Business Taxes Due 2024 In India. ** effective tax rates include surcharge and health and education cess of 4%. Indian businesses are facing a higher tax outgo due to a new law that requires them to clear outstanding dues to small and micro vendors within 45 days.

If you file your itr after the due date, you’ll be liable to pay a late fee of. Budget 2024 key highlights & updates, union budget 2024 outcomes, new income tax slab announcements: