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SEZs suffer MAT body blow
The Direct Taxes Code also has a provision for imposing minimum alternate tax on these tax-free enclaves Special economic zones (SEZ) have been given a body blow in the form of 18.5 per cent minimum alternate tax (MAT). The effective tax rate would be 20 per cent, including the surcharge and education cess. SEZ developers would also have to pay 16.23 per cent tax on the dividend distributed after June
The Direct Taxes Code also has a provision for imposing minimum alternate tax on these tax-free enclaves Special economic zones (SEZ) have been given a body blow in the form of 18.5 per cent minimum alternate tax (MAT). The effective tax rate would be 20 per cent, including the surcharge and education cess. SEZ developers would also have to pay 16.23 per cent tax on the dividend distributed after June
Videocon gets more time for Navi Mumbai LCD project
The Maharashtra government has extended the deadline for Videocon Industries’ Rs 8,000-crore thin-film transistor liquid crystal display (TFT-LCD) panel project in Navi Mumbai for the third
Industry heads pledge to push Assam growth story
Assam today saw a galaxy of towering personalities from the corporate sector sitting together and charting out the roadmap for the state’s economic and industrial development. Not just that,
Industry barons to chart out Assam growth path
Something that never probably had happened in any other Indian state, will happen in Assam tomorrow. Top honchos of Indian industry will sit together tomorrow in Guwahati to chart out vision and
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