Income Tax Rate for Companies upto 250 Crore is 25%

In Financial Year 2017-18 (AY 2018-19)

Income Tax Rate for Companies is 30%

However,if Turnover upto 50 crores in FY 2014-15

then Income Tax Rate is 25%

In Financial Year 2018-19 (AY 2019-20)

income Tax Rate for Companies is 30%

However, if Turnover upto 250 crores in FY 2015-16

then Income Tax Rate is 25%

 

Note

We consider last to last year turnover(and not last year)

In case of Newly Incorporated Companies,since last to last year there was 0 turnover,lower tax rate of 25% will be available

 

New Income Tax Rate (Financial Year 2018 - 2019 or AY 2019-20)

Surcharge Rate

Education and Health Cess

All cases 3%    4%

INCOME TAX SLAB RATE IN FY 2017-18 FOR COMPANIES

INCOME TAX SLAB RATE IN FY 2018-19 FOR COMPANIES