Taxes

Profits tax

Businesses are often subject to a tax called corporate income tax, which is imposed on their profits. This tax is separate from the ordinary income tax that individuals pay on their personal earnings. It is important for individuals to understand the distinction between the two forms of taxation and how they can impact a business's financial standing. Let's dive into the details of this important concept.

Related terms

Branch tax

Understand the meaning and definition of Branch tax in the context of stock market, trading, and investments.

MORE
Statute of limitations

Understand the meaning and definition of Statute of limitations in the context of stock market, trading, and investments.

MORE
World wide income

Understand the meaning and definition of World wide income in the context of stock market, trading, and investments.

MORE
Net profit margin

Understand the meaning and definition of Net profit margin in the context of stock market, trading, and investments.

MORE
Field audit

Understand the meaning and definition of Field audit in the context of stock market, trading, and investments.

MORE
Fiscal year

Understand the meaning and definition of Fiscal year in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers