Firm income-tax rate continues unchanged, with surcharge for higher-income firms and marginal relief available. The rate of income-tax applicable to every firm continues at the same level as for the preceding assessment year for assessment year 2018-19. For firms ... Summary
Firm income-tax rate continues unchanged, with surcharge for higher-income firms and marginal relief available.
The rate of income-tax applicable to every firm continues at the same level as for the preceding assessment year for assessment year 2018-19. For firms with total income exceeding one crore rupees, a surcharge is levied at twelve per cent, and marginal relief is available where applicable.
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