Current Affairs · Union Budget
As per the Union Budget 2026-27, non-residents providing services/technology for setting up electronics manufacturing facilities where the resident company opts for presumptive taxation are exempted from which of the following categories of taxes?
- 1Capital Gains Tax (CGT)
- 2Tobin Tax
- 3Minimum Alternate Tax (MAT)✓
- 4Securities Transaction Tax (STT)
Correct answer
Minimum Alternate Tax (MAT)
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