Moneycontrol PRO
HomeNewsMinimum alternate tax (mat)

Minimum Alternate Tax (mat)

Jump to
  • The government bowls a googly in the corporate tax cut bill | Policy Track

    The government has excluded some industries from the 15percent tax bracket for new manufacturing companies. Then, it went a step further and made it worse.

  • Explained: What is Minimum Alternate Tax or MAT?

    Companies try to minimise giving taxes by taking advantage of depreciation, deductions, exemptions, etc from the government. So the government imposes a Minimum Alternate Tax or MAT as an advance tax on these companies.

  • Abolish MAT on SEZs: Industry body to govt

    The chamber argued that imposition of MAT on special economic zones (SEZs) has hindered their growth and especially the performance of exports.

  • Budget 2017: Industrial corridors, labour-intensive sectors may get a boost

    Finance minister Arun Jaitley may propose a package of tax incentives for the labour-intensive leather, gems and jewellery sectors as part of the government's signature "Make in India" initiative to boost manufacturing, create jobs and revive exports.

  • India`s First IFSC Set for Formal Inauguration during Vibrant Gujarat Summit Jan 2017

    Indian corporate entities have expanded business operations and now operate globally. This, in turn, has led to increased requirement for services ...

  • India`s First IFSC Set for Formal Inauguration during Vibrant Gujarat Summit Jan 2017

    Indian corporate entities have expanded business operations and now operate globally. This, in turn, has led to increased requirement for services ...

  • India seeks to resolve tax disputes quickly: Arun Jaitley

    Arun Jaitley was speaking after the finance ministry decided last week not to press claims for a Minimum Alternate Tax (MAT) against foreign portfolio investors. India remains locked in major back-tax disputes with telecoms group Vodafone and Cairn Energy.

  • Inconsistent AAR rulings led to MAT dispute: AP Shah

    In an interview to CNBC-TV18‘s Shereen Bhan and Menaka Doshi, AP Shah explained the details of the report that was accepted by the government.

  • India may favour relief on MAT to foreign investors: Source

    On September 29, the Supreme Court is due to hear a legal challenge filed by Mauritius-based Castleton Investment Ltd against the government over a number of tax-related issues, including on whether MAT can be imposed on foreign investors.

  • Govt gives relief for REITs, Infra Investment Trusts on MAT

    REITs and Infrastructure Investment Trusts (InVITs) are aimed at attracting funds in a transparent manner into the real estate and infrastructure sectors.

  • All MAT tax claims under DTAA to be settled in a month

    The move is aimed at quickly resolving the controversial tax issue facing foreign portfolio investors. The Income Tax Department has sent notices in 68 cases to FIIs for payment of dues totalling Rs 602.83 crore towards Minimum Alternate Tax (MAT).

  • Finance Bill in May: Will FM provide more relief to FIIs?

    Finance minister Arun Jaitley met nearly 50 foreign portfolio investors (FPIs) over the Holi weekend in Mumbai, his first meeting post Budget. According to sources, many FPIs raised issues around the rules for permanent establishment.

  • Clarity on applicability of MAT on FPIs likely in Budget

    The levy is likely to have a bearing on foreign portfolio fundings in the Indian stock market.

  • CII seeks cut in Minimum Alternate Tax to 10% in Budget

    In its Pre-Budget memorandum for 2015-16 submitted to the Finance Ministry, it has "strongly recommended that MAT should be reduced to 10 per cent...the entire provision of MAT needs to be re-examined to incentivize investments".

  • Expect big bang reforms in Budget; MAT reduced: Adi Godrej

    Adi Godrej, chairman, Godrej Group expects reduction in Minimum Alternate Tax (MAT) to spur investments in the upcoming Union Budget

  • Budget Analysis: Best move was on savings & investment allowance says E&Y

    Reacting on the Budget, Rajiv Memani, CEO and country managing partner of Ernst & Young said the surcharge of 10 percent imposed on super rich was more than what was anticipated.

  • Budget 2013-14: FinMin considering taxation of controlled financial corps

    We learn from sources that the finance ministry is considering the taxation of controlled financial corporations. CNBC-TV18‘s Aakansha Sethi reports.

  • Pranab Mukherjee imposes 18.5% MAT on SEZ developers, units

    The government today proposed to levy Minimum Alternate Tax (MAT) of 18.5 per cent on the book profits of Special Economic Zone developers and units, which was termed as a 'setback' by the players.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347