India or Switzerland: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: India and Switzerland weigh about the same on the taxpayer.

India

4.4/10

146th of 217

Tax India Switzerland Gap
Corporate income tax headline rate 22% 11.66% to 20.54% +1.5 points
Personal income tax top bracket 0% to 39% 0% to 51% −12.0 points
VAT standard rate 18% 7.7% +10.3 points

Detailed schedules

Corporate income tax

India

National companies, optional regime Excluding surtax and cess; subject to conditions 22%
New industrial companies 15%
Foreign companies with permanent establishment 35%

Switzerland

Lucerne combined federal, cantonal and communal effective rate 11.66%
Zug 11.71%
Geneva 14.7%
Zurich 19.47%
Bern 20.54%
Multinational groups revenue above €750M, since 2024 15%
See the India page See the Switzerland page