Corporate Income Tax Rate 2024 Calendar

Corporate Income Tax Rate 2024 Calendar. The indian corporate tax rate for domestic companies stands at a basic rate of 30% on total income. On august 19, 2024, the ministry of finance (department of revenue) issued notification s.o.

A company shall be liable to pay minimum alternate tax (mat) at 15% of book profit (plus surcharge and health and education cess as applicable) where. Substantively enacted income tax rates for income earned by a ccpc for 2024 and beyond current as of june 30, 2024