pirelli-ceo-sees-strong-future-with-chemchina

Pirelli CEO sees strong future with ChemChina

Italian tyre maker Pirelli has had no contacts over a possible counterbid that would trump a buyout offer by China National Chemical Corp, its chairman and chief executive Marco Tronchetti Provera said in an interview on 26 March. Mar 27, 2015
union-budget-2015-16-corporate-tax-reduced-from-30-to-25-for-4-years-says-fm

Union Budget 2015-16: Corporate Tax reduced from 30% to 25% for 4 years, says FM

New Delhi, Feb 28 (ANI): Union Finance Minister Arun Jaitley presented the General Budget for 2015-16 in Lok Sabha on Saturday. Aiming to up employment generation, Jaitley proposed the reduction of basic rate of corporate tax to 25% from current 30% over the next four years, accompanied by fewer exemptions. He further proposed to enact a comprehensive new law on black money to bring back black money stashed abroad. The budget estimates of expenditure announced by the government was 77 lakh crore, of which Non Plan was 13.12 lakh crores, and Plan was 4.65 lakh crores. PAN number quoting was made compulsory in the Union Budget for transactions for more than one lakh. Feb 28, 2015