Individual income tax in India

42.74 % in 2021

Individual income tax of India increased from 30 % in 2007 to 42.74 % in 2021 growing at an average annual rate of 2.71%.

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World Individual income tax in Asia
Japan 55.97 % in 2021 KPMG
China 45 % in 2021 KPMG
Pakistan 35 % in 2021 KPMG
Bangladesh 25 % in 2021 KPMG
Armenia 22 % in 2021 KPMG
Afghanistan 20 % in 2021 KPMG
Georgia 20 % in 2021 KPMG
Sri Lanka 18 % in 2021 KPMG
Mongolia 10 % in 2021 KPMG
Tax rates in India
Corporate Tax 30 % in 2021 KPMG
Indirect Tax Rate 18 % in 2021 KPMG