Tax Comparison Calculator
Compare tax liability for a Partnership Firm vs a Private Limited Company
Partnership Firm
Firm Tax Rate: 31.2%*| ITEM | AMOUNT | TAX | TAX PAID BY |
|---|---|---|---|
| Book Profit | ₹0 | - | - |
|
Remuneration (Allowed) (31.2%)
90% of 1st 6L, 60%
Balance
|
₹0 | ₹0 | Partner |
| Net Taxable Profit (Firm) | ₹0 | ₹0 | Firm |
| Profit After Entity Tax | ₹0 | ₹0 | Partner |
| Total Tax Liability | - | ₹0 | - |
| EFFECTIVE TAX RATE | - | 0.00% | - |
Private Ltd Co.
Corporate Tax: 26%*| ITEM | AMOUNT | TAX | TAX PAID BY |
|---|---|---|---|
| Profit Level | ₹0 | - | - |
| Director Salary (31.2%) | ₹0 | ₹0 | Director |
| Net Taxable Profit (Co) | ₹0 | ₹0 | Company |
|
Do you want to keep all funds in company only?
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| Profit After Entity Tax (31.2%) | ₹0 | ₹0 | Shareholder |
| Total Tax Liability | - | ₹0 | - |
| EFFECTIVE TAX RATE | - | 0.00% | - |
*Rates used: Firm (30% + 4% Cess = 31.2%), Company (25% + 4% Cess = 26%). Individual tax on remuneration/salary is Calculated @ 31.2% (Flat).