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Tag: minimum alternate tax

Budget seeks to attract global business and investment providing fillip to toll manufacturing, MAT exemptions

Posted on February 2, 2026 By admin
Budget seeks to attract global business and investment providing fillip to toll manufacturing, MAT exemptions

Photo used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Seeking to attract global business and investment into India, Union Finance Minister Nirmala Sitharaman in her budget presentation Sunday (February 1, 2026), among other things, providing a fillip to toll manufacturing in the country proposed exempting non-residents from paying income tax for five years….

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