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(Querist)
14 December 2010 What are the provisions of MAT & the availabitiy of MAT credit under the proposed DTC?
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
14 December 2010 Corporate tax to be a flat 30 %. MAT has been increased from 18 percent to 20 percent of book profit of a company. Dividend Distribution Tax will be at 15 percent.

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