Ch 1 · Taxation of Companies & MAT

🗺️ Chart summary

Company Tax Regimes
       |
   Normal (25%/30%) + MAT 15%
       |
   115BAA (22%) — no MAT, surrender certain deductions
       |
   115BAB (15%) — new mfg, no MAT, strict conditions
       |
   Foreign Co — 35% on Indian source income