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Impact of Budget on MAT and Tax Rates by vismay_sood is a document available to read on EtoBox.

What is Impact of Budget on MAT and Tax Rates about?

The document discusses several impacts of the Indian budget: 1) The MAT rate was increased from 10% to 15%, which will negatively impact companies in the applicable tax bracket. 2) Excise duty on petrol-driven trucks and lorries was reduced to 8% from 20%. 3) Allocation under JNNURM was increased by 87% to Rs. 128.87 billion, which will benefit bus and truck manufacturers.

Author

vismay_sood

Language

EN