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Union Budget 2018: Wishlist Of StartUps
Start ups have been facing some serious issues despite the scope of startups being revised with the revisit through the Startup India initiative. The problem is more acute as many of the startups have to shut their plan at the fund ...
Union Budget 2018 Wishlist Startups

Govt Exempts Foreign Companies Without PE From Paying MAT
In a big relief to foreign firms, government today exempted them from paying Minimum Alternate Tax (MAT) retrospectively from April 2001, provided they did not have a permanent establishment in India. The provisions of Section 115JB of Income Tax will ...
CBDT Asks Officials Not To Pursue Pending MAT Cases
Days after the government decided to exempt foreign funds from tax on profits earned before April 1, the CBDT on Thursday issued a circular asking its fields officers to keep in abeyance pending assessments and not to recover any outstanding demand. ...
Cbdt Asks Officials Not Pursue Pending Mat Cases
Ruling On MAT A Relief To Regulated Funds: ICI
From Lalit K Jha Washington, Sep 3 (PTI) Welcoming the Indian government's decision to adopt recommendations of the AP Shah Committee Report on Minimum Alternate Tax, US-based Investment Company Institute has said the move will bring certainty and relief to the ...
US-India Business Council Hails Ruling On MAT For FIIs
The US-India Business Council (USIBC) has welcomed Indian government's acceptance of a panel's recommendation that the Minimum Alternative Tax (MAT) provisions do not apply retrospectively to Foreign Institutional Investors (FIIs) before April 1 this year."The Council applauds Finance Minister (Arun) ...
Usibc Hails Ruling On Mat Fiis
Markets Open Higher As FIIs Cleared Of MAT Worries
Benchmark indices opened the day higher as Finance Minister cleared the air over Minimum Alternate Tax (MAT) on Foreign Institutional Investors (FIIs) clarifying that they would not have to pay MAT prior to April 1, 2015. The Sensex was trading ...
FPIs May Think Twice Before Investing In India After MAT Row: FITCH
Expressing concerns over Foreign Portfolio Investors (FPIs) facing Minimum Alternate Tax (MAT) demand, global rating agency Fitch on Friday said the controversy might prompt FPIs to think twice before investing in India. "The long-term impact on investor inflows of the ...
Fpis May Think Twice Before Investing India After Mat Row Fitch
High level panel to look into MAT on FIIs
The high level committee, announced by Finance Minister Arun Jaitley today, would give its first recommendations on the issue of imposition of MAT on foreign investors, Finance Ministry said today. "Issue of MAT on FIIs being referred (to the Committee) ...
FIIs Continue Selling Indian Markets On MAT Worries
The sell figures of foreign funds has pushed Indian markets to almost three months lows and the Nifty below its 200 day moving average. On Tuesday even when the markets recovered the sell figure from FIIs or foreign portfolio investors ...
Notices to 68 FIIs to Recover Rs 602 cr Tax Towards MAT: Sinha
New Delhi, Apr 24 (PTI) The Income Tax department has sent notices in 68 cases to Foreign Institutional Investors (FIIs) for payment of dues totalling Rs 608.83 crore towards Minimum Alternate Tax (MAT), Parliament was informed today. "The applicability of ...
Notices 68 Fiis Recover Rs 602 Cr Tax Towards Mat Sinha
Direct tax code bill not taken up by Cabinet
Direct tax code bill which proposes to keep exemption limit at Rs 2 lakh for individual tax unchanged and introduce a fourth slab of 35 per cent tax rate for those with an annual income of over Rs 10 crore, was ...
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