Income Tax Rate (Financial Year 2016 - 2017 or AY 2017-18)

Income Tax %
Normal Cases 30%
Small Company if Fy 2014-15 turnover upto 5 cr 29%

 

Surcharge Rate

Income upto Surcharge rate
Upto 1 Cr 0%
1-10 Cr 7%
>10 Cr 12%

 

Education Cess Rate

All cases 3%

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.