There is no change for in a rate of Partnership

Existing Income Tax Rate (Financial Year 2016 - 2017 or AY 2017-18)

Income Tax %
In all Cases 30%

 

Surcharge Rate

Income upto Surcharge rate
Upto 1 Cr 0%
>1 Cr 12%

 

Education Cess Rate

All cases 3%

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.