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%

  1. Income Tax
  2. Amendments Income Tax for May 2017 Exams
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About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides GST Training in Delhi. Register now.