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?>>>
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)
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
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)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- DELIVERY GOLD & SILVER AND OTHER ETF TRADING PROFIT AS BUSINESS INCOME
- GSTR-1A How to update Invoice
- Excess salary payment.
- 3cd- cash system of accounting is allowed?
- Provision for loans that are under Revenue Recovery
- APPLICABILITYOF GST ON STUDENT HOSTEL FEES
- Form 121-contradictory opinions
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
