India: Income and profits taxes

The latest value from 2018 is 45.65 percent, a decline from 45.77 percent in 2017. In comparison, the world average is 27.51 percent, based on data from 132 countries. Historically, the average for India from 1974 to 2018 is 27.97 percent. The minimum value, 13.87 percent, was reached in 1987 while the maximum of 50.27 percent was recorded in 2009. See the global rankings or world map 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.