Corporate Tax

Tax Glossary Definition

Corporate Tax

Corporate tax is the tax imposed on the profits earned by companies under the Income Tax Act. It applies to both domestic and foreign companies, with specific rates and provisions depending on the type of company and chosen tax regime. Corporate tax ensures that companies contribute a share of their profits to the government.

Example: A domestic company opting for the new tax regime under Section 115BAA pays corporate tax at 22% on its net profits.

India's Most Trusted
Pro Tax Filer

Discover why we're one of India's most trusted Pro Tax Filers, built on a foundation of accuracy and reliability.

  • We ensure maximum tax benefits.

  • Taxes? Handled by our CAs and experts.

  • Reliable, year-round tax support at no cost.

  • Satisfaction or your money back came twice.

Start Filing

Scan the QR code to Download the app

Mobile App Available on:

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App

Have Questions? Let’s Talk!

Chat With Us

Scan to chat

Scan QR Code

OR
Start Chat
Mobile Apps Available On
This feature is available on our mobile app. Get the app now to access this feature!

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App