here</a> to read more. <br /></div>                                                           
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This bounty for corporate houses comes at a time when common people are reeling under a slowdown, joblessness is at record levels and incomes are stagnating.

Continuing her series of press conferences, that are becoming like a treasure hunt for corporates,..." />
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    <h1 class="cat-box-title">Modi govt gives Rs.1.45 lakh crore gift to corporates -Subodh Varma</h1>
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                            <div align="justify">-Newsclick.in<br /><br /><em>This bounty for corporate houses comes at a time when common people are reeling under a slowdown, joblessness is at record levels and incomes are stagnating.<br /></em><br />Continuing her series of press conferences, that are becoming like a treasure hunt for corporates, finance minister Nirmala Sitharaman announced today that corporate tax rates will be slashed from the current 30% (average) to 25.17% including all cess/surcharge. Actually, if no other concession is availed of, then the effective tax rate will be down to 22%. In addition to this massive concession, the finance minister also announced a slew of measures easing taxes on new companies, share buybacks, capital gains, etc.<br /><br />In all, these concessions add up to a staggering Rs.1.45 lakh crore, which Sitharaman described as a &ldquo;stimulus&rdquo; to the economy but which actually means that much loss of taxes.<br /><br />With this latest announcement, the second edition of Modi government has set a dubious record of giving freebies to corporates &ndash; in just 120 days it has announced 33% more concessions than the whole of last year. In the combined five and a half years of the Narendra Modi-led Bharatiya Janata Party (BJP) rule since 2014, Rs.5.76 lakh crore worth of corporate freebies have been announced.<br /><br />Please <a href="https://www.newsclick.in/Corporate-Tax-Concession-Modi-Government-Joblessness-Economic-Slowdown?fbclid=IwAR3wjZijUD39gkad0VvgGwN6l48rBxQlfHvq2U5GF8V9ZIjs0isSnfDk3Cg" title="https://www.newsclick.in/Corporate-Tax-Concession-Modi-Government-Joblessness-Economic-Slowdown?fbclid=IwAR3wjZijUD39gkad0VvgGwN6l48rBxQlfHvq2U5GF8V9ZIjs0isSnfDk3Cg">click here</a> to read more. <br /></div>                                                           
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Home हिन्दी

Modi govt gives Rs.1.45 lakh crore gift to corporates -Subodh Varma

Published on Sep 22, 2019   Modified on Sep 22, 2019

-Newsclick.in This bounty for corporate houses comes at a time when common people are reeling under a slowdown, joblessness is at record levels and incomes are stagnating. Continuing her series of press conferences, that are becoming like a treasure hunt for corporates, finance minister Nirmala Sitharaman announced today that corporate tax rates will be slashed from the current 30% (average) to 25.17% including all cess/surcharge. Actually, if no other concession is availed of, then the effective tax rate will be down to 22%. In addition to this massive concession, the finance minister also announced a slew of measures easing taxes on new companies, share buybacks, capital gains, etc. In all, these concessions add up to a staggering Rs.1.45 lakh crore, which Sitharaman described as a “stimulus” to the economy but which actually means that much loss of taxes. With this latest announcement, the second edition of Modi government has set a dubious record of giving freebies to corporates – in just 120 days it has announced 33% more concessions than the whole of last year. In the combined five and a half years of the Narendra Modi-led Bharatiya Janata Party (BJP) rule since 2014, Rs.5.76 lakh crore worth of corporate freebies have been announced. Please click here to read more.

Newsclick.in, 20 September, 2019, https://www.newsclick.in/Corporate-Tax-Concession-Modi-Government-Joblessness-Economic-Slowdown?fbclid=IwAR3wjZijUD39gkad0VvgGwN6l48rBxQlfHvq2U5GF8V9ZIjs0isSnfDk3Cg

Tagged with: Non-Performing Assets Corporate Tax Economic Slowdown Economic Downturn Economic deceleration NPAs

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