TaxTMI Login
Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Optional 22% Tax Rate for Domestic Companies Under Clause 200, Enabling Simplified Taxation by Surrendering Specific Deductions and Incentives</h1> Clause 200 of the Income Tax Bill, 2025 introduces an optional concessional tax regime for domestic companies, offering a 22% tax rate in exchange for surrendering various deductions and incentives. The provision mirrors the existing Section 115BAA, allowing companies to simplify tax computation by forgoing specific exemptions. Companies must carefully evaluate the long-term implications, as the option is irrevocable and impacts future loss and depreciation set-offs, with special provisions for International Financial Services Centre units.
TaxTMI 
TaxTMI 