Proposed Minimum Alternate Tax (MAT) changes in Union Budget FY27 will significantly affect infrastructure, SEZ units, ...

Union Budget 2026 redefines MAT as a final tax, incentivizing transition to a simpler corporate tax regime while reducing rates.

Around 86 per cent of taxpayers have migrated to the new regime in AY 2025-2026, up from 75 per cent in the previous year.

A Union budget effort to march corporates into India's new low-tax regime may deal a one-time blow to several companies following the old tax regime. Restrictions on tax credits under minimum ...