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· Khaitan & CoTax

Budget 2026: MAT 14%, IT safe harbour 15.5%

Summary

MAT cut to 14% and made final; safe harbours such as 15.5% on cost for IT services were announced.

Key points
  • Corporate rates unchanged
  • Safe harbour rules awaited
For Korean companiesIndian IT service entities serving Korea can reduce TP disputes with safe harbours.

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Budget 2026: MAT 14%, IT safe harbour 15.5% · Adullam Incorporation