Tax rate of private limited company for financial year 2017

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Hello All,

Please tell me there is any change in Corporate tax rate from last year that is 25 % corporate tax +4 % health tax for financial year 2017 - 2018 for Private limited company below 50 lac annual turnover
 

Please tell me the truth regarding corporate tax.

Replies (3)
annual turnover below 250 lacs

Thank You. next 4 % for health is added in 25 % ? then what will be exact % of tax rate

The reduction of corporate tax rates will be effective from F.Y. 2018-19. However the criteria for qualifying this will is based on turnover of F.Y. 2016-17.

Read Union Budget 2018 Highlights: Benefits to MSMEs, Corporate Taxpayers for more highlights.

Get help of team LegalWiz.in for filing of Income Tax Returns & GST Returns. Reach us at 89806 85509 or support @ legalwiz.in. Visit us at https://www.legalwiz.in.

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