y applying Ite statutory Indian income tax rate 01 34 61% to prof 4 before income taxes As of March 31‘ 2016 2014 Current tax — — Income tax at Irdian statutory rAe 34 61% 3461% Matisse (lOOLC1104) Al If ?Carle Wee Irripact of tax roactays 45 15% 63 27% Mien _ 043% Effective tax rate 7976