company tax rate for Assmt year 07-08???????

This query is : Resolved 

19 November 2008 company tax rate for Assmt year 07-08???????
surcharge and cess rate?????additional cess applicable?>>>

19 November 2008 For Indian Company:-

Income Tax Rate- 30%
Surcharge - 10%
Education Cess - 2% on (Income Tax + Surcharge)

For Foreign Company:-

Income Tax Rate- 40%
Surcharge - 2.5%
Education Cess - 2% on (Income Tax + Surcharge)


19 November 2008 Domestic company:- ( PRIVATE AND PUBLIC)

IT -- 30%
SC -- 10% on IT
A.SC-- 2% on IT & SC


19 November 2008 FY 06-07 no limit for surcharge (AY 07-08)



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