## About Us

S.No.

1

2

3

4

5

6

7

8

Taxable income

Where the taxable income does not exceed Rs. 400,000

Where the taxable income exceeds Rs.400,000 but does not exceed Rs.750,000

Where the taxable income exceeds Rs.750,000 but does not exceed Rs.1,500,000

Where the taxable income exceeds Rs.750,000 but does not exceed Rs.1,500,000

Where the taxable income exceeds Rs.1,500,000 but does not exceed Rs.2,500,000

Where the taxable income exceeds Rs.2,500,000 but does not exceed Rs.4,000,000

Where the taxable income exceeds Rs.4,000,000 but does not exceed Rs.6,000,000

Where the taxable income exceeds Rs.6,000,000

Rate of tax

0%

10% of the amount exceeding Rs.400,000

10% of the amount exceeding Rs.400,000

Rs.35,000 + 15% of the amount exceeding Rs.750,000

Rs.147,500 + 20% of the amount exceeding Rs.1,500,000

Rs.347,500 + 25% of the amount exceeding Rs.2,500,000

Rs.722,500 + 30% of the amount exceeding Rs.4,000,000

Rs.1,322,500 + 35% of the amount exceeding Rs.6,000,000

S.No.

1

2

3

4

5

6

7

8

9

10

11

Taxable income

Where the taxable income does not exceed Rs.400,000

Where the taxable income exceeds Rs.400,000 but does not exceed Rs.750,000

Where the taxable income exceeds Rs.750,000 but does not exceed Rs.1,400,000

Where the taxable income exceeds Rs.1,400,000 but does not exceed Rs.1,500,000

Where the taxable income exceeds Rs.1,500,000 but does not exceed Rs.1,800,000

Where the taxable income exceeds Rs.1,800,000 but does not exceed Rs.2,500,000

Where the taxable income exceeds Rs.2,500,000 but does not exceed Rs.3,000,000

Where the taxable income exceeds Rs.3,000,000 but does not exceed Rs.3,500,000

Where the taxable income exceeds Rs.3,500,000 but does not exceed Rs.4,000,000

Where the taxable income exceeds Rs.4,000,000 but does not exceed Rs.7,000,000

Where the taxable income exceeds Rs.7,000,000

Rate of tax

0%

5% of the amount exceeding Rs.400,000

Rs.17,500 + 10% of the amount exceeding Rs.750,000

Rs.82,500 + 12.5% of the amount exceeding Rs.1,400,000

Rs.95,000 + 15% of the amount exceeding Rs.1,500,000

Rs.140,000 + 17.5% of the amount exceeding Rs.1,800,000

Rs.262,500 + 20% of the amount exceeding Rs.2,500,000

Rs.362,500 + 22.5% of the amount exceeding Rs.3,000,000

Rs.475,000 + 25% of the amount exceeding Rs.3,500,000

Rs.600,000 + 27.5% of the amount exceeding Rs.4,000,000

Rs.1,425,000 + 30% of the amount exceeding Rs.7,000,000

1

2

3

4

Small Companies

Banking Companies Tax Year 2013

Banking Companies Tax Year 2014

Any other Company

25%

35%

34%

35%

S #

1

2

3

4

5

6

Taxable Income

Where taxable income does not exceed Rs.350,000

Where taxable income exceeds Rs.350,000 but does not exceed Rs.500,000

Where taxable income exceeds Rs.500,000 but does not exceed Rs.750,000

Where taxable income exceeds Rs.750,000 but does not exceed Rs.1,000,000

Where taxable income exceeds Rs.1,000,000 but does not exceed Rs.1,500,000

Where taxable income exceeds Rs.1,500,000

Rate of Tax

0%

5%

10%

15%

20%

25%

S #

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

Taxable Income

Where taxable income does not exceed Rs.350,000

Where taxable income exceeds Rs.350,000 but does not exceed Rs.400,000

Where taxable income exceeds Rs.400,000 but does not exceed Rs.450,000

Where taxable income exceeds Rs.450,000 but does not exceed Rs.550,000

Where taxable income exceeds Rs.550,000 but does not exceed Rs.650,000

Where taxable income exceeds Rs. 650,000but does not exceed Rs.750,000

Where taxable income exceeds Rs.750,000 but does not exceed Rs.900,000

Where taxable income exceeds Rs.900,000 but does not exceed Rs.1,050,000

