Minimum Alternative Tax

Minimum Alternative Tax News

FIIs taking exit route derailed govt’s disinvestment plan by 2 months

During May-August, FIIs sold Indian debt and equity holdings worth Rs 27,000 cr. Centre has set a target of Rs 69,500 cr to be raised via strategic sales this year.

‘New SEZ norms likely in a month’

The Central government is likely to revise the Special Economic Zone (SEZ) policy within a month.

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Govt likely to retain existing MAT,EET regimes in tax code

Faced with stiff opposition from the industry and other stakeholders about the two most contentious issues in the proposed Direct Tax Code....

Asset-backed MAT unlikely to take effect

The government is likely to roll back the asset-based calculation of Minimum Alternative Tax as proposed in the Direct Taxes...

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