<Tr> <Td> (i) where its total turnover or the gross receipt in the previous year 2015 - 16 does not exceed fifty crore rupees; </Td> <Td> 25 per cent. of the total income; </Td> </Tr> <Tr> <Td> (ii) other than that referred to in item (i) </Td> <Td> 30 per cent. of the total income; </Td> </Tr> <Tr> <Td_colspan="2"> Surcharge on income - tax <P> (a) having a total income exceeding one crore rupees but not exceeding ten crore rupees, at the rate of seven per cent. of such income - tax; and </P> <P> (b) having a total income exceeding ten crore rupees, at the rate of twelve per cent. of such income - tax; </P> </Td> </Tr> <P> (a) having a total income exceeding one crore rupees but not exceeding ten crore rupees, at the rate of seven per cent. of such income - tax; and </P>

When do i have to pay income tax in india