Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Social Security Rate for Companies and Employees in India

Social Security Rate Data in India

Indicator Data Period
Social Security Rate 24 % 2021
Social Security Rate For Companies 12 % 2021
Social Security Rate For Employees 12 % 2021


Latest data on Social Security Rate (%)

Social Security Rate
                     India - Historical Data (%)

What is Social Security Rate in India?

  • Social Security Rate in India remained unchanged at 24 % in 2021. The maximum rate was 24 % and minimum was 24 %.
  • Data published Yearly by Ministry of Finance.

Historical Data (%) by years

Data
Period
Date
24 2021 03.06.2021
24 2020 09.03.2021
24 2019 28.04.2020
24 2018 13.02.2018
24 2016 11.08.2017
24 2015 31.12.2015
24 2014 31.12.2014
24 2013 31.12.2013


Historical Chart by presidents (%)

Social Security Rate in India by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Ram Kovind 25.07.2017 - 24.0000 24.0000 24.0000 24.0000 0.00%
Pranab Mukherjee 25.07.2012 - 25.07.2017 24.0000 24.0000 24.0000 24.0000 0.00%
Pratibha Patil 25.07.2007 - 25.07.2012 24.0000 24.0000 24.0000 24.0000 0.00%


Latest data on Social Security Rate For Companies (%)

Social Security Rate For Companies
                     India - Historical Data (%)

What is Social Security Rate For Companies in India?

  • Social Security Rate in India remained unchanged at 12 % in 2021. The maximum rate was 12 % and minimum was 12 %.
  • Data published Yearly by Ministry of Finance.

Historical Data (%) by years

Data
Period
Date
12 2021 03.06.2021
12 2020 09.03.2021
12 2019 28.04.2020
12 2018 16.02.2018
12 2016 11.08.2017
12 2015 31.12.2015
12 2014 31.12.2014
12 2013 31.12.2013


Historical Chart by presidents (%)

Social Security Rate For Companies in India by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Ram Kovind 25.07.2017 - 12.0000 12.5000 12.5000 12.0000 4.17%
Pranab Mukherjee 25.07.2012 - 25.07.2017 12.0000 12.0000 12.0000 12.0000 0.00%
Pratibha Patil 25.07.2007 - 25.07.2012 12.0000 12.0000 12.0000 12.0000 0.00%


Latest data on Social Security Rate For Employees (%)

Social Security Rate For Employees
                     India - Historical Data (%)

What is employer Social Security rate in India?

  • Corporate Tax Rate in India remained unchanged at 12 % in 2021. The maximum rate was 12 % and minimum was 12 %.
  • Data published Yearly by Ministry of Finance.

Historical Data (%) by years

Data
Period
Date
12 2021 03.06.2021
12 2020 09.03.2021
12 2019 28.04.2020
12 2018 12.02.2018
12 2016 11.08.2017


Historical Chart by presidents (%)

Social Security Rate For Employees in India by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Ram Kovind 25.07.2017 - 12.0000 12.0000 12.0000 12.0000 0.00%

Other taxes in India

Index Updated Actual Previous
Corporate Tax Rate 2021 25.17 % 25.17
Personal Income Tax Rate 2021 42.74 % 42.74
Sales Tax Rate 2021 18 % 18

Social Security Rate in other countries

Country Updated Actual Previous
Jordan 2021 21.75 % 21.75
Mongolia 2021 28 % 26
Tajikistan 2022 22 % 26
China 2021 39.02 % 39.02
India 2021 24 % 24
Israel 2021 19.6 % 19.6
South Korea 2021 19.24 % 18.94
Taiwan 2021 15.76 % 14.02
Vietnam 2021 32 % 32
Armenia 2022 5 % 7
Indonesia 2021 7.74 % 7.74
Japan 2021 31.52 % 30.68
Kazakhstan 2021 5.5 % 3.5
Lebanon 2021 25.5 % 25.5
Malaysia 2021 21 % 23
Philippines 2021 12 % 11.36
Qatar 2021 0 % 0
Singapore 2021 37 % 37
Sri Lanka 2021 20 % 20
Thailand 2021 10 % 10
Laos 2021 11.5 % 11.5
Azerbaijan 2022 25 % 25
Kuwait 2021 22 % 22
Saudi Arabia 2021 22 % 22
Bahrain 2020 19 % 19
United Arab Emirates 2021 17.5 % 17.5
Uzbekistan 2022 12 % 32
Iraq 2021 17 % 17
Mauritius 2021 9 % 9