Budget 2026: Why specified entities should get tax holidays under MAT in new tax regimeCompanies eligible for a tax holiday should be allowed to carry forward the MAT taxes for set off against the normal provisions of tax
Finance Bill 2026 rewrites MAT rules, nudges firms to concessional tax regimeIndia's minimum alternate tax rules are changing significantly from April 1, 2026. The MAT rate will drop to 14%. New MAT credits will not ...
Emami Q4 Results: Consolidated net profit at Rs 354cr on hefty MAT creditThe company said owing to the recognition of the MAT credit entitlement of the earlier years, tax liability was lower and net profit higher...
Oil PSUs may not adopt lower taxes to avoid credit lossIndian Oil Corporation has a MAT credit of ₹2,700 crore and GAIL about ₹2,000 crore.
Companies strategise to avail MAT credit, benefit from lower corporate taxSome of the largest cos that have thousands of crores lying on their balance sheets in the form of unused MAT credit are looking to go for ...
MAT credit not available to companies opting for lower corporate tax rateFirms that opt for the new tax rate will lose out on the Minimum Alternate Tax credit lying on their books.
MAT treatment splits India Inc after tax cutsWhile some cos want to claim credits after moving to lower tax bracket, others want time to write them off.
Infra companies, SEZ units unclear on use of MAT creditsWhile the ordinance enacting the lower tax does not ban companies from availing MAT credit, there is no clarity on how MAT credit will be a...
Startups hail corporate tax cuts but say MAT still a concernWhile the industry expected exemption from MAT, it has accepted the provision to allow MAT credit to be carried forward from 10 to 15 years.
Government may rationalise MAT in Budget 2017MAT provisions, as they largely stand now, draw their genesis from the Finance Act, 2000, which introduced tax at 7.5% of book profits.
Budget 2015: CII seeks cut in Minimum Alternate Tax to 10%CII today sought a reduction in Minimum Alternate Tax (MAT) on special economic zones at 10 per cent in the upcoming Budget to boost invest...
Shree Cement: Huge cash flows, low production cost set to boost investor returnsDepreciation at Rs 127 crore exceeded expectations as the company wrote off higher amounts on existing and new plants.
- Slowing western economy may impact container traffic for Mundra Port and Special Economic Zone
Slowing western economies may impact the growth rate of container volumes in the coming quarter, hence pulling down the performance.
- Firms trying to sweep tax under the carpet put on the MAT
Except for an increase in the MAT rate and a reduction in corporate surcharge, the finance minister eschewed making any major change in cor...
- SC issues notice to Nestle on I-T plea
The Supreme Court on Tuesday issued a notice to Nestle India on the plea of the Income Tax department seeking adjudication on the issue of ...
- Union Budget 2009-10: Corporate India's tax liabilities go up as MAT raised to 15%
FM has proposed a five percentage point hike in the minimum alternate tax (MAT) paid on book profits, taking the effective MAT rate to arou...
MAT may make an exitNEW DELHI: THE finance ministry may remove the much-hated Minimum Alternate Tax on corporates but only if it is able to sufficiently reduce...