Taxes on income, profits and capital gains in India
India: Taxes on income, profits and capital gains was 8.54 trillion current LCU in 2022. ◆ Volatile
Latest (2022)
8.54 trillion current LCU
World rank
13th
of 153 countries
All-time high
11.39 trillion current LCU
in 2018
All-time low
15.95 billion current LCU
in 1974
Years of data
46
1974–2022
Taxes on income, profits and capital gains in India, 1974–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on income, profits and capital gains in India is 8.54 trillion current LCU, measured in 2022.
The figure is up 51.6% over ten years.
Over the whole period, taxes on income, profits and capital gains in India peaked at 11.39 trillion current LCU in 2018 and was at its lowest, 15.95 billion current LCU, in 1974.
That places India 13th out of 153 countries with data for 2022, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on income, profits and capital gains in India, year by year
| Year | current LCU | Change |
|---|---|---|
| 1974 | 15.95 billion current LCU | — |
| 1975 | 21.34 billion current LCU | +33.8% |
| 1976 | 22.50 billion current LCU | +5.4% |
| 1977 | 23