Current Affairs · Minimum Alternate Tax Proposals

The Union Budget 2026–27 proposed a multi-step phase-out and restructuring of the Minimum Alternate Tax (MAT) framework to encourage corporate taxpayers to transition to the new tax regime. Which of the following combinations correctly reflects the date after which no further MAT credit will accumulate, the proposed final tax rate for MAT, and the specific limit for available MAT credit set-offs against tax liability under the new regime?