Minimum Alternate Tax (MAT) is not a novel concept. It has been in existence in India for at least for the last two decades. The reason for the imposition of MAT is pretty simple – Companies with significant incomes, which even go the extent of companies distributing dividends to shareholders, take advantage of incentives and deductions to show close to […]

Traditionally, companies have focused on studying the market by undertaking market research and getting information about the bottlenecks, opportunities, market forces etc. Once the market forces seem favorable (or at least to a company in conjunction with its resources), the company ventures into the market with its own product/service to serve a particular segment of that market. If things go […]