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Income tax in India for Corporates
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Contents |
Rates
for Indian companies
Business income is taxed at a flat rate.
- pay 33% tax on business income
- with a 10% surcharge applied on the tax paid by companies with gross turnover over of Rs. 1 crore (10 million).
for Foreign companies
- pay 40% tax on business income[1].
- An education cess of 3% (on both the tax and the surcharge) are payable, yielding effective tax rates of 33.99% for domestic companies and 41.2% for foreign companies.
See also
- View a full fledged demo on eDeskOnline
- Taxation in India
- Income tax in India
- Permanent account number for Income tax in India
- Income tax in India for Individuals
- Income tax in India for Partnership Firms
- Income tax in India for Corporates
- Income tax in India for Hindu Undivided Families _ HUFs
- TDS Tax Deducted at Source Indian Income Tax
- My eTax Profile.
- Capital Account
- Capital gain
- Capital gains tax
- Stt on capital Gains
- Capital Gains (India)
- Advance Income tax in India
- Guide to filing tax returns
- Income Tax FAQs
- Income tax in India
