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Personal Income Tax Rate in India

Tax Rate For Individuals in India

Indicator Data Period
Personal Income Tax Rate 35.88 % 2020


Latest data on Personal Income Tax Rate (%)

Personal Income Tax Rate
                     India - Historical Data (%)

What is personal tax rate in India?

  • Personal Income Tax Rate in India remained unchanged at 35.88 % in 2020. The maximum rate was 35.88 % and minimum was 30 %.
  • Data published Yearly by Ministry of Finance.

Historical Data (%) by years

Data
Period
Date
35.88 2020 03.02.2020
35.88 2018 25.09.2018
35.54 2016 11.08.2017
34.61 2015 31.12.2015
33.99 2014 31.12.2014
33.99 2013 31.12.2013
30.9 2012 31.12.2012
30.9 2011 31.12.2011


Historical Chart by presidents (%)

Personal Income Tax Rate in India by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Ram Kovind 25.07.2017 - 35.5400 35.5400 35.5400 35.5400 0.00%
Pranab Mukherjee 25.07.2012 - 25.07.2017 30.9000 35.5400 35.5400 30.9000 15.02%
Pratibha Patil 25.07.2007 - 25.07.2012 30.0000 30.9000 30.9000 30.0000 3.00%
Avul Jainulabdeen 25.07.2002 - 25.07.2007 30.0000 30.0000 30.0000 30.0000 0.00%

Other taxes in India

Index Updated Actual Previous
Corporate Tax Rate 2021 25.17 % 25.17
Sales Tax Rate 2021 18 % 18
Social Security Rate 2020 24 % 24

Personal Income Tax Rate in other countries

Country Updated Actual Previous
Bangladesh 2019 30 % 30
Jordan 2018 20 % 20
Mongolia 2019 10 % 10
Tajikistan 2021 13 % 13
Cambodia 2020 20 % 20
China 2020 45 % 45
Georgia 2020 20 % 20
India 2020 35.88 % 35.88
Israel 2021 50 % 50
Pakistan 2020 35 % 20
South Korea 2020 42 % 42
Taiwan 2020 40 % 40
Vietnam 2020 35 % 35
Armenia 2018 36 % 36
Hong Kong 2020 17 % 17
Indonesia 2020 30 % 30
Japan 2019 55.95 % 55.95
Kazakhstan 2020 10 % 10
Lebanon 2020 25 % 25
Macau 2021 12 % 12
Malaysia 2020 30 % 28
Philippines 2020 35 % 35
Qatar 2020 0 % 0
Singapore 2020 22 % 22
Sri Lanka 2021 24 % 24
Thailand 2020 35 % 35
Oman 2021 0 % 0
Laos 2020 25 % 24
Azerbaijan 2020 25 % 25
Kuwait 2020 0 % 0
Saudi Arabia 2021 0 % 0
Bahrain 2020 0 % 0
United Arab Emirates 2019 0 % 0
Yemen 2020 15 % 15
Uzbekistan 2021 12 % 12
Iraq 2020 15 % 15
Syria 2019 22 % 22
Afghanistan 2019 20 % 20
Brunei 2020 0 % 0
Mauritius 2020 15 % 15