Government Accepts Report on Tax Waiver in Big Relief for FII India first introduced MAT during the 1990s to ensure companies paid a minimum amount of tax, normally 20 per cent of profits.
RBI Seeks Change in How Banks Set Lending Rates The RBI also urged banks to move to external financial benchmarks for pricing their deposits and loans in the medium term.
Why You Should Get Out of Equities and Start Investing in Commodities With global growth now turning, there are expectations that industrial capacity - which was surplus - may need more investments as demand starts to emerge.

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