MAT News

Police Patil: MAT pulls up two SDOs for ‘illegal’ appointments

The advertisement inviting applications for the post stated that candidates belonging to Other Backward Classes (OBC) Non-Creamy Layer should submit relevant certificate on December 20, 2017, which was the deadline.

MAT 2018: Registration deadline extended, check updates

MAT 2018: The last date to apply for PBT is Tuesday – December 4, 2018 and CBT is December 10, 2018


Start-ups may get MAT exemptions, IPR earning waivers

In August, PM Narendra Modi in his Independence Day speech had given a call for “Start-up India, Stand up India” to encourage innovation and increase employment for the youth.

A Regime Of Fear

To reform tax policy, government must think about it more clearly.

Govt to Supreme Court: FIIs without permanent India biz to be exempted from MAT

Attorney General told a bench that the govt would abide by its Sept 2 circular, which accepted recommendations of the AP Shah-led committee on MAT

Tax Relief : Govt lays down retro MAT rules for foreign companies

Firms without permanent establishments in the country to be exempted.


CBDT asks officials not to pursue pending MAT cases

CBDT today issued a circular asking its fields officers to keep in abeyance pending assessments and not to recover any outstanding demand.

MAT call fails to cheer up Sensex

While the benchmark Sensex at Bombay Stock Exchange fell 242 points or 0.9 per cent on Wednesday to close at a new one-year low of 25,453, the broader Nifty at the National Stock Exchange fell 68 points or 0.9 per cent to close the day at 7,717.

Better late

Backpedalling on MAT must be followed by moves towards making the tax regime clearer and more predictable

As markets plunge, Govt gives relief on tax that worried foreign investors

Tax experts have hailed this decision, calling it a bold step considering that it could prune government revenues at a time when the finance ministry is trying to trim the fiscal deficit.