The IT and IT-enabled services industry here has sought the reduction in minimum alternate tax (MAT) to 5 per cent in the Budget 2013-14 for all IT companies operating in
Several realty firms, including Parsvnath, have sought the government's nod to shelve their special economic zone (SEZ) projects amid continued tax uncertainties.
Among others, Parsvnath SEZ -- a Parsvnath Group
Expressing "surprise" at the Budget proposal to impose Minimum Alternate Tax on SEZ developers, Commerce and Industry Minister Anand Sharma today said he has voiced his concerns to Finance Minister
Bringing some cheer to the industry, Finance Minister Pranab Mukherjee today lowered the surcharge tax limit on corporate tax to 5 per cent from 7.5 per cent even while
Industry chamber Assocham asked the Finance Ministry today to reduce corporate tax to 25 per cent from the existing rate of 30 per cent so that India Inc is left
The private power companies such as JSW Energy, Tata Power, Reliance Power and Adani Power are expected to see their return on equity (ROE) fall by 4-5 per cent following the hike in coal cess by Rs 50 per metric tonne, and a rise in the minimum alternate tax (MAT) by 3 per cent, according to analysts.
The big day has passed for the markets and now it is time to get to the specifics.
The government has assured India Inc that it would come out with a revised direct taxes code (DTC) draft and seek their comments before finalising it.
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