company tax rate for Assmt year 07-08???????
This query is : Resolved
19 November 2008
company tax rate for Assmt year 07-08???????
and specify surchrge limit too
and specify surchrge limit too
19 November 2008
DOMESTIC CO.
TAX RATE- 30%
SURCHARGE- 10%
EDU. CESS-2%(TAX+SURCHARGE)
FOREIGN CO.
TAX RATE- 40%
SURCHARGE-2.5%
EDU. CESS-2%(TAX + SURCHARGE)
TAX RATE- 30%
SURCHARGE- 10%
EDU. CESS-2%(TAX+SURCHARGE)
FOREIGN CO.
TAX RATE- 40%
SURCHARGE-2.5%
EDU. CESS-2%(TAX + SURCHARGE)
19 November 2008
LIMIT FOR SURCHARGE
NO LIMIT SURCHARGE IS A MENDATORY PORTION FOR COMPANIES UPTO AY 2007-08.
NO LIMIT SURCHARGE IS A MENDATORY PORTION FOR COMPANIES UPTO AY 2007-08.
19 November 2008
surcharge is applicable when taxable income cosses rs 1 crore.
19 November 2008
FY 06-07 no limit for surcharge (AY 07-08)
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