UNIVERSAL KNOWLEDGE HUB
Income Tax Slab Rates for F/Y 2016-17 AND F/Y 2015-16
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For the Assessment Year 2016-17 and 2017-18, a domestic company is taxable at 30%. However, for Assessment year 2017-18, tax rate is 29% if turnover or gross receipt of the company in the previous year 2014-15 does not exceed Rs. 5 crore.
Income Tax Slab Rates for F/Y 2014-15