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Rate of income-tax in case of companies - Budget 2017-18 - Income Tax Rates - For the Assessment Year 2018-19

Dated:- 2-2-2017 - SCHEDULE 01 - THE FIRST SCHEDULE (See section 2) THE FINANCE BILL, 2017 Rate of income-tax in case of companies. In the case of domestic companies the rate of income-tax shall be twenty-five per cent. of the total income where the .....

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te of tax will continue to be the same as that specified for assessment year 2017-2018. Surcharge in the case of domestic companies having total income above one crore rupees but not above ten crore rupees shall be levied at the rate of seven per cen .....

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rore rupees, surcharge shall be levied at the rate of two per cent. In the case of companies other than domestic companies having total income above ten crore rupees, surcharge shall be levied at the rate of five per cent. Marginal relief will be pro .....

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