Social Security Rate For Companies in India remained unchanged at 12 percent in 2020 from 12 percent in 2019. source: Ministry of Finance, Government of India

Social Security Rate For Companies in India is expected to reach 12.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Social Security Rate For Companies is projected to trend around 12.00 percent in 2022, according to our econometric models.

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India Social Security Rate For Companies

Actual Previous Highest Lowest Dates Unit Frequency
12.00 12.00 12.00 12.00 2008 - 2021 percent Yearly

India Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 25.17 25.17 38.95 25.17 percent [+]
Personal Income Tax Rate 42.74 42.74 42.74 30.00 percent [+]
Sales Tax Rate 18.00 18.00 18.00 12.36 percent [+]
Social Security Rate 24.00 24.00 24.00 24.00 percent [+]
Social Security Rate For Companies 12.00 12.00 12.00 12.00 percent [+]
Social Security Rate For Employees 12.00 12.00 12.00 12.00 percent [+]


India Social Security Rate For Companies
In India, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of India because they help to pay for many social programs including welfare, health care and many other benefits.