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Minimum Alternate Tax

Mar 06, 2014 at 17:22 | Source: Moneycontrol.com
The revised tariff norms are likely to have a smaller impact on NHPC and Power Grid because both the companies currently apply the minimum alternate tax, which is closer to their effective tax rate.
Jan 31, 2014 at 10:56 | Source: CNBC-TV18
BJP leader and former finance minister Yashwant Sinha supported the steps taken by the Reserve Bank of India to curb inflation. He said the RBI was forced to hike rates as the government had abandoned its responsibility of controlling inflation.
Jan 11, 2014 at 13:20 | Source: Moneycontrol.com
IDFC MF announces change in minimum investment amount, with effect from January 13, 2014
Oct 29, 2013 at 21:52 | Source: PTI
Among other things, the bill proposes to levy a 10 per cent tax on dividend income exceeding Rs 1 crore. The minimum alternate tax may be levied on book profit and not on gross assets, sources said.
Oct 25, 2013 at 15:26 | Source: Moneycontrol.com
Other income increased 2.3 times on yearly basis to Rs 74 crore, and tax rate declined to 2.9 percent during September quarter compared to a year ago quarter of 16.6 percent due to minimum alternate tax credit. Finance cost declined to 43 percent Y-o-Y to Rs 31.2 crore in the quarter gone by.
Oct 23, 2013 at 21:42 | Source: PTI
At present different states have different tax structure. States having higher taxes lose out on revenue when people purchase vehicles from states that have lesser levies.
Sep 27, 2013 at 18:41 | Source: CNBC-TV18
The standing committee on finance wants minimum capital to be doubled to Rs 1000 Cr; terms existing fit & proper criteria as subjective.
Aug 14, 2013 at 15:31 | Source: Moneycontrol.com
Steel Authority of India (SAIL) has reported 35 percent year-on-year decline in its June quarter profit to Rs 451 crore.
Aug 02, 2013 at 22:39 | Source: CNBC-TV18
Market regulator SEBI has revived the process of introducing REITs. IT effectively provides an alternate investment vehicle to a private investor. Ramesh Sankahead of DLF talked to CNBC-TV18 about rental business for commercial and retail real estate.
Jun 26, 2013 at 19:38 | Source: CNBC-TV18
The Finance Ministry may table the Direct Tax Code in the monsoon session of the Parliament. The code seeks the hike of income tax exemption and savings reduction limit.
Messages on Minimum Alternate Tax »

nishith105

Platinum Member

18 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

44 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

Web Messenger

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209560 Followers

Indian indices  

Source:Economic Times - The profit from special economic zones(SEZs) now attracts minimum alternative tax or MAT. A tax waiver in the Union Budget 2013 will help small and medium IT companies to move their businesses to SEZs swiftly. Moreover, the licensing of software attracts both value added

7.15 PM Feb 28th 2013

priya sharma

Platinum Member

375 Followers

HCL Info  

The profit from special economic zones(SEZs) now attracts minimum alternative tax or MAT. A tax waiver in the Union Budget 2013 will help small and medium IT companies to move their businesses to SEZs swiftly. Moreover, the licensing of software attracts both value added tax(VAT) as well

12.22 PM Feb 28th 2013

Web Messenger

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209560 Followers

MF & Taxes  

the minimum alternate tax is inde

3.02 PM Feb 19th 2013

S_K_2012

Silver Member

12 Followers

Reliance Infra  

Power shares that lifted its net profit 78% to Rs728 crore in the December quarter.But excluding this exceptional income, the company posted a net profit of Rs428 crore (as 20% minimum alternate tax is deducted on Rs379 crore for calculating net profit on Reliance Power share sale), a 5% year

11.59 AM Feb 14th 2013

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because of Minimum Alternative Tax

3.58 PM Jan 24th 2013

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