NIFTY 50

Five words that push the promise of lower MAT by one year

Updated : November 29, 2019 02:13 PM IST

Goverment’s timeline to allow lower MAT rate seems to have undergone a change.
Ordinance said firms can opt for lower MAT rate from FY20, but the Bill says FY21.
Some experts say the change in language may be erroneous; others say it’s likely deliberate.

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