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Corporate Income Tax Calculator

Taxable Income:

₹ 0

Base Tax :

₹ 0

Cess (4%) :

₹ 0

Surcharge :

₹ 0

Total Tax Payable :

₹ 0

After-Tax Income

0

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Smart tax filing and compliance with TallyPrime

  • 1 Accurate GST and statutory calculations
  • 2 Seamless income and expense tracking
  • 3 Smart, audit-ready financial reports
  • 4 Always aligned with the latest regulatory changes
  • 5 Reliable support and expert assistance
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How to use the corporate income tax calculator?

Using the tax calculator for business income is simple and hassle-free.

1

Enter your Taxable Income in the input field.

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2

Add the total deductions amount here.

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3

Select the Applicable Tax Rate from the dropdown.

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4

Click Calculate to view your tax liability instantly.

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Rates applicable for corporate income

Income Turnover does not exceed INR 4 billion in financial year (FY) 2023/24 For other domestic companies Foreign companies having permanent establishment (PE) in India
Basic Effective* Basic Effective* Basic Effective*
Less than 10 million Indian rupees (INR) 25 26.00 30 31.20 35 36.40
More than INR 10 million but less than INR 100 million 25 27.82 30 33.38 35 37.13
More than INR 100 million 25 29.12 30 34.94 35 38.22

Benefits of calculating business income tax in advance

Better financial planning icon

Knowing your tax liability helps allocate resources efficiently and avoid last-minute surprises.

Avoid penalties icon

Timely tax calculations ensure you meet advance tax deadlines, avoiding penalties for underpayment.

Optimize deductions icon

Early calculations highlight areas where you can claim deductions, reducing your tax liability legally.

Taxable Income ₹100,000

Tax ₹18000


After-Tax Income ₹82000

Take the stress out of business compliance

From invoicing to expense tracking, TallyPrime keeps your financials in order so you’re always prepared—whether it’s for audits, filings, or smarter decision-making.

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Frequently Asked Questions (FAQs)

Who can use the corporate income tax calculator? Toggle FAQ

The calculator is designed for businesses looking to estimate their tax liability based on their taxable income and applicable corporate tax rate.

Is this calculator suitable for foreign companies operating in India? Toggle FAQ

Yes, foreign companies with a presence in India can use the calculator by selecting the appropriate tax rate applicable to them.

Can TallyPrime help with more than just tax calculations? Toggle FAQ

Yes, TallyPrime is a complete business management solution that handles accounting, inventory, payroll, compliance, and insightful reporting—all in one platform.

Why should I choose TallyPrime for my business tax needs? Toggle FAQ

TallyPrime not only ensures accurate and compliant tax filing but also grows with your business, making it a long-term, reliable partner in your financial journey.