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New MAT levy to impact cash flows, says Cipla

Speaking to CNBC-TV18, S Radhakrishnan, whole-time director of pharma major Cipla said new MAT charge will impact the company's cash flows.

March 03, 2011 / 22:38 IST
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The government has proposed to levy 18.5% MAT on developers of special economic zones and units that are located in these enclaves in budget 2011-12. Speaking to CNBC-TV18, S Radhakrishnan, whole-time director of pharma major Cipla said new charge will impact the company

TAGS: #Business #cash flows #Minimum Alternate Tax #SEZs
first published: Mar 3, 2011 11:33 am

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