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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 ...
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Typo in tax bill? Bill says lower MAT not this yearHowever, while the Ordinance said that the lower MAT will be effective immediately, the Bill said the reduced MAT will come into effect fro...
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.
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.
- '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...
- 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.
- Corporates to welcome 30% cap on tax but increase in MAT rate a dampener
While corporate stakeholders would have welcomed the trade-off between increased tax rates and abolishing of MAT on gross assets, but the c...
- Corporates to welcome 30% cap on tax but increase in MAT rate a dampener
While corporate stakeholders would have welcomed the trade-off between increased tax rates and abolishing of MAT on gross assets, but the c...
- 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...
- 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.
- 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...
- Budget unlikely to reduce MAT: Experts
The forthcoming Budget is unlikely to reduce the minimum alternate tax (MAT), which is the minimum tax that companies pay on book profit, a...
- 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...