India or Tanzania: which taxes less?

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

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

India

4.4/10

146th of 217

Tax India Tanzania Gap
Corporate income tax headline rate 22% 30% −8.0 points
Personal income tax top bracket 0% to 39% 15% to 30% +9.0 points
VAT standard rate 18% 18% Same rate

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%

Tanzania

General regime 30%
Newly listed companies For three years 25%
Newly established approved industry For five years 10%