MAT Reduced for Cooperative Societies to 15%

Reduction in MAT for Cooperative Societies : Union Budget 2022

Reduction in MAT for Cooperative Societies Union Budget 2022

On February 1st, 2022, the Finance Minister delivered the Union Budget 2022. There were no adjustments to the tax slab rates for individual taxpayers, but the budget speech introduced new tax laws for cooperative societies. Let’s understand the latest update for Reduction in MAT for cooperative societies. What is a Cooperative Society? Members of a … Read more