Minimum Alternate Tax (MAT) was introduced to tax “zero-tax companies” that reported good profits in books but paid little or no income tax due to exemptions and incentives. With the Finance Bill, 2026, MAT itself has been re-engineered. The Government now wants most companies to move to the simpler, concessional corporate tax regime (like 22%/15% rates without exemptions).

In India, gold and jewellery are not just investments — they are emotion, tradition, security, and status.

On 13th December 2025, the Central Board of Direct Taxes (CBDT) released an important Press Release that every taxpayer in India must read carefully.

Understanding Income Tax In India – A Practical Guide For Taxpayers (updated 2025)