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Foreign Investor Group Mulls Supreme Court Challenge to MAT: Report
- Wednesday May 13, 2015
- India News | Reuters
A Hong Kong-based lobby group representing global banks and investors is considering challenging a controversial tax in the Supreme Court, escalating a row that has eroded investor confidence in Prime Minister Narendra Modi's government.
- www.ndtv.com
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Foreign Investor Group Mulls Supreme Court Challenge to MAT: Report
- Wednesday May 13, 2015
- Business | Thomson Reuters
The existing Supreme Court case, filed by Mauritius-based Castleton Investment Ltd, is seen as a test case on the legitimacy of extending the so-called minimum alternate tax (MAT), which was intended to ensure companies inside India paid a minimum tax rate, to foreign investors' gains.
- www.ndtv.com/business
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P-notes: I want my tax, says Pranab
- Saturday March 31, 2012
- Business |
The finance minister statements indicate that the government may not tax P-note holders but could tax P-note issuers. Mukherjee said that he was not interested in knowing the identify of P-note holders. This means, P-note issuers could withhold tax before passing on economic benefits to P-note holders.
- www.ndtv.com/business
-
Foreign Investor Group Mulls Supreme Court Challenge to MAT: Report
- Wednesday May 13, 2015
- India News | Reuters
A Hong Kong-based lobby group representing global banks and investors is considering challenging a controversial tax in the Supreme Court, escalating a row that has eroded investor confidence in Prime Minister Narendra Modi's government.
- www.ndtv.com
-
Foreign Investor Group Mulls Supreme Court Challenge to MAT: Report
- Wednesday May 13, 2015
- Business | Thomson Reuters
The existing Supreme Court case, filed by Mauritius-based Castleton Investment Ltd, is seen as a test case on the legitimacy of extending the so-called minimum alternate tax (MAT), which was intended to ensure companies inside India paid a minimum tax rate, to foreign investors' gains.
- www.ndtv.com/business
-
P-notes: I want my tax, says Pranab
- Saturday March 31, 2012
- Business |
The finance minister statements indicate that the government may not tax P-note holders but could tax P-note issuers. Mukherjee said that he was not interested in knowing the identify of P-note holders. This means, P-note issuers could withhold tax before passing on economic benefits to P-note holders.
- www.ndtv.com/business