#1
15th April 2016, 12:26 PM
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Corporate Tax Rate
I want to know the India Corporate Tax rate so can you please tell me? Also tell me the change of tax rate from previous year?
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#2
15th April 2016, 12:28 PM
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Re: Corporate Tax Rate
Corporate Tax Rate in India is reported by the Ministry of Finance, Government of India. The Corporate Tax Rate in India stands at 34.61 percent. India Corporate Tax rate (2016) Corporate Tax Rate in India averaged 35.02 percent from 1997 until 2015, reaching an all time high of 38.95 percent in 2001 and a record low of 32.44 percent in 2011. Actual Previous Highest Lowest Dates Unit Frequency 34.61 33.99 38.95 32.44 1997 - 2015 percent Yearly In India, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. India Taxes Last Previous Highest Lowest Unit Corporate Tax Rate 34.61 33.99 38.95 32.44 percent Personal Income Tax Rate 33.99 33.99 33.99 30 percent Sales Tax Rate 14.5 14 14.5 12.36 percent Social Security Rate 24 24 24 24 percent Social Security Rate For Companies 12 12 12 12 percent Social Security Rate For Employees 12 12 12 12 percent |