What is the full form of MAT?

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    • Management Aptitude Test is an all India based test for admission to a large number of management schools. The score obtained in MAT is eligible to a number of business schools in India. The test is conducted both in paper-pen mode and computer based online mode. It is conducted by All India Management Aptitude Testing Service (AIMATS), New Delhi. To appear in the exam a candidate must be a minimum of graduate from any of the discipline.
    • As the name suggests, minimum alternate tax is the minimum tax that has to be paid by companies enjoying tax benefits under certain government schemes. The intent of introducing MAT was to ensure that no taxpayer with substantial income can avoid tax liability by using exclusions, incentives and deductions.

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