Government Budgeting and Taxation

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Minimum Alternate Tax (MAT)

The Minimum Alternate Tax ("MAT") is a tax levied under India's Income Tax Act of 1961 that targets companies that show profits on their books and declare dividends, but pay minimal or no tax. 

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💥UPSC 2026, 2027 UAP Mentorship - June Batch Starts
💥UPSC 2026, 2027 UAP Mentorship - June Batch Starts