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CBDT asks officials not to pursue pending MAT cases

Last Updated: Thursday, September 3, 2015, 12:43

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.

Retrospective tax issue needs quick-fix: Naina Lal Kidwai

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.

Nifty jumps 150 points on buying buoyancy, revisits 8,300-mark

Last Updated: Monday, May 4, 2015, 20:17

Soothing comments from Finance Minister Arun Jaitley on the Minimum Alternate Tax (MAT) levied to FIIs also adequately supported the pullback rally.