Paying taxes: Profit tax in India
India: Paying taxes: Profit tax was 21.6% in 2019. ▲ Rising
Paying taxes: Profit tax in India, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
India recorded 21.6% for paying taxes: profit tax in 2019.
That represents a change of down 0.5% on the previous year and down 13.6% over ten years.
Over the whole period, paying taxes: profit tax in India peaked at 25.0% in 2009 and was at its lowest, 8.8%, in 2005.
India ranks 51st of 190 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Paying taxes: Profit tax in India, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 8.8% | — |
| 2006 | 23.2% | +163.6% |
| 2007 | 23.3% | +0.4% |
| 2008 | 24.4% | +4.7% |
| 2009 | 25.0% | +2.5% |
| 2010 | 22.7% | -9.2% |
| 2011 | 23.1% | +1.8% |
| 2012 | 23.1% | +0.0% |
| 2013 | 23.7% | +2.6% |
| 2014 | 23.4% | -1.3% |
| 2015 | 23.4% | +0.0% |
| 2016 | 23.5% | +0.4% |
| 2017 | 23.5% | +0.0% |
| 2018 | 21.7% | -7.7% |
| 2019 | 21.6% | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.9% | 8.8% | 25.0% | 5 |
| 2010s | 23.0% | 21.6% | 23.7% | 10 |
Countries ranked near India
More reference data data for India
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 20.88 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 68.88 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 246.78 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 15.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 246.78 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 70.02 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 19.71 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 309.05 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1,063 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 85.03 (2050)
Frequently asked questions
- What is paying taxes: profit tax in India?
- Paying taxes: profit tax in India was 21.6% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in India?
- The highest recorded value was 25.0% in 2009.
- What is the lowest paying taxes: profit tax recorded in India?
- The lowest recorded value was 8.8% in 2005.
- How does India rank for paying taxes: profit tax?
- India ranks 51st out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in India?
- Over the last ten years it is down 13.6%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.