The Corporate Tax Rate in India stands at 34.94 percent. This dataset provides - India Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The corporate tax rate in India was forecast to continuously decrease between 2024 and 2029 by in total 1.4 percentage points. After the sixth consecutive decreasing year, the corporate tax rate is estimated to reach 28.2 percent and therefore a new minimum in 2029. Depicted is the corporate tax rate in the country or region at hand. The shown rate refers to the nominal top marginal tax rate. The actual rate usually varies considerably by company.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the corporate tax rate in countries like Sri Lanka and Bangladesh.

The value of corporation tax in India was estimated to grow to over ** trillion Indian rupees in the financial year 2026. This was a ** percent increase from the previous financial year. Corporate tax is a direct tax on the profits of corporations.

The corporation tax in India was estimated to have a GDP contribution of ***** percent in the financial year 2026, a slight decrease from 2025. Corporate tax is a direct tax on the net income or profits of corporations.

This dataset provides values for CORPORATE TAX RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Revenue for income and corporation taxes across state and central governments in India amounted to an estimated 8.4 trillion Indian rupees in financial year 2017. This was a tremendous increase from about 6.8 trillion rupees in fiscal year 2015. This segment of tax revenues up the highest value, followed by sales tax during the measured time period. Tax revenues totaled an estimated 26 trillion rupees in fiscal year 2017.

The Withholding Tax Rate in India stands at 20 percent. This dataset includes a chart with historical data for India Withholding Tax Rate.

Key information about India Tax Revenue

• India Tax Revenue was reported at 5.084 USD bn in Oct 2025.
• This is a decrease from the previous figure of 47.436 USD bn for Sep 2025.
• India Tax Revenue data is updated monthly, averaging 7.969 USD bn from Apr 1997 to Oct 2025, with 343 observations.
• The data reached an all-time high of 57.464 USD bn in Mar 2024 and a record low of -8.877 USD bn in Feb 2022.
• India Tax Revenue data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: USD: Monthly.

Income tax statistics: When we talk about income simultaneously, we consider income tax. Every country in this world apart from a few countries tax payable countries. There are many types of taxes that a person has to pay in his employment period. Be it a business or any individual doing a normal job, they are never exempted from paying income tax unless the income doesn’t fall under the predetermined slab. In these Income tax statistics, we will get an idea of what income tax is, how it is different in every country, and many other insights. It is not only the duty of the individual to pay taxes but also corporations that run their business within specified legal boundaries. What Refers To Income Tax? The word tax refers to the amount paid to the government on the income earned by any individual by means of business or employment within the local boundaries. It is not mandatory to pay taxes until the individual reaches the predetermined tax slab. Income tax is a part of the government’s revenue used to spend on public services or utilities. The income is used only for the good of the public within the specified boundaries (Source: Investopedia.com)

Time series data for the statistic Paying taxes (DB17-20 methodology) - Score and country India. Indicator Definition:The score for paying taxes is the simple average of the scores for each of the component indicators, the payments, time and total tax and contribution rate for a company to comply with tax laws in an economy, as well as the postfiling procedures to request and process a VAT refund claim and to comply with and complete a corporate income tax correction. The score is computed based on the methodology in the DB17-20 studies.

According to a 2021 survey conducted by the Fight Inequality Alliance in India, ** percent of respondents disagreed that corporations and wealthy individuals should receive tax rebates. ** percent of respondents agreed with this sentiment. In September 2019, corporate tax rates in India were cut from ** percent to ** percent, resulting in a considerable loss of tax revenue.

As per Indian Union Budget estimates for financial year 2025, direct taxes accounted for ** percent and indirect taxes accounted for ** percent of total central tax collection in India. The source mentions that due to a cut in the corporate tax rate in 2019 and an increase in excise duty in financial year 2021, the share of direct taxes witnessed a fall following 2019. In a progressive tax system, the share of direct taxes is higher than indirect taxes.

India: Tax revenue, percent of GDP: The latest value from 2022 is 6.73 percent, a decline from 12.02 percent in 2018. In comparison, the world average is 17.45 percent, based on data from 110 countries. Historically, the average for India from 1974 to 2022 is 9.7 percent. The minimum value, 6.73 percent, was reached in 2022 while the maximum of 12.11 percent was recorded in 2007.

India IN: Environmentally Related Taxes: % of Total Tax Revenue data was reported at 17.470 % in 2018. This records an increase from the previous number of 16.540 % for 2017. India IN: Environmentally Related Taxes: % of Total Tax Revenue data is updated yearly, averaging 15.325 % from Dec 2005 (Median) to 2018, with 14 observations. The data reached an all-time high of 19.400 % in 2016 and a record low of 12.650 % in 2007. India IN: Environmentally Related Taxes: % of Total Tax Revenue data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

Machine-readable dividend withholding-tax rate between United States and India. Part of Project Black Ledger’s dataset covering 2400 treaty provisions.

The share of unlisted companies in total corporate taxes paid in India stood at ** percent, higher than the share of listed companies which was over ** percent. There has not been large fluctuations in the share of listed and unlisted companies in corporate taxes in the last decade.

India IN: Energy Related Tax Revenue: % of Total Environmental Tax Revenue data was reported at 49.870 % in 2014. This records a decrease from the previous number of 50.840 % for 2013. India IN: Energy Related Tax Revenue: % of Total Environmental Tax Revenue data is updated yearly, averaging 56.920 % from Dec 2005 (Median) to 2014, with 10 observations. The data reached an all-time high of 65.170 % in 2005 and a record low of 49.870 % in 2014. India IN: Energy Related Tax Revenue: % of Total Environmental Tax Revenue data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.GGI: Environmental: Environmental Policy, Taxes and Transfers: Non OECD Member: Annual.

India Westpac Banking Corporation: Operating Expenses: Rent, Taxes and Lighting data was reported at 32.785 INR mn in 2018. This records a decrease from the previous number of 38.275 INR mn for 2017. India Westpac Banking Corporation: Operating Expenses: Rent, Taxes and Lighting data is updated yearly, averaging 38.945 INR mn from Mar 2013 (Median) to 2018, with 6 observations. The data reached an all-time high of 41.280 INR mn in 2015 and a record low of 31.413 INR mn in 2013. India Westpac Banking Corporation: Operating Expenses: Rent, Taxes and Lighting data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Banking Sector – Table IN.KBQ043: Foreign Banks: Income Statements: Westpac Banking Corporation.

India Corporation Bank: OE: Rent, Taxes and Lighting data was reported at 3,085.038 INR mn in 2018. This records an increase from the previous number of 2,948.014 INR mn for 2017. India Corporation Bank: OE: Rent, Taxes and Lighting data is updated yearly, averaging 581.600 INR mn from Mar 1990 (Median) to 2018, with 29 observations. The data reached an all-time high of 3,085.038 INR mn in 2018 and a record low of 63.100 INR mn in 1990. India Corporation Bank: OE: Rent, Taxes and Lighting data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.KBI009: Nationalised Banks: Income Statement: Corporation Bank.

Time series data for the statistic Paying taxes: Payments (number per year) and country India. Indicator Definition:The tax payments capture the total number of taxes and contributions paid, the method of payment, the frequency of payment, and the frequency of ?ling. It includes taxes withheld by the company, such as sales tax, VAT and employee-borne labor taxes.