Slab rate for private limited company

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Kalaivani.C

Kalaivani.C (Querist)
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06 June 2014 Please tell me the slab rate for a private limited company Ay 2013-2014.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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06 June 2014 Income Tax : 30% of total income.

Surcharge : The amount of income tax as computed in accordance with above rates, and after being reduced by the amount of tax rebate shall be increased by a surcharge

At the rate of 5% of such income tax, provided that the total income exceeds Rs. 1 crore. (Marginal Relief in Surcharge, if applicable)

At the rate of 10% of such income tax, provided that the total income exceeds Rs. 10 crores.

Education Cess : 3% of the total of Income Tax and Surcharge.

Kalaivani.C

Kalaivani.C (Querist)
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06 June 2014 Thank you very much sir

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