India
4.4/10
146th of 217
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.
| 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 |
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% |