FM proposes to exempt minimum alternate tax for non-residents paying tax on presumptive basis

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....M proposes to exempt minimum alternate tax for non-residents paying tax on presumptive basis<BR>PTI News<BR>Dated:- 1-2-2026<BR>PTI<BR>New Delhi, Feb 1 (PTI) Finance Minister Nirmala Sitharaman on Sun....

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....day proposed to exempt Minimum Alternate Tax (MAT) for non-residents who pay tax on presumptive basis. In her Budget speech, she said the threshold for availing safe harbour for IT services is being....

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.... enhanced from Rs 300 crore to Rs 2,000 crore. Sitharaman added that the tax collected at source rate on liquor, scrap, and mineral has been rationalised to 2 per cent. The minister also announced....

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.... to rationalise definition of accountants for safe harbour rules to promote home-grown accounting firms. She said the government would allow inter-cooperative societies dividend income as deduction ....

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....under the new tax regime. PTI TEAM TRB<BR> News - Press release - PIB....