INCOME TAX RATES COMPANIES AY 2012-13 MAT DIVIDEND DISTRIBUTION TAX
Income tax rates on domestic companies for last four year has been given in table below.Three types of rates has been given in the table .First Income tax rates ,dividend distribution tax ,Minimum alternate tax . Tax rates are for assessment year 2012-13, assessment year 2011-12, assessment year 2010-11,ay 2009-10.Basic rates for companies are same ,however surcharge has been reduced to 5 % from 10% .Dividend Distribution tax rate are same in last four years .Mat(minimum alternate tax) rate has been increased in last four years.
Tages: companies tax rates, income tax rates , mat(minimum alternate tax ) ,dividend distribution tax (DDT)
| DOMESTIC COMPANY | 2009-10 | 2010-11 | 2011-12 | 2012-13 |
| Tax Rate | 30% | 30% | 30% | 30% |
| Surcharge (if net income > 1 Crore) | 10% | 10% | 7.5% | 5% |
| Min. Alt. Tax (MAT) (% of Book Profit)(115JB) | 10% | 15% | 18% | 18.5% |
| C/F of MAT Credit | 10 yrs | 10 yrs | 10 yrs | 10 yrs |
| Dividend Tax U/s 115-O | 15% | 15% | 15% | 15% |
| Surcharge | 10% | 10% | 7.5% | 5% |
| Edu. Cess & SHE Cess | 3% | 3% | 3% | 3% |
INCOME TAX RATES COMPANIES AY 2012-13 MAT DIVIDEND DISTRIBUTION TAX
2011-10-06T09:33:00-07:00
RAJA BABU
companies tax rates|dividend distribution tax (DDT)|income tax rates|mat(minimum alternate tax )|

