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)
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