TAXATION IN INDIA

Corporate Tax Rates

Nature of entity:

Tax Rates

1- Indian company whether owned by foreigners or not :

A- If profit does not exceed 10 million Indian Rupees.
B- If profit exceeds 10 million Indian Rupees.

30.90%
33.22%

2- Branch office of a foreign company :

A- If profit does not exceed 10 million Indian Rupees.
B- If profit exceeds 10 million Indian Rupees.

41.20%
42.23%

3- Project office of a foreign company :

A- If profit does not exceed 10 million Indian Rupees.
B- If profit exceeds 10 million Indian Rupees.

41.20%
42.23%
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Distribution Of Profits
1- Indian companies are allowed to distribute profits by way of
Dividend. However companies would have to pay Dividend
Distribution Tax on amount distributed as dividend at following
rates.
Tax
Rates
A- If profit does not exceed 10 million Indian Rupees
B- If profit exceeds 10 million Indian Rupees

15.45%
16.61%

2- Foreign companies i.e. Branch offices and Project offices are not
required to pay any Dividend Distribution Tax.
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