'Main wapas aaugi is mat pe': Vinesh Phogat vows comeback after loss in Asian Games 2026 qualification matchVinesh Phogat will return to wrestling after missing the Asian Games 2026. She lost a close semi-final bout in the selection trials. Phogat...
Twisha Sharma case: Former Miss Pune was allegedly forced to abort, sent final Instagram message saying “I am trapped, bro”, chilling details in post-mortem reportTwisha Sharma death case: A 33-year-old woman was found dead at her marital home in Bhopal, with police booking her mother-in-law and husba...
Who is Twisha Sharma? Ex-Miss Pune and former judge’s daughter-in-law found dead in Bhopal amid dowry harassment allegationsBhopal police are investigating the death of Twisha Sharma, a former Miss Pune contestant. She was found hanging at her marital home. Her f...
ORS sales melt in March after govt's stricter labelling normsIndia’s oral rehydration solution (ORS) market has declined after regulatory action restricted the labelling of sugary drinks as ORS, affec...
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 ...
Authority for Advance Rulings has to more consistent with rulings, says Justice A P ShahAAR has to be more consistent in rulings as these are some sort of guiding factors for investors, Justice A P Shah said.
CBDT to soon issue instructions on MAT issueFinance Ministry is also likely to come out with requisite amendments to the Income Tax Act in the next Budget in February to clarify that ...
- 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...
London based Investment Association, ASIFMA seeks to be party in Castleton case over MATThe income-tax department issued notices to FPIs asking them to pay MAT for prior years, prompting worries about an arbitrary tax regime.
Government, Castleton Investments agree to expedite Supreme Court hearings on tax rowAttorney-General Mukul Rohatgi has agreed to a plea from senior lawyer Harish Salve, representing Castelton.
Clarity on MAT issue likely in Finance BillThe double taxation avoidance treaties with various countries will be studied separately while exempting the FIIs from paying MAT, sources ...
Government considering clarificatory amendments to MAT rules: Jayant SinhaThe Revenue Department has already sent notices to FIIs, demanding 20 per cent MAT on capital gains made by them till March 31, 2015.
Tackling the MAT menace head-onMAT (minimum alternate tax) provisions were introduced in India around 17 years ago. Section 115JB of the Income Tax Act levies an alternat...
Exporters’ body seeks roll back of minimum alternate tax on SEZs'MAT on SEZs should be exempted. If not feasible at least reduce it to 7.5%... exemption may be provided from Dividend Distribution Tax to ...
Minimum Alternate Tax is applicable to foreign companies even if income is not chargeableAAR has held that the MAT provisions in the Income-tax Act are applicable to foreign cos even if their income is not chargeable to tax in I...
- ‘No MAT for companies without local base’
Minimum alternate tax (MAT) - a levy typically aimed at collecting tax from companies enjoying exemptions - is not payable by foreign compa...
- Gujarat's chemical units dread draft hazardous waste rule
Almost 2,500 chemical units may be in deep trouble after the govt had proposed to widen the scope of law governing the hazardous substance ...