Where taxable income exceeds Rs.1,050,000 but does not exceed Rs.1,200,000

Where taxable income exceeds Rs.1,200,000 but does not exceed Rs.1,450,000

Where taxable income exceeds Rs.1,450,000 but does not exceed Rs.1,700,000

Where taxable income exceeds Rs.1,700,000 but does not exceed Rs.1,950,000

Where taxable income exceeds Rs. 1,950,000but does not exceed Rs.2,250,000

Where taxable income exceeds Rs. 2,250,000 but does not exceed Rs.2,850,000

Where taxable income exceeds Rs. 2,850,000 but does not exceed Rs.3,550,000

Where taxable income exceeds Rs. 3,550,000 but does not exceed Rs.4,550,000

Where taxable income exceeds Rs.4,550,000

Rate of Tax

0%

1.5%

2.50%

3.50%

4.50%

6.00%

7.50%

9.00%

10.00%

11.00%

12.50%

14.00%

15.00%

16.00%

17.50%

18.50%

20.00%

S #

1

2

3

4

Gross amount of rent

Where the gross amount of rent does not exceed Rs.150,000.

Where the gross amount of rent exceeds Rs.150,000 but does not exceed Rs.400,000.

Where the gross amount of rent exceeds Rs.400,000 but does not exceed Rs.1,000,000.

Where the gross amount of rent exceeds Rs.1,000,000

Rate of tax

Nil

5 per cent of the gross amount exceeding Rs.150,000.

Rs.12,500 plus 7.5 per cent of the gross amount exceeding Rs.400,000.

Rs.57,500 plus 10 per cent of the gross amount exceeding Rs.1,000,000

S #

1

2

3

4

5

6

Taxable Income

Where taxable income does not exceed Rs.300,000

Where taxable income exceeds Rs.300,000 but does not exceed Rs.500,000

Where taxable income exceeds Rs.500,000 but does not exceed Rs.750,000

Where taxable income exceeds Rs.750,000 but does not exceed Rs.1,000,000

Where taxable income exceeds Rs.1,000,000 but does not exceed Rs.1,500,000

Where taxable income exceeds Rs.1,500,000

Rate of Tax

0%

7.5%

10%

15%

20%

25%

S #

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

Taxable Income

Where taxable income does not exceed Rs.300,000

Where taxable income exceeds Rs.300,000 but does not exceed Rs.350,000

Where taxable income exceeds Rs.350,000 but does not exceed Rs.400,000

Where taxable income exceeds Rs.400,000 but does not exceed Rs.450,000

Where taxable income exceeds Rs.450,000 but does not exceed Rs.550,000

Where taxable income exceeds Rs.550,000 but does not exceed Rs.650,000

Where taxable income exceeds Rs. 650,000but does not exceed Rs.750,000

Where taxable income exceeds Rs.750,000 but does not exceed Rs.900,000

Where taxable income exceeds Rs.900,000 but does not exceed Rs.1,050,000

Where taxable income exceeds Rs.1,050,000 but does not exceed Rs.1,200,000

Where taxable income exceeds Rs.1,200,000 but does not exceed Rs.1,450,000

Where taxable income exceeds Rs.1,450,000 but does not exceed Rs.1,700,000

Where taxable income exceeds Rs.1,700,000 but does not exceed Rs.1,950,000

Where taxable income exceeds Rs. 1,950,000but does not exceed Rs.2,250,000

Where taxable income exceeds Rs. 2,250,000 but does not exceed Rs.2,850,000

Where taxable income exceeds Rs. 2,850,000 but does not exceed Rs.3,550,000

Where taxable income exceeds Rs. 3,550,000 but does not exceed Rs.4,550,000

Where taxable income exceeds Rs.4,550,000

Rate of Tax

0%

0.75%

1.5%

2.50%

3.50%

4.50%

6.00%

7.50%

9.00%

10.00%

11.00%

12.50%

14.00%

15.00%

16.00%

17.50%

18.50%

20.00%

S #

1

2

3

4

Gross amount of rent

Where the gross amount of rent does not exceed Rs.150,000

Where the gross amount of rent exceeds Rs.150,000 but does not exceed Rs.400,000

Where the gross amount of rent exceeds Rs.400,000 but does not exceed Rs.1,000,000

Where the gross amount of rent exceeds Rs.1,000,000

Rate of Tax

Nil

5 per cent of the gross amount exceeding Rs.150,000.

Rs.12,500 plus 7.5 per cent of the gross amount exceeding Rs.400,000.

Rs.57,500 plus 10 per cent of the gross amount exceeding Rs.1,000,000

S #

1

2

3

4

5

6

7

8

9

10

11

12

13

14

Taxable Income

Where taxable income does not exceed Rs.100,000

Where taxable income exceeds Rs.100,000 but does not exceed Rs.110,000

Where taxable income exceeds Rs.110,000 but does not exceed Rs.125,000

Where taxable income exceeds Rs.125,000 but does not exceed Rs.150,000

Where taxable income exceeds Rs.150,000 but does not exceed Rs.175,000

Where taxable income exceeds Rs.175,000 but does not exceed Rs.200,000

Where taxable income exceeds Rs.200,000 but does not exceed Rs.300,000

Where taxable income exceeds Rs.300,000 but does not exceed Rs.400,000

Where taxable income exceeds Rs.400,000 but does not exceed Rs.500,000

Where taxable income exceeds Rs.500,000 but does not exceed Rs.600,000

Where taxable income exceeds Rs.600,000 but does not exceed Rs.800,000

Where taxable income exceeds Rs.800,000 but does not exceed Rs.1,000,000

Where taxable income exceeds Rs.1,000,000 but does not exceed Rs.1,300,000

Where taxable income exceeds Rs.1,300,000

Rate of Tax

0%

0.5%

1.00%

2.00%

3.00%

4.00%

5.00%

7.5%

10.00%

12.50%

15.00%

17.50%

21.00%

25.00%

S #

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

Taxable Income

Where taxable income does not exceed Rs.200,000

Where taxable income exceeds Rs.200,000 but does not exceed Rs.250,000

Where taxable income exceeds Rs.250,000 but does not exceed Rs.350,000

Where taxable income exceeds Rs.350,000 but does not exceed Rs.400,000

Where taxable income exceeds Rs.400,000 but does not exceed Rs.450,000

Where taxable income exceeds Rs.450,000 but does not exceed Rs.550,000

Where taxable income exceeds Rs. 550,000but does not exceed Rs.650,000

Where taxable income exceeds Rs.650,000 but does not exceed Rs.750,000

Where taxable income exceeds Rs. 750,000 but does not exceed Rs. 900,000

Where taxable income exceeds Rs. 900,000but does not exceed Rs. 1,050,000

Where taxable income exceeds Rs. 1,050,000but does not exceed Rs. 1,200,000

Where taxable income exceeds Rs. 1,200,000but does not exceed Rs. 1,450,000

Where taxable income exceeds Rs. 1,450,000but does not exceed Rs. 1,700,000

Where taxable income exceeds Rs. 1,700,000but does not exceed Rs. 1,950,000

Where taxable income exceeds Rs. 1,950,000but does not exceed Rs. 2,250,000

Where taxable income exceeds Rs. 2,250,000but does not exceed Rs. 2,850,000

Where taxable income exceeds Rs. 2,850,000but does not exceed Rs. 3,550,000

Where taxable income exceeds Rs. 3,550,000 but does not exceed Rs. Rs.4,550,000

Where taxable income exceeds Rs. 4,550,000 but does not exceed Rs. Rs.8,650,000

Where taxable income exceeds Rs. Rs.8,650,000

Rate of Tax

0%

0.5%

0.75%

1.50%

2.50%

3.50%

4.50%

6.00%

7.50%

9.00%

10.00%

11.00%

12.50%

14.00%

15.00%

16.00%

17.50%

18.50%

19.00%

20.00%

S #

1

2

3

4

Gross amount of rent

Where the gross amount of rent does not exceed Rs.150,000.

Where the gross amount of rent exceeds Rs.150,000 but does not exceed Rs.400,000

Where the gross amount of rent exceeds Rs.400,000 but does not exceed Rs.1,000,000

Where the gross amount of rent exceeds Rs.1,000,000.

Rate of Tax

Nill

5 per cent of the gross amount exceeding Rs.150,000

Rs.12,500 plus 7.5 per cent of the gross amount exceeding Rs.400,000

Rs.57,500 plus 10 per cent of the gross amount exceeding Rs.1,000,000.