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PwC seeks scrapping of minimum alternate tax in Budget

Last Updated: Saturday, July 05, 2014, 18:09

Consultancy firm PwC has called for removal of minimum alternate tax (MAT) in the coming budget as a sop for the IT industry.

IT, ITeS sectors expect tax relief in Budget

Last Updated: Monday, June 23, 2014, 21:38

The IT and ITeS sectors expect a reduction in minimum alternate tax (MAT) and dividend distribution tax in the next month's Union Budget, a senior economist said Monday.

Modi to meet officials tomorrow to sort out SEZ woes

Last Updated: Friday, June 13, 2014, 15:20

Seeking to revive the beleaguered Special Economic Zones, Prime Minister Narendra Modi will hold a meeting of the officials of commerce and finance ministries on Saturday to sort out the taxation and other problems hampering the implementation of the scheme.

Cabinet likely to consider DTC Bill today

Last Updated: Thursday, August 22, 2013, 09:00

The exemption limit at Rs 2 lakh for individual tax payers is unlikely to be touched, but a new slab of 35 percent may be introduced for the super-rich.

SEZ revival package leaves out industry demand for MAT waiver

Last Updated: Thursday, April 18, 2013, 21:22

The government Thursday unveiled a package of reforms including easing of land norms to revive investments in SEZs, but refrained from accepting a major demand of developers for MAT waiver due to fiscal constraints.

MAT on SEZs dented India's investment destination image: Survey

Last Updated: Friday, February 22, 2013, 18:46

The survey said 75 percent of the respondents felt that MAT has impacted India's credibility as a dependable investment destination.

Exports from SEZs grow 17% in Apr-Dec 2011

Last Updated: Wednesday, February 08, 2012, 12:53

Exports from special economic zones increased by 17 percent year-on-year to Rs 2.60 lakh crore during April-December 2011, the Export Promotion Council for EOUs and SEZs (EPCES) said Wednesday.