Insights

img
Setting Up in India

CORPORATE TAX IS PAID BY COMPANIES, BRANCHES AND PROJECT OFFICES OF OVERSEAS COMPANIES ON PROFITS AND OTHER INCOME

  • The rate of corporate tax in respect of domestic companies will reduce to 25 per cent over the next four years
  • Surcharge enhanced from 5 to 7 per cent and 10 to 12 per cent where income exceeds 10 million and 100 million respectively
  • Surcharge at 2 per cent and 5 per cent where income exceeds
    10 million and 100 million respectively

 

Click on the Download link below to access complete article.

Download Pdf