Income Tax Rates For Ay 2024-25 For Companies

Income Tax Rates For Ay 2024-25 For Companies. Surcharge is an additional charge levied for persons earning income above the specified limits, it is charged on the amount of income tax calculated as per applicable rates: The above calculator is only to enable public to have a quick and an easy access to basic tax calculation and does not purport to give correct tax calculation in all circumstances.

The rate of income tax will be maintained at companies where turnover does not exceed rs 400 crore. Applicable surcharge and health and education cess shall be deducted in addition to the tds rates deducted for nri and fc deductees.;