International companies corporate Tax?

By IndianMoney , 7 months ago
1. In case companies are earning less than Rs.1 crore, a corporate tax of 41.2% is levied. The corporate tax includes 40% basic tax and 3% education cess. 2. In case companies are earning more than Rs.1 crore, a corporate tax of 42.024% is levied. The corporate tax includes 40% basic tax, 2% surcharge, and 3% education cess. 3. In case companies earn more than Rs.10 crore, a surcharge of 5% is levied apart from the basic tax.
Trending Questions
Recent Questions
Related Questions
- Defination of Direct Tax?
- What is direct tax with example?
- Is excise duty a direct tax?
- For resident individuals and Hindu Undivided Families (HUFs) who are below the age of 60 years:
- For senior citizens who are above the age of 60 years and below the age of 80 years:
- For resident Indians who are above the age of 80 years (Super Senior Citizen):