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Taxes on Income, Profits and Capital Gains (Local Currency) in India

Source: World Bank
Last Updated: July 1, 2023

Taxes on income, profits and capital gains reached INR 11,390 bil in 2018 in India, according to the National Statistical Office. This is 14.2% more than in the previous year.

Historically, taxes on income, profits and capital gains in India reached an all time high of INR 11,390 bil in 2018 and an all time low of INR 16.0 bil in 1974.

India has been ranked 7th within the group of 122 countries we follow in terms of taxes on income, profits and capital gains.

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