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Income Tax - Companies

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Domestic Company

  • Income-tax @ 30% of total income
  • Surcharge at the rate of 7.5% of income tax provided that total income exceeds Rs. 1 crore
  • Education Cess @ 3% of total of Income-tax and surcharge

Firms
  • Income-tax @ 30% of total income
  • Surcharge at the rate of 7.5% of income tax provided that total income exceeds Rs. 1 crore
  • Education Cess of 3% of total of Income-tax and surcharge

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