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

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(Querist)
19 November 2008 company tax rate for Assmt year 07-08???????
surcharge and cess rate?????additional cess applicable?>>>
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CA Pawan Goswami

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CA Pawan Goswami (Expert)
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)
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
19 November 2008 Domestic company:- ( PRIVATE AND PUBLIC)

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

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Ravikumar.G (Expert)
19 November 2008 FY 06-07 no limit for surcharge (AY 07-08)
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