Minimum Alternative Tax

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  'Withdrawl of Tax Exemption to Negatively Impact Innovation'

  Withdrawal of tax exemption for research and development is likely to negatively impact India's innovation efforts, pharma major Dr Reddy's Laboratories said today.

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  'Kitne Acche Din?' Chief Economic Adviser Reviews One Year of Modi Government: Highlights

  Arvind Subramanian, Chief Economic Adviser to the government of India, spoke exclusively with NDTV on the Narendra Modi government's one year in power. He conceded that the row over Minimum Alternative Tax (MAT) has hurt the image of the government, which he said has, "learnt from it and does not want a repeat it."

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  Foreign Investor Group Mulls Supreme Court Challenge to MAT: Report

  A Hong Kong-based lobby group representing global banks and investors is considering challenging a controversial tax in the Supreme Court, escalating a row that has eroded investor confidence in Prime Minister Narendra Modi's government.

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  Finance Minister Arun Jaitley Tries to Buy Peace with RBI, Foreign Investors

  Finance Minister Arun Jaitley sought to placate the Reserve bank of India (RBI) and foreign investors on Thursday by putting on hold a major overhaul of financial regulation and offering tax concessions on stocks and bonds.

• Ansal Projects seeks denotification of its Special Economic Zone in Gurgaon

  Ansal Special Economic Zone (SEZ) Projects has approached the government seeking to surrender its special economic zone in Gurgaon after the imposition of minimum alternate tax and global economic uncertainties.

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  Govt raises MAT to 15 per cent, abolishes FBT

  The government on Monday raised the Minimum Alternate Tax (MAT) to 15 per cent even as it abolished the Fringe Benefit Tax.