Effective tax rates - Corporate tax statistics — Effective marginal in India

India: Effective tax rates - Corporate tax statistics — Effective marginal was 45.49 Percentage of taxable income in 2025. ▼ Falling

Latest (2025)
45.49 Percentage of taxable income
Change on year
down 5.6%
World rank
29th
of 99 countries
All-time high
121.5 Percentage of taxable income
in 2017
All-time low
41.21 Percentage of taxable income
in 2020
Years of data
9
2017–2025

Effective tax rates - Corporate tax statistics — Effective marginal in India, 2017–2025

4060801001202017202120252017: 121.5 Percentage of taxable income2018: 111.1 Percentage of taxable income2019: 80.2 Percentage of taxable income2020: 41.2 Percentage of taxable income2021: 42.5 Percentage of taxable income2022: 45.7 Percentage of taxable income2023: 48.4 Percentage of taxable income2024: 48.2 Percentage of taxable income2025: 45.5 Percentage of taxable income

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.

Analysis

The most recent figure for effective tax rates - corporate tax statistics — effective marginal in India is 45.49 Percentage of taxable income, measured in 2025.

The figure is down 5.6% on the previous year and down 62.6% over ten years.

Over the whole period, effective tax rates - corporate tax statistics — effective marginal in India peaked at 121.5 Percentage of taxable income in 2017 and was at its lowest, 41.21 Percentage of taxable income, in 2020.

India ranks 29th of 99 countries on this measure, in the middle of the range.

Effective tax rates - Corporate tax statistics — Effective marginal in India, year by year

Annual values for Effective tax rates - Corporate tax statistics — Effective marginal tax rate in India, 2017 to 2025.
Year Percentage of taxable income Change
2017 121.5 Percentage of taxable income
2018 111.08 Percentage of taxable income -8.6%
2019 80.24 Percentage of taxable income -27.8%
2020 41.21 Percentage of taxable income -48.6%
2021 42.55 Percentage of taxable income +3.2%
2022 45.67 Percentage of taxable income +7.3%
2023 48.36 Percentage of taxable income +5.9%
2024 48.17 Percentage of taxable income -0.4%
2025 45.49 Percentage of taxable income -5.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 104.27 Percentage of taxable income 80.24 Percentage of taxable income 121.5 Percentage of taxable income 3
2020s 45.24 Percentage of taxable income 41.21 Percentage of taxable income 48.36 Percentage of taxable income 6

Countries ranked near India

  1. 26 Hungary 48.53 Percentage of taxable income compare
  2. 27 Saudi Arabia 48.06 Percentage of taxable income compare
  3. 28 Indonesia 46.15 Percentage of taxable income compare
  4. 30 Uruguay 45.34 Percentage of taxable income compare
  5. 31 Antigua and Barbuda 45.16 Percentage of taxable income compare
  6. 32 El Salvador 43.88 Percentage of taxable income compare

See the full ranking of 105 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is effective tax rates - corporate tax statistics — effective marginal in India?
Effective tax rates - corporate tax statistics — effective marginal in India was 45.49 Percentage of taxable income in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest effective tax rates - corporate tax statistics — effective marginal recorded in India?
The highest recorded value was 121.5 Percentage of taxable income in 2017.
What is the lowest effective tax rates - corporate tax statistics — effective marginal recorded in India?
The lowest recorded value was 41.21 Percentage of taxable income in 2020.
How does India rank for effective tax rates - corporate tax statistics — effective marginal?
India ranks 29th out of 99 countries with data for 2025.
Is effective tax rates - corporate tax statistics — effective marginal rising or falling in India?
Over the last ten years it is down 62.6%. The long-run trend across the full record is falling.
Where does this India data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Effective tax rates - Corporate tax statistics — Effective marginal tax rate. Statizoid updates them automatically from the source API.

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Effective tax rates - Corporate tax statistics — Effective marginal in India. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 11 September 2026, from https://economy.statizoid.com/stat/effective-tax-rates-corporate-tax-statistics-effective-marginal-tax-rate/india/

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About this data

Indicator
Effective tax rates - Corporate tax statistics — Effective marginal tax rate
Unit
Percentage of taxable income
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
105 places, 936 data points, 2017–2025
Last refreshed

This table reports synthetic tax policy indicators calculated on the basis of a prospective, hypothetical investment project. Unlike backward-looking ETRs, they do not incorporate any information about firms' actual tax payments.The OECD methodology has been described in detail in the OECD Taxation Working Paper No. 38 (Hanappi, 2018). Further methodological information is available in the explanatory annex.