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|20th December 2007, 18:24||#16|
Join Date: Apr 2006
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What they pay now is MAT ( minimum alternate tax ) , which was specifically introduced to bring companies into tax net , which were avoiding the same by using many such loopholes. Now they also pay FBT ( fringe benefit tax ) like other industries , on perks given to their employees.
There is no tax on operating margins as far as I know. All Indian companies will start showing negative margins , just to avoid taxes then
Operating Margin After Tax - is not any Tax paid to the Government . It is just a measure of profitability , after accounting for taxes . All Balance sheets will have this column.
Last edited by w 12 : 20th December 2007 at 18:37.
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