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      Question

      What is the corporate tax rate for domestic companies in

      India?  
      A 20% Correct Answer Incorrect Answer
      B 25% Correct Answer Incorrect Answer
      C 30% Correct Answer Incorrect Answer
      D 35% Correct Answer Incorrect Answer
      E 40% Correct Answer Incorrect Answer

      Solution

      The corporate tax for domestic companies in India is 25% , which was continued in the Union Budget 2024-25.   However, the 2024-25 Budget has reduced the tax rate for foreign companies from 40% to 35% which will result in more investments and foreign inflows.  

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