Mat Rate For Ay 2024-25 202425 Rate

Mat Rate For Ay 2024-25 202425 Rate. 7% if the taxable income is between rs.1 crore and rs.10 crore & 12% if the taxable income exceeds rs.10 crores the surcharge shall be subject to marginal relief. The tax calculation as per the.

Stay compliant to avoid penalties. In india, income tax is calculated using income tax slabs and rates for the applicable financial year (fy) and assessment year (ay).