Minimum Alternate Tax

Reliance Industries yet to decide on adoption of newer rate of corporate taxation

The only change the company have done is to the extent that MAT rate drops from 18.5 to 15 as far as RIL's current tax calculation is concerned.

published on : 18th October 2019

Banking, FMCG to benefit from corporation tax cut while pharma, IT to remain untouched: Report

The immediate benefit is increased cash flows to corporate India that will be either channelised into debt reduction or incremental investments in increasing capacity.

published on : 22nd September 2019