Corporate Tax Rate in India remained unchanged at 25.17 percent in 2021 from 25.17 percent in 2020. source: Ministry of Finance, Government of India

Corporate Tax Rate in India averaged 33.75 percent from 1997 until 2021, reaching an all time high of 38.95 percent in 2001 and a record low of 25.17 percent in 2019. This page provides - India Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Corporate Tax Rate - values, historical data and charts - was last updated on August of 2021.

Corporate Tax Rate in India is expected to reach 35.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Corporate Tax Rate is projected to trend around 25.17 percent in 2022, according to our econometric models.

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India Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
25.17 25.17 38.95 25.17 1997 - 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 Corporate Tax Rate
In India, the Corporate Income tax rate refers to the highest effective rate for Corporate Income for domestic companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. Revenues from the Corporate Tax Rate are an important source of income for the government of India.