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  2. New Tax Regime - Wikipedia

    en.wikipedia.org/wiki/New_Tax_Regime

    It was proposed to cut highest surcharge rate to 25% from existing 37.5% under New Tax Regime for income exceeding ₹2 crore. This proposal would lead to a decrease in the maximum tax rate from the current 42.74% to 39%, which is one of the highest in the world.

  3. 2024 Union budget of India - Wikipedia

    en.wikipedia.org/wiki/2024_Union_budget_of_India

    The TDS rate for insurance commission, life insurance policy payments, rent payments, and commission or brokerage payments is proposed to be decreased from 5% to 2%. The TDS rate on payments made by e-commerce operators to e-commerce participants for the sale of goods or services is set to be reduced from 1% to 0.1%.

  4. 2024 Interim-Union budget of India - Wikipedia

    en.wikipedia.org/wiki/2024_Interim-Union_budget...

    The 2024 Interim-Union Budget of India [1] provides comprehensive information regarding the projected revenue and government spending for the fiscal year 2024–25, commencing on 1 April 2024 and concluding on 31st March 2025. [2] [3] [4]

  5. Income tax in India - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_India

    The tax rate is 25 percent for domestic companies. For new companies incorporated after 1 October 2019 and beginning production before 31 March 2023, the tax rate is 15 percent. Both rates apply only if a company claims no exemptions or concessions. For foreign companies, the tax rate is 40 percent (50 percent on royalties and technical services).

  6. List of public sector undertakings in India - Wikipedia

    en.wikipedia.org/wiki/List_of_public_sector...

    Indian Railway Finance Corporation: 1986 Ministry of Railways: Services Financial Services 91 Indian Rare Earths Limited: 1950 Department of Atomic Energy: Mumbai, Maharashtra: Mining Other Minerals & Metals 92 Indian Renewable Energy Development Agency: 1987 Ministry of New and Renewable Energy: New Delhi Services Financial Services Miniratna ...

  7. List of largest companies in India - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_companies...

    Name Industry Revenue (in ₹ Crore) Revenue growth Profits (in ₹ Crore) Headquarters State Controlled; 1 Reliance Industries Limited: Oil and gas: 920,274 25% 66,702 Mumbai: 2 Indian Oil Corporation: Oil and gas: 872,093 25% 9,792 New Delhi: Yes 3 Life Insurance Corporation: Insurance 792,427 9% 35,997 Mumbai Yes 4 Oil and Natural Gas ...

  8. List of countries by tax rates - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_tax_rates

    Map of the world showing national-level sales tax / VAT rates as of October 2019. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.

  9. Indian Accounting Standards - Wikipedia

    en.wikipedia.org/wiki/Indian_Accounting_Standards

    This shall be applied to the companies of financial year 2015-16 voluntarily and from 2016 to 2017 on a mandatory basis Based on the international consensus, the regulators will separately notify the date of implementation of Ind-AS for the banks, insurance companies etc. Standards for the computation of Tax has been notified as ICDS in ...

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