Last Updated: Friday, July 24, 2015, 23:03
The government Friday said it will soon take a decision on the Justice A P Shah Committee report on applicability of minimum alternate tax (MAT) on foreign investors, an issue which had riled FIIs.
Last Updated: Friday, July 24, 2015, 22:18
The high-level Justice A P Shah Committee Friday submitted a 66-page report to the government on applicability of minimum alternate tax (MAT) on FIIs, an issue which had riled foreign investors.
Last Updated: Thursday, July 16, 2015, 13:56
The high-level Justice A P Shah panel, set up to look into the levy of MAT on FIIs, is likely to submit its report to the Government next week, Finance Minister Arun Jaitley said on Thursday .
Last Updated: Tuesday, July 7, 2015, 17:54
The high-level Justice A P Shah panel, set up to look into the levy of MAT on FIIs today held consultations with officials of the tax department.
Last Updated: Tuesday, June 30, 2015, 18:14
The high-level Justice A P Shah panel, set up to look into levy of MAT on FIIs, has begun consultations with stakeholders including an industry body which said it should not apply on such investors.
Last Updated: Tuesday, June 16, 2015, 17:58
In a breather for investors, CBDT on Tuesday said taxmen won't resort to coercive methods to recover dues towards Minimum Alternate Tax (MAT) on capital gains made by FIIs and will wait for the Supreme Court order on the issue.
Last Updated: Thursday, May 28, 2015, 13:31
Dismissing the charge of obstructionism in Parliament against Congress, former Finance Minister P Chidambaram on Thursday blamed the government for not scrapping retrospective tax and MAT on FIIs despite its commanding strength in the Lok Sabha.
Last Updated: Tuesday, May 26, 2015, 20:42
The high-level Justice A P Shah committee on levy of MAT on foreign investors has invited suggestions and representations from all stakeholders, including industry associations.
Last Updated: Tuesday, May 26, 2015, 17:18
Seasoned banker Naina Lal Kidwai says the issue of minimum alternate tax needs to be tackled amicably and fast, even as she sees full convertibility of the rupee as a 10-year programme.
Last Updated: Monday, May 25, 2015, 18:34
The high-level Justice Shah committee on levy of MAT on FIIs today met for the first time as it looked to expeditiously give its recommendations to resolve the contentious issue that has riled investors.
Last Updated: Sunday, May 24, 2015, 11:43
During January to April, investment by foreign portfolio investors (FPIs) totalled Rs 94,241 crore, but month-on-month analysis showed the fund flows are on a decline.
Last Updated: Friday, May 22, 2015, 14:10
"We must ... remove discretion, phase out exemptions and bring the effective rate down to global levels," Jaitley said.
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