Income Tax in 🇮🇳 India

Tax brackets, effective rates, and net income calculations. Data from official government sources.

Taxation in India, with a score of 50/100, presents a nuanced landscape. The tax revenue to GDP stands at 17%, and corporate tax is 25.17%, with VAT at 18%. For individuals, income tax brackets range from 0% for incomes up to 300,000 rupees to 30% for incomes exceeding 1,500,000 rupees (approximately $18,000 USD). Navigating these progressive rates, alongside a notable 1200% social contributions figure (which likely reflects employer contributions or specific statutory payments), requires precise understanding, especially for those working remotely for foreign entities.

Data last updated: May 2026 · Sources: Official tax brackets and social contributions from India fiscal authority. See methodology.