Asia-Pacific
Currency
INR
Corporate Tax
25.17%
Personal Income Tax
30%
VAT / GST
18%
25% + 4% surcharge + cess = 25.17% (turnover <₹400cr); 22.22% (new regime 22%+cess); 34.94% for foreign cos.
New regime top 30% + 25% surcharge + 4% cess ≈ 39-42.7%; old regime up to 42.7%.
GST standard 18%; 5%, 12%, 28% slabs; 0% essentials; cess on sin goods.
Dividends
0-20%
Interest
0-40%
Royalties
0-10%
Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.
PF 24% (employer 12% + employee 12%); ESI 6.5% (employer 3.25% + employee 0.75%); capped for PF.
Capital Gains Tax
10–20% LTCG; STC at slab
Inheritance / Estate Tax
0%
Capital (Net Worth) Tax
0%
Property Tax
Property tax (municipal)
Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.
Treaties in force
~95
Key partners: USA, UK, Singapore, Mauritius, UAE, Netherlands
Large network; withholding typically 5%–15%. Treaty with Mauritius notable for capital gains.
Treaty counts are approximate and change as agreements are signed, ratified, or terminated. Verify the status and withholding rates under the specific treaty before relying on them.
1 April – 31 March
Notes
Equalisation Levy 2% on digital ads/online services. MAT 15%. SEZ units 0% CIT for first 5 years (then 50%).
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