|
Particulars
|
Rate
|
|---|---|
|
If total income exceeds Rs. 50 lakhs but not exceeding Rs. 1 Cr. |
10% of the income tax |
|
If total income exceeds Rs. 1 crore but not exceeding Rs. 2 Cr. |
15% of the income tax |
|
If total income exceeds Rs. 2 crore but not exceeding Rs. 5 Cr. |
25% of the income tax |
|
If total income exceeds Rs. 5 crore |
37% of the income tax |
|
Education cess |
4% of income tax plus surcharge |