The Finance Ministry has decided to exempt foreign companies from paying the Minimum Alternate Tax if they do not have a permanent establishment in India, in a bid to boost investor confidence.
September 30, 2015Government’s decision to waive the controversial minimum alternate tax on capital gains made by foreign investors retrospectively welcomed by cross-section of industry.
September 9, 2015Broad changes to India’s Minimum Alternate Tax Scheme raises tax liabilities for foreign portfolio investors.
April 2, 2015