Foreign Companies Tax Rates in India

Income Tax Rates for Foreign Companies in India (As Amended By Finance Act, 2014)


 

Foreign companies in India are liable to pay tax @ 40% on their net income, i.e. after deducting all the expenses subject to allowance by Income tax act, 1961. Further, Foreign companies are also liable to pay surcharge on their income if total income is more than one crore rupees.

The surcharge rates are as follows: (source https://www.incometaxindiaefiling.gov.in/)

If total income is more than one crore but less than 10 crores

Surcharge will be @2% on total tax

If total income is more than ten crores

Surcharge will be @5% on total tax


 

Further, the rate is also increased by 3% on account of Education cess.


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