(measure: percent; Source: The World Bank (doing business survey))
* indicates monthly or quarterly data series
India: Tax rate, percent of commercial profits
For that indicator, The World Bank (doing business survey) provides data for India from 2013 to 2019. The average value for India during that period was 54.41 percent with a minimum of 49.7 percent in 2019 and a maximum of 56.2 percent in 2016.
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Definition: Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.