BUDGET 2014 - 15: Income Tax Rates For Firms

Income Tax Rates For Firms - including (LLP)

(1) Firms (including LLPs (limited liability partnership)) are taxable at 30%.

(2) A 10% surcharge is applicable if the total income exceeds Rs. 10,000,000. Marginal relief available


(3) A 3% education cess applicable on income-tax (inclusive of surcharge, if any).
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