Income Tax Rates for Firms - A.Y. 2007-08 to A.Y. 2025-26

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..... ied @18.50% of Book Profit / Adjusted total income. However, AMT is levied @9% in case of Non-Corporate Assessee, located in International Financial Services Centre and deriving its income in convertible foreign exchange Notes: Note 1: - Add Surcharge - 12% if income exceeds ₹ 1 Crores - with marginal relief. Note 2: - Add Health and Education Cess - 4% of Income Tax ======================== Rates for the Assessment Year 2023-24 Rate of Tax is 30% AMT is levied @18.50% of Book Profit / Adjusted total income. However AMT is levied @9% in case of Non-Corporate Assessee, located in International Financial Services Centre and deriving its income in convertible foreign exchange Notes: Note 1: - Add Surcharge - 12% if income exceeds ₹ .....

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..... Tax is 30% Notes: Note 1: - Add Surcharge - 12% if income exceeds ₹ 1 Crores - with marginal relief. Note 2: - Add Education Cess - E. Cess is 2% of Income Tax Note 3: - Add Secondary and Higher Education Cess - SHE. Cess is 1% of Income Tax ======================== Rates for the Assessment Year 2017-2018 Click here for Alternate Minimum Tax (AMT) Rate of Tax is 30% Notes: Note 1: - Add Surcharge - 12% if income exceeds ₹ 1 Crores - with marginal relief. Note 2: - Add Education Cess - E. Cess is 2% of Income Tax Note 3: - Add Secondary and Higher Education Cess - SHE. Cess is 1% of Income Tax ======================== Rates for the Assessment Year 2016-2017 Click here for Alternate Minimum Tax (AMT) Rate of Tax is 30% Notes: Not .....

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..... r LLP Rate of Tax is 30% Notes: Note 1: - Add Surcharge - Nil Note 2: - Add Education Cess - E. Cess is 2% of Income Tax Note 3: - Add Secondary and Higher Education Cess - SHE. Cess is 1% of Income Tax ======================== Income Tax Rates for Firms Rates for the Assessment Year 2011-2012 Rate of Tax is 30% Notes: Note 1: - Add Surcharge - Nil Note 2: - Add Education Cess - E. Cess is 2% of Income Tax Note 3: - Add Secondary and Higher Education Cess - SHE. Cess is 1% of Income Tax ======================== Rates for the Assessment Year 2010-2011 Rate of Tax is 30% Notes: Note 1: - Add Surcharge - Nil Note 2: - Add Education Cess - E. Cess is 2% of Income Tax (Rebate u/s 88E is not available w.e.f. AY 2009-2010) Note 3: - Add Secondary .....

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