Corporate Taxes Due 2024 In India
Corporate Taxes Due 2024 In India. No extension was proposed for new manufacturing companies for. * surcharge of 10% is payable only where total taxable income exceeds inr 10 million.
The indian corporate tax rate for domestic companies stands at a basic rate of 30% on total income. Under section 115bab, newly established domestic manufacturing companies are subject to a reduced tax rate of only 15% on their total income.
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Category: 2024