AP Shah panel recommends MAT relief to FIIs prior to April 1, 2015If the recommendations are accepted, it would mean a relief for foreign investors facing several years of levies on capital gains.
22 Aug, 2015, 03.04 PM IST
- Government panel sees no case in imposing MAT on FIIs
In a big relief to FIIs, a government-appointed committee has recommended that there was no case for imposing the controversial minimum alt...
21 Aug, 2015, 04.48 PM IST
CBDT to expeditiously process MAT exemption claims of FIIsGovernment said the tax department will expeditiously process the cases where FIIs have claimed exemption from minimum alternate tax (MAT) ...
31 Jul, 2015, 07.20 PM IST
MAT on FIIs: AP Shah panel submits report to Arun JaitleyAsked about the recommendations and if the foreign investor community can expect some relief, Shah said: “It is not about giving any relief.
25 Jul, 2015, 03.10 AM IST
Government to take action on Shah Panel report on MAT soon: FinMinThe high-level Shah Committee today submitted to Finance Minister Arun Jaitley a 66-page report, the content of which has not been disclose...
24 Jul, 2015, 09.32 PM IST
Shah panel on MAT may submit report next week: Arun JaitleyThe committee has held series of consultations with the tax department, various industry chambers, besides institute of chartered accountan...
16 Jul, 2015, 02.23 PM IST
Justice A P Shah panel holds meeting with tax department on MAT issueIn 2012, the AAR directed Castleton to pay MAT in India on their book profits when it transferred shares from a Mauritius entity to a Singa...
07 Jul, 2015, 05.17 PM IST
A P Shah panel begins stakeholder deliberation on MAT levy on FIIsIn its representation, Assocham said the government should issue a clarification that Minimum Alternate Tax provisions were never intended ...
30 Jun, 2015, 07.36 PM IST
No coercion by taxmen to recover MAT dues, says CBDTCBDT today said taxmen won't resort to coercive methods to recover dues towards Minimum Alternate Tax (MAT) on capital gains made by FIIs.
16 Jun, 2015, 05.08 PM IST
Shah Committee on MAT invites suggestions from stakeholdersThe Income Tax Department had sent notices to 68 foreign institutional investors (FIIs) demanding Rs 602.83 crore as MAT dues of previous y...
26 May, 2015, 08.52 PM IST
Justice Shah Committee on MAT dues on FIIs holds first meetingJustice Shah committee on levy of MAT on FIIs met for the first time as it looked to expeditiously give its recommendations to resolve the ...
25 May, 2015, 06.00 PM IST
Inflation will not be a significant challenge: Finance Minister Arun JaitleyJaitley said this in response to a question on the possibility of below normal monsoon impacting food production and prices in the months a...
20 May, 2015, 11.17 PM IST
High level panel on tax issues to have independent members: FM Arun JaitleyJaitley said high level panel looking into the issue of MAT demand raised on foreign investors will consist of independent people so as to ...
13 May, 2015, 11.13 PM IST
FIIs seek MAT clarity on non-treaty nationsFIIs have raised fresh doubts over implications of minimum alternate tax even as the govt takes measures to allay their fears on these cont...
28 Apr, 2015, 12.10 PM IST
Soothing frayed nerves: Settle MAT relief claims in a month, says CBDT to taxmenThe move is expected to further soothe the frayed nerves of FIIs rattled by tax notices seeking the levy of MAT on capital gains made in pa...
25 Apr, 2015, 11.07 AM IST
Government will not relent on Rs 40,000 cr tax demand on FIIs: Finance MinistryThe revenue department had sent notices to Foreign Institutional Investors (FIIs) demanding 20 per cent MAT on capital gains earned by them...
21 Apr, 2015, 10.44 PM IST
100 foreign funds get tax demands; total bill may hit $10-bnNearly 100 foreign funds have been asked to cough up an estimated $5-6 bn for 'untaxed gains' made by them in the Indian markets over the p...
05 Apr, 2015, 01.41 PM IST