The Personal Income Tax Rate in India stands at 35.88 percent. source: Ministry of Finance, Government of India

Personal Income Tax Rate in India averaged 32.39 percent from 2004 until 2020, reaching an all time high of 35.88 percent in 2018 and a record low of 30 percent in 2005. This page provides - India Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Personal Income Tax Rate - values, historical data and charts - was last updated on June of 2022.

Personal Income Tax Rate in India is expected to reach 35.88 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Personal Income Tax Rate is projected to trend around 35.88 percent in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
India Personal Income Tax Rate



Related Last Previous Unit Reference
Corporate Tax Rate 25.17 25.17 percent Dec 2021
Personal Income Tax Rate 42.74 42.74 percent Dec 2021
Sales Tax Rate 18.00 18.00 percent Dec 2021
Social Security Rate 24.00 24.00 percent Dec 2021
Social Security Rate For Companies 12.00 12.00 percent Dec 2021
Social Security Rate For Employees 12.00 12.00 percent Dec 2021

India Personal Income Tax Rate
In India, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals, including heath and education cess on tax and surcharge. Revenues from the Personal Income Tax Rate are an important source of income for the government of India.
Actual Previous Highest Lowest Dates Unit Frequency
42.74 42.74 42.74 30.00 2004 - 2021 percent Yearly