India: Income and profits taxes

For that indicator, we provide data for India from 1974 to 2018. The average value for India during that period was 27.97 percent with a minimum of 13.87 percent in 1987 and a maximum of 50.27 percent in 2009. The latest value from 2018 is 45.65 percent. For comparison, the world average in 2018 based on 127 countries is 24.29 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.