- Budget 2011: It's largely positive for FMCG companies, says Religare Capital Markets
ITC emerged unscathed with the absence of excise hikes on cigarettes/tobacco, and remains our top pick in the large cap space.
01 Mar, 2011, 05.06 PM IST
Union Budget 2011: 'Positive' with Budget’s intention of reducing deficits, says Apruva Shah, Prabhudas LilladherWe are also ‘Hopeful’ about the government’s ambitious legislative roadmap for the session and the year.
28 Feb, 2011, 05.02 PM IST
- Infosys falls nearly 2 per cent on BSE
Infy today tanked nearly 2%, after government approved hiking the minimum alternative tax.
27 Aug, 2010, 06.27 PM IST
- Infosys sheds nearly 3 pc after govt move to hike MAT
IT bellwether Infosys Technologies plunged a day after the government approved hiking the minimum alternative tax.
27 Aug, 2010, 01.01 PM IST
- 'Indian taxation to attain global standards'
The decision to hike Minimum Alternate Tax rate to 20% from 18% now is being seen as a retrograde step from the taxation system point of vi...
27 Aug, 2010, 11.14 AM IST
- Experts put government on MAT for hiking rate
The decision to hike Minimum Alternate Tax (MAT) rate to 20% from 18% now is being seen as a retrograde step by tax experts.
27 Aug, 2010, 11.10 AM IST
- MAT hike in new code could hurt IT, pharma companies
Pharma and software companies, which pay MAT, could witness some selling pressure whereas the broader market is unlikely to react in any ma...
27 Aug, 2010, 11.09 AM IST
- FICCI decries MAT rate hike, calls for 26 pc peak rate
Apex industry chamber FICCI decried a 3 per cent hike in the Minimum Alternate Tax in Budget 2011, saying it over weighed the concessions i...
07 Mar, 2010, 03.46 PM IST
- IT cos' profits likely to take a hit in short term
Most IT companies are likely to see an erosion in their net profitability due to a higher minimum alternate tax rate (MAT).
03 Mar, 2010, 12.36 AM IST
- FMCG cos to hike prices
Partial rollback of excise stimulus and higher fuel and packaging costs are likely to force consumer products companies not only to raise t...
01 Mar, 2010, 12.38 AM IST
- Union Budget 2010: MAT rate hike won't matter much: Cos
Companies would feel the heat, but a cut in surcharge would limit the hit.
27 Feb, 2010, 02.17 PM IST
- 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...
27 Feb, 2010, 02.24 AM IST
- MAT hike will be negative for IT: Madhusudan Kela
MAT hike will be particularly more negative for sectors like IT and may be infrastructure which will come under the purview by and large.
26 Feb, 2010, 07.29 PM IST
- Union Budget 2010: Drugmakers to benefit from budgetary measures
Indian drugmakers and research establishments will benefit from the increase in weighted deduction on in-house research and development (R&...
26 Feb, 2010, 04.21 PM IST
- 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...
07 Jul, 2009, 04.39 AM IST
- Rubberised Coir, mats to cost more
Kerala Rubber and Moulded Mat Manufacturers Association has decided to raise the price of their products by 10 per cent from June due to in...
22 Apr, 2008, 10.43 PM IST
- MAT norms may be tweaked
The government looks at expanding the scope of the tax currently applicable on certain zero-tax companies.
20 Feb, 2007, 12.30 AM IST