With the July 31 deadline for filing income tax returns approaching and many Non-Resident Indians (NRIs) seeking clarity on the impact of the new Income Tax Act, 2025, the Income …
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Tax
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Tax Reform Beyond Rates: India Fixes Unequal MAT Treatment
by Rajat Mohanby Rajat Mohan 3 minutes readA good tax system should be uniform for all similar businesses. India has made a step in that direction by fixing a huge gap in the Minimum Alternate Tax (MAT) …