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Tag Archives: MAT
MAT on SEZ under DTC – Request to reduce the rate
The Commerce department is in talk with Ministry of Finance to push for lowring the minimum alternative tax (MAT), proposed in Direct Tax Code (DTC) Bill, on units in Special Economic Zone (SEZ). The department is set to raise this issue before … Continue reading
Budget-2010- Direct Tax Proposals
TAX PROPOSALS: The Centralized Processing Centre at Bengaluru is now fully functional and is processing around 20,000 returns daily. Two more Centres will also be established during the year. The Income Tax department has introduced “Sevottam”, a pilot project at … Continue reading
Posted in Income Tax
Tagged Budget, Deduction, Direct Tax, Income Tax, India Budget, MAT, New Tax Rate, Saral 2
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