BSE Sensex surged over 1,500 points on Friday after the government slashed corporate tax for domestic companies and new domestic manufacturing companies among other measures.
The Nifty50 on the National Stock Exchange also crossed the 11,000 mark.
An official press note on Friday said: “In order to promote growth and investment, a new provision has been inserted in the Income Tax Act with effect from FY 2019-20 which allows any domestic company an option to pay income tax at the rate of 22 per cent subject to condition that they will not avail any exemption or incentive.”
The effective tax rate for these companies shall be 25.17 per cent inclusive of surcharge and cess. Also, such companies would not be required to pay Minimum Alternate Tax.
Further, the government added a new provision in the Income Tax Act with effect from 2019-20 which allows any new domestic company incorporated on or after October 1, 2019 making fresh investment in manufacturing, an option to pay income tax at the rate of 15 per cent.
At 11.36 a.m., the Sensex was at 37,639.69, higher by 1,546.22 points or 4.28 per cent from the previous close of 36,093.47 points.
It has so far touched an intra-day high of 37,773.61 and a low of 36,085.74 points.
The NSE Nifty50 was trading at 11,066.10, higher by 361.30 points or 3.38 per cent from the previous close.-IANS news
cheapest clomid pills can i order clomiphene without rx how can i get clomiphene without dr prescription can i buy generic clomid can you buy generic clomid for sale where can i buy generic clomiphene no prescription buy generic clomid no prescription
This is a theme which is in to my fundamentals… Many thanks! Quite where can I lay one’s hands on the phone details due to the fact that questions?
This website absolutely has all of the tidings and facts I needed to this subject and didn’t positive who to ask.
order azithromycin 500mg online – oral flagyl 400mg metronidazole 400mg tablet
rybelsus order online – semaglutide buy online purchase periactin
how to buy domperidone – motilium tablet flexeril order online
oral inderal 20mg – cost plavix buy methotrexate 2.5mg online cheap
amoxil drug – purchase amoxil generic combivent 100mcg price
augmentin where to buy – at bio info ampicillin uk
purchase nexium pill – anexamate buy nexium 40mg pill
medex pills – https://coumamide.com/ order cozaar sale
mobic drug – https://moboxsin.com/ mobic price
buy cheap prednisone – corticosteroid order deltasone 5mg sale
where to buy ed pills online – erection pills buy ed pills medication
buy generic amoxicillin – order generic amoxil how to get amoxicillin without a prescription
purchase forcan for sale – this order forcan pills
buy cheap tadalafil online – https://ciltadgn.com/ cialis covered by insurance
ranitidine order online – https://aranitidine.com/# purchase ranitidine without prescription
e20 pill cialis – cialis blood pressure mail order cialis
This website positively has all of the low-down and facts I needed adjacent to this case and didn’t comprehend who to ask. este sitio
Thanks on putting this up. It’s okay done. https://ursxdol.com/doxycycline-antibiotic/
This is the big-hearted of writing I in fact appreciate. azithromycin order online
This is the big-hearted of scribble literary works I truly appreciate. https://prohnrg.com/
This is a keynote which is near to my verve… Many thanks! Quite where can I upon the connection details for questions? https://aranitidine.com/fr/viagra-professional-100-mg/
More posts like this would make the online space more useful. https://ondactone.com/product/domperidone/
Facts blog you be undergoing here.. It’s intricate to espy high quality script like yours these days. I justifiably appreciate individuals like you! Go through guardianship!!
https://doxycyclinege.com/pro/levofloxacin/
I’ll certainly carry back to skim more. http://mi.minfish.com/home.php?mod=space&uid=1411822
dapagliflozin uk – https://janozin.com/# dapagliflozin cheap
brand xenical – https://asacostat.com/ orlistat cost
Greetings! Very serviceable suggestion within this article! It’s the scarcely changes which wish espy the largest changes. Thanks a a quantity in the direction of sharing! http://zqykj.com/bbs/home.php?mod=space&uid=303371
You can keep yourself and your ancestors by being alert when buying pharmaceutical online. Some pharmaceutics websites operate legally and offer convenience, secretiveness, cost savings and safeguards as a replacement for purchasing medicines. buy in TerbinaPharmacy https://terbinafines.com/product/coumadin.html coumadin
You can protect yourself and your ancestors close being wary when buying pharmaceutical online. Some pharmaceutics websites manipulate legally and sell convenience, reclusion, rate savings and safeguards to purchasing medicines. buy in TerbinaPharmacy https://terbinafines.com/product/amoxil.html amoxil
You can keep yourself and your dearest nearby being alert when buying panacea online. Some pharmacopoeia websites manipulate legally and sell convenience, secretiveness, rate savings and safeguards over the extent of purchasing medicines. http://playbigbassrm.com/es/
I’ll certainly bring to review more.
betonline odds
live blackjack online casino
top online casinos real money
mgm bets promo online casino betmgm play betmgm app
mcluck Delaware mcluckcasinogm mcluck Ohio
Song of the most trendy sweepstakes sites, wow vegas casino provides moving slit remedy and a VIP program for trusted players. You can jump in with liberated coins and derive pleasure the predictability to pay off winnings legally via its moored sweepstakes model.
Harness the excitement of craps and sic bo in one place. In crowncoinscasino, multi-language games cater to everyone. Roll the dice and claim victory!
Sweet Bonanza turns every spin into a delicious thrill ride. Collect sweet bonanza slot matching treats anywhere for payouts, then unleash the free spins round. Sweet rewards await!
Feel the thunder of the plains in every spin of this legendary game. play buffalo slot unleashes golden buffalo bonuses, endless free spins, and massive payouts for non-stop excitement. Start your stampede to fortune today!
macumba gives you the best of both worlds: free play + real cash prizes. Claim your welcome Sweeps Coins now and start winning big. Fun starts here!
Step into DraftKings online gambling Casino for unbeatable offers. New players: $5 play unlocks 500 spins on hot games + up to $1K lossback protection. Play real money, chase real wins!
Opravdovalekarna.cz – kde se kvalita nepotkava s vysokou cenou
https://opravdovalekarna.cz