Dear Friends,
I have started my company on 10/4/2017 and started business. turnover for the period 17-18 is 10,00,000. Which tax rate is applicable for my company 25 % or 30%. Its not a manufacturing company.
Pls clear This ASAP
Dear Friends,
I have started my company on 10/4/2017 and started business. turnover for the period 17-18 is 10,00,000. Which tax rate is applicable for my company 25 % or 30%. Its not a manufacturing company.
Pls clear This ASAP
25%
| Turnover Details | Tax Rate |
| Gross turnover upto 250 Cr. in the previous year | 25% |
| Gross turnover exceeding 250 Cr. in the previous year | 30% |
|
Finance Bill |
FY |
AY |
Threshold limit for turnover |
Year in which limit to be checked |
Rate |
|
2017 |
2017-18 |
2018-19 |
Rs. 50 Cr |
FY 2015-16 |
25% |
|
2018 |
2018-19 |
2019-20 |
Rs. 250 Cr |
FY 2016-17 |
25% |
YOGESH KAPOOR AND ASSOCIATES
New Delhi
B.Com
View Details
Aggarwal Sarawagi and Co
New Delhi
CA
View Details
CMNITY HIRE
New Delhi
Others
View Details
CAclubindia
