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Rates of tax for domestic pvt ltd company

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 May 2015 plz reply its urgent for advance tax calculation


Hi I want to know what is the rate of tax for domestic pvt ltd company for f.y. 2015-16.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 May 2015 It is 30% plus 3%education cess and surcharge applicable at 7%(1 cr to 10cr) and 12% (above 10cr)
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Rupesh Jain

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Rupesh Jain (Expert)
29 May 2015 FOR BUSINESS INCOME 30% +SURCHARGE(IF INCEOM ABOVE RS. 1 CORORES) +CESS 3%.
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Querist : Anonymous

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Querist : Anonymous (Querist)
01 June 2015 but what about rate of corporate income tax to be reduced to 25% over next years. so there will be no change in tax rate for f.y.2015-16
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
01 June 2015 There is no change in corporate tax for f.y. 2015-16
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