company tax rate for Assmt year 07-08??????surcharge rate and cess ? additional education cess applicable??
NIMA JHA
(article)
(50 Points)
Replied 19 November 2008
tax rate for companies = slab rate = 30%
surcharge = 10%
and education cess = 2%
Jitender
(Chartered Accountant)
(8724 Points)
Replied 19 November 2008
surcharge is applicable when taxable income increases rs 1 crore.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
