Buyback Tax, STT Hike, and MAT Reduction Reshape Corporate Taxation
Finance Minister Nirmala Sitharaman announced significant tax reforms during her Union Budget 2026-27 presentation, including taxing buyback proceeds as capital gains for all shareholders, raising Securities Transaction Tax (STT) on commodity futures, and reducing Minimum Alternate Tax (MAT). These measures balance revenue generation with corporate relief. Buyback Proceeds Taxed as
