Budget 2013: Sectors on radar
Abolition of Minimum Alternative Tax (MAT) for the tax holiday under Section 80IA is one of the main demands of the infrastructure sector. Another major demand of the sector is single window clearance of large sized projects so as to ease the bottlenecks.
Pass through of Dividend Distribution Tax for SPVs is a long pending demand from companies having multiple SPVs. If government okays even some of the demands, infrastructure companies will certainly see a spike in their stocks.
Ajeet Kumar/Reema Sharma
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