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

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..... of income-tax shall be twenty-five per cent . of the total income where the total turnover or gross receipts of previous year 2015-2016 does not exceed fifty crore rupees and in all other cases the rate of income-tax shall be thirty per cent . of the total income. In the case of companies other than domestic companies, the rate of tax will continue to be the same as that specified for assessm .....

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..... ill be applicable at the rate of twelve per cent. Education Cess at the rate of two per cent. and Secondary and Higher Education Cess at the rate of one per cent. shall continue to be levied in all cases covered under Part III of the First Schedule. In the cases covered under Part II of the First Schedule, there will be no levy of the Education Cess and Secondary and Higher Education Cess o .....

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