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Mat stands for in finance.
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The following are details of various aspects of mat.
Mat was introduced by finance act 1996 to ensure that companies pay a minimum amount of tax to the government.
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Mat stands for minimum alternate tax described as a direct tax that has to be paid by the companies that are enjoying tax benefits or tax exemptions instead of having huge profits under various schemes framed under income tax act.
Moving annual total mat the total value of a variable such as sales figures for a product over the course of the previous 12 months.
2 meanings of mat acronym and mat abbreviation in company.
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Minimum alternative tax in company.
Top mat abbreviation related to business.
This is a rolling yearly sum so changes at the end of each month with data from the new month added to the total and data from the first month of the period taken away.
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One such provision available to companies for deducting their corporate tax burden is their minimum alternate tax mat.
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What does mat stand for in business.
Table of contents.
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Business mat abbreviation meaning defined here.
Get the definition of mat in company by all acronyms dictionary.
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