13/09/2025
📝Minimum Tax – AY 2025-26:
Company= 1% (Industrial undertaking first 3 years 0.10%)
Trust=1%
Firm / AOP=1% if gross receipts 50 lakh or more
Proprietorship=1% if gross receipts 4 crore or more
To***co products=3%
Carbonated / Sweetened beverages = 3%
Mobile operators=1.5%
📌 For an industrial undertaking engaged in manufacturing goods, the rate will be 0.10% of gross receipts for the first three income years since commencement of commercial production.
👉 If minimum tax paid exceeds regular tax, the excess can be carried forward for adjustment in future years.
