What will be the taxation of a domestic one-person company at 25 percentage or 30 percentage?

For F.Y. 2018-2019 (A.Y. 2019-20) all types of domestic companies whether it is Private Company or Public Company or One Person Company will be tax at rate of 30%. However, if gross receipts or turnover does not exceeds Rs. 250 Crore then rate of tax will be 25%. Additionally surcharge will be charged at the following rate.

7% - if total income exceeds Rs. 1 Crore

12% - if total income exceeds Rs. 10 Crore

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