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Corporate Tax & Transfer Pricing

Effective tax rates for manufacturing, services, and the complexities of India's transfer pricing regulations.

Effective Tax Calculator (FY24-25)

The Shift to Concessional Regimes

India completely overhauled its corporate tax structure in 2019 to compete with Vietnam and Thailand. The introduction of Section 115BAB lowered the base corporate tax rate to 15% (17.16% effective) for newly incorporated manufacturing companies.

Transfer Pricing: The Audit Magnet

Any transaction between the Indian subsidiary and the foreign parent (management fees, royalties, software licenses) falls under Transfer Pricing (TP) regulations. India requires maintenance of strict TP documentation and an Accountant's Report (Form 3CEB) if transactions exceed ₹1 Crore.

Crucial Data Point: Over 60% of tax litigation for foreign MNEs in India stems from Transfer Pricing adjustments by the assessing officer disputing the 'Arm's Length Price'.