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Minimum Alternate Tax

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Is Health Insurance Tax Relief Coming?

Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely. Illustration: Uttam Ghosh/Rediff.com  ......

Will India CHANGE In Modi 3.0?

The climate for 'doing business' remains forbidding, taxtortion is still rife, corruption at state and district levels has increased, oil prices remain extortive with high taxation, and the......

Is There Really No Alternative To Modi?

Are we so ready to believe that in this country whose virtues we constantly shout from the rooftops, there is no single person -- other than Modi -- in a minimum of 272 elected MPs with the talent......

Govt may not tinker with Minimum Alternate Tax

The Finance Ministry is unlikely to tinker with the 10 per cent Minimum Alternate Tax (MAT), the amount companies getting tax exemptions pay on their book profits, despite the industry chambers'......

Govt meets FIIs on tax, refuses curbs on minimum alternative tax

To reassure foreign investors on tax policies, top government functionaries on Wednesday held meetings with foreign institutional investors, but refused to relent on Rs 40,000 crore (Rs 400......

Sebi's new asset class is a win-win for investors, issuers

Credit-focused SIFs with lower minimum investment thresholds can provide a more practical option for investors with higher risk appetite, suggests Subodh Rai.  Illustration: Dominic......

Budget 2022: Industry bodies urge govt to reduce tax burden

Engineering Export Promotion Council (EEPC) of India has urged the Centre to extend lower corporate tax benefit to Limited Liability Partnerships (LLPs) and proprietary firms as it would make funds......

Hotels: Service tax levy spoils the party

Budget provisions: Five per cent Service tax (effectively on whole amount) on hotel accommodation in excess of declared tariff of Rs 1,000 per day charged to the customer. The levy will be......

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