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Commentary

IN1.5.3 Other taxes in India

India

If a globally mobile individual incorporates a domestic company in India or a LLP, the following tax rates will apply.

Tax rate for companies as per para E to First Schedule of the Finance Act 2023

Domestic company with total turnover or gross receipts in FY 2017/18 does not exceed INR 4 billion25%
Non-domestic company40%
Other

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