📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    The Minimum Alternate Tax (MAT) is proposed to be made a

    "final tax" from April 1, 2026. What is the proposed new rate?
    A 10% Correct Answer Incorrect Answer
    B 12% Correct Answer Incorrect Answer
    C 14% Correct Answer Incorrect Answer
    D 15% Correct Answer Incorrect Answer
    E 18% Correct Answer Incorrect Answer

    Solution

    MAT is proposed to be made final tax, and the rate is being reduced to 14 percent from the current 15 percent.

    Practice Next
    ask-question