India: Income and profits taxes
* indicates monthly or quarterly data series
| India |
Income, profits, and capital gains taxes: percent of revenue |
|---|---|
| Latest value | 34.83 |
| Year | 2022 |
| Measure | percent |
| Data availability | 1974 - 2022 |
| Average | 28.11 |
| Min - Max | 13.87 - 50.27 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2022 is 34.83 percent, a decline from 45.65 percent in 2018. In comparison, the world average is 26.59 percent, based on data from 113 countries. Historically, the average for India from 1974 to 2022 is 28.11 percent. The minimum value, 13.87 percent, was reached in 1987 while the maximum of 50.27 percent was recorded in 2009.
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* indicates monthly or quarterly data series
| Recent values | India: Income and profits taxes |
|---|---|
| 2022 | 34.83 |
| 2018 | 45.65 |
| 2017 | 45.77 |
| 2016 | 42.47 |
| 2015 | 42.86 |
| 2014 | 47.67 |
| 2013 | 46.58 |
| 2012 | 44.84 |
Definition: Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 10.77 | 2025 | percent |
| Government spending, in dollars | 426.05 | 2025 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -7.90 | 2024 | percent |
| Primary budget balance | -2.91 | 2024 | percent |
| Government expenditure | 9,776.57 | Q2/2026 | billion |
| Long-term interest rate | 6.78 | 7/2026 | percent |
| Tax revenue | 6.93 | 2022 | percent |
| Taxes on goods and services | 32.60 | 2022 | percent |
| Taxes on international trade | 5.49 | 2022 | percent |
| Income and profits taxes | 34.83 | 2022 | percent |
| Foreign aid | 2,376.56 | 2023 | million U.S. dollars |
| Government debt | 81.64 | 2024 | percent |
| Government debt held by non-residents | 4.44 | 2024 | percent |
| Sovereign debt average maturity | 11.88 | 2024 | percent |
| Short-term government debt | 3.60 | 2024 | percent |