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| Corporate Taxes |
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Corporate tax refers to a tax levied by various jurisdictions on the profits made by companies or associations. It is a tax on the value of the corporation’s profits. The corporate tax rate in India depends on the origin of the company.
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| Some of the tax rebates under corporate tax rate in India: |
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The gains pertaining to long term capital is subjected to low tax incidence
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The venture capital funds and venture capital companies has special tax provisions
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The Specula tax provisions are applicable for the non resident Indian's involved in activities in India
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Under the Finance Bill 1996, minimum alternative tax (MAT) on the corporate sector is levied
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