A company which is not a domestic company will pay income tax at the rate of:-
Explanation & Strategy
Click any section to expand · only one open at a time
A company that is not a domestic company (i.e., a foreign company) pays income tax at the rate of 40% on its income in India, plus applicable surcharge and cess. Domestic companies pay lower rates (25% or 30% depending on turnover). This rate differential reflects the policy of encouraging domestic incorporation.