Income tax rates
This query is : Resolved
04 October 2019
what is income tax rates for domestic companies after recent finance minister announcements regarding revision of the rates applicable to them.
04 October 2019
Basic Income Tax rate - 22%
Surcharge - 7% on above if total income is between rs.1 Crore to Rs.10 crores
Surcharge - 125 on basic if total income is above Rs.10 crores
Health Cess : 4% on basic + Surcharge
Surcharge - 7% on above if total income is between rs.1 Crore to Rs.10 crores
Surcharge - 125 on basic if total income is above Rs.10 crores
Health Cess : 4% on basic + Surcharge
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