Tax Rates For Ay 2024-25 For Companies. An individual wishing to pay tax as per the slab rates in the old tax regime has to opt out of the default section 115bac now. Income tax slabs are usually not applicable to indian companies.
The rate of income tax will be maintained at companies where turnover does not exceed rs. 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.
Tax Rates For Ay 2024-25 For Companies Images References :