India Corporate Income Tax Calculator
Calculate your company's income tax liability based on the latest rates and provisions from the Income Tax Act
Based on PwC's Worldwide Tax Summaries for IndiaCompany Details & Income
Regular Tax Regime
Special Tax Rates
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Companies with turnover up to ₹400 crores qualify for reduced rate
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Income after claiming all deductions but before tax calculation
Base tax rate applicable to your company
Companies opting for these sections cannot claim certain exemptions/incentives
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Fixed rate under selected special provision
Tax Calculation Results
Total Income
₹0
Income Tax @ 0%
₹0
Surcharge @ 0%
₹0
Health & Education Cess @ 4%
₹0
Total Tax Liability
₹0
Effective Tax Rate: 0%
Corporate Income Tax Information
Standard Tax Rates
Domestic Companies:
- 25% - If turnover ≤ ₹400 crores in FY 2021-22
- 30% - If turnover > ₹400 crores in FY 2021-22
Foreign Companies:
- 40% flat rate on income received in India
Surcharge Rates
Domestic Companies (Regular):
- 7% if income > ₹1 crore but ≤ ₹10 crores
- 12% if income > ₹10 crores
Foreign Companies:
- 2% if income > ₹1 crore but ≤ ₹10 crores
- 5% if income > ₹10 crores
Special Provisions:
- 10% flat surcharge for Sections 115BAA & 115BAB
Special Tax Provisions
Section 115BAA:
- 22% base tax rate for domestic companies
- 10% surcharge (effectively 24.2%)
- Cannot claim specified deductions/incentives
- No turnover criterion
Section 115BAB:
- 15% base tax rate for new manufacturing companies
- 10% surcharge (effectively 16.5%)
- For companies set up after October 1, 2019
- Manufacturing must commence before March 31, 2024