Tax Chart for a Domestic Private Limited Company in India for Assessment Year (AY) 2025-26

Particulars	Tax Rate	Surcharge	Effective Tax Rate
Normal Domestic Company (Not opting for concessional tax)	30%	7% if income > ₹1 Cr 12% if income > ₹10 Cr	30% to 34.944%
Company under Section 115BA (engaged in manufacturing, registered on or after 01-Oct-2019 and opted for this section)	25%	7% if income > ₹1 Cr 12% if income > ₹10 Cr	25.17% to 29.12%
Company under Section 115BAA (concessional rate without incentives/deductions)	22%	10% flat surcharge regardless of income	25.168%
Company under Section 115BAB (new manufacturing company registered on or after 01-Oct-2019)	15%	10% flat surcharge regardless of income	17.16%

Health and Education Cess: 4% is applicable on the total of income tax and surcharge in all cases.
Minimum Alternate Tax (MAT):
- Applicable @15% (plus surcharge and cess) under normal provisions.
- Not applicable if company opts for 115BAA or 115BAB.
Dividend Distribution Tax (DDT): Abolished from FY 2020-21 onwards. Dividends are now taxable in the hands of shareholders.

Scenario	Tax Rate (Including surcharge & cess)
Regular Company (Income < ₹1 Cr)	30% + 4% = 31.2%
Company under 115BAA	22% + 10% = 25.168%
Company under 115BAB	15% + 10% = 17.16%

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