SENSEX NIFTY

Minimum Alternate Tax

May 22, 2015 at 12:00 | Source: Moneycontrol.com
FM said minimum alternate tax (MAT) issue will be resolved through judicial process and the government will take all efforts to meet the April 1, 2016 deadline for GST. He added that 'simplification of tax policies is our objective.'
May 20, 2015 at 21:11 | Source: CNBC-TV18
A high-level committee headed by Justice AP Shah to resolve several tax tussles will have three members in it and will start by evaluating the minimum alternate tax (MAT) row, the government today said.
May 19, 2015 at 11:46 | Source: Reuters
The Finance Ministry could have sidestepped a damaging multibillion-dollar tax row with foreign investors if it had acted on regular warning letters that officials had been sending since as long ago as September.
May 18, 2015 at 20:34 | Source: PTI
The simplified form is likely to exclude disclosure of company sponsored foreign trips and dormant domestic bank accounts as also those which do not have a minimum specified balance.
May 11, 2015 at 20:37 | Source: Moneycontrol.com
In an interaction with CNBC-TV18's Rituparna Bhuyan, minister of state for finance Jayant Sinha spoke about the government's decision to constitute the Justice AP Shah panel to untangle the minimum alternate tax (MAT) issue, as well as developments such as the passage of the Black Money Bill in Lok Sabha today.
May 10, 2015 at 13:57 | Source: PTI
During January to April, investments by Foreign Portfolio Investors (FPIs) totalled Rs 94,241 crore, but a month-on-month analysis shows the fund flows are witnessing a declining trend.
May 07, 2015 at 21:37 | Source: CNBC-TV18
Following a decision of the Authority of Advance Ruling (AAR), Income Tax department slapped 68 notices on foreign portfolio investors saying they have to pay 20 percent MAT totalling Rs 602.83 crore on untaxed capital gains made by them over the past three years.
May 03, 2015 at 15:41 | Source: PTI
Five foreign portfolio investors (FPIs) from the US and the UK today moved the Bombay High Court challenging the Income Tax department's demand for Minimum Alternate Tax (MAT) on the profit earned from trading in stocks and bonds.
May 02, 2015 at 11:33 | Source: PTI
Tax issues, disappointing fourth quarter earnings and forecast of weak monsoon were spoilsports for the stock market last month, leading to heavy sell offs and making investors poorer by Rs 1.78 lakh crore.
Apr 30, 2015 at 22:06 | Source: PTI
REITs and Infrastructure Investment Trusts (InVITs) are aimed at attracting funds in a transparent manner into the real estate and infrastructure sectors.
Messages on Minimum Alternate Tax »

R Jagannathan

Platinum Member

1259 Followers

Budget  

of concessions for the corporate sector from this year - hopefully bringing in around Rs 50,000 crore in additional taxes. Simultaneously, I propose to reduce the minimum alternate tax rate by 1 percent - since the purpose of MAT is to ensure a certain minimum tax payment. We will monitor the performance

11.22 AM Jul 8th 2014

Web Messenger

Platinum Member

287293 Followers

Budget  

Source:Economic Times - MUMBAI: Consultancy firm PwC has called for removal of minimum alternate tax (MAT) in the coming budget as a sop for the IT industry.

2.39 PM Jul 4th 2014

ushakrani

Gold Member

161 Followers

Reliance Power  

in minimum alternate tax, reduction in cost of borrowings, increase in banks` sectoral limits from 15% to 25%, incentives for PPP models to restore the health of distribution and review of exemption from customs duty for imported goods to protect domestic manufacturers. Further, the industry players

3.44 PM Jun 27th 2014

Web Messenger

Platinum Member

287293 Followers

News Now  

Source:Economic Times - NEW DELHI: Export promotion body for special economic zones has asked the finance minister to roll back the minimum alternate tax (MAT) on SEZs saying that the move will boost overseas shipments as well as domestic manufacturing. In its pre-Budget consultations with finance

2.14 PM Jun 10th 2014

Vinukhush

Silver Member

3 Followers

Tech Mahindra  

Export promotion body for special economic zones has asked the Finance Minister to roll back the minimum alternate tax (MAT) on SEZs saying that the move will boost overseas shipments as well as domestic manufacturing. This if implemented will help TechM as its Pune office is in SEZ....

6.43 PM Jun 9th 2014

nishith105

Platinum Member

57 Followers

Allied Digital  

holding in Digicomp Complete Solutions Limited for Rs. 2,736.76 lacs . * As the Tax Liability of the Company is under the Minimum Alternate Tax , Prov for Deffered Tax has not been ascertained for the period under consideration. SOURCE :

10.54 PM Nov 14th 2013

lottopuma

Silver Member

1 Followers

UCO Bank  

State-run lender UCO Bank reported strong numbers with the first quarter net profit growing 41 percent rise year-on-year to Rs 511 crore, bolstered by MAT refund. The bank recognised minimum alternative tax (MAT) credit to the extent of Rs 147.4 crore for the quarter gone by. Adjusting

3.52 PM Jul 20th 2013

ragrawalrk

New Member

0 Follower

NHPC  

As per note 5(b) of your Statement of audited financial results for the year ended 31st March, 2013 - "For the purpose of recognizing sales for the current year, return of equity has been grossed up using Minimum Alternate Tax rate of F.Y. 2012-13", while till last year you have grossed up

11.45 AM May 29th 2013

ragrawalrk

New Member

0 Follower

NHPC  

As per note 5(b) of your Statement of audited financial results for the year ended 31st March, 2013 - "For the purpose of recognizing sales for the current year, return of equity has been grossed up using Minimum Alternate Tax rate of F.Y. 2012-13", while till last year you have grossed up

11.42 AM May 29th 2013

bhavesh jain

Platinum Member

53 Followers

Commodities  

/ Warehouse/ Factory? Ans. : Yes Tax : PAY MUNICIPAL & FIRE TAX! 7) Do you have Staff? Ans. : Yes Tax : PAY STAFF PROFESSIONAL TAX! 8) Doing business in Millions? Ans. : Yes Tax : PAY TURNOVER TAX! Ans : No Tax : Then pay Minimum Alternate Tax 9) r u taking out over 25,000 Cash from Bank? Ans

10.00 AM Mar 4th 2013

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.