The Hindu Business Line : IT industry unhappy with 20% MAT levy on SEZs

Comment on: The Hindu Business Line : IT industry unhappy with 20% MAT levy on SEZs

Though the Minimum Alternative Tax rate of 20% may dissuade the the SME's from moving into the SEZ, its time the software industry grew out of the tax exemptions. Perhaps the MAT rate could be brought down to 10% initially and gradually increased later.