Corporates still on Mat Posted on April 13, 2000 by Uttam Gupta Corporates-still-on-Mat Tags: 'employees stock option plan (ESOP)', 'notional capital gain', 'narrow focus', 'complicated tax structure', 'minimum alternate tax (MAT)', Surcharge on company income & profit', 'tax on distributed profits', 'surcharge on dividend distribution tax (DDT)', 'increase in effective MAT', 'tax on perquisites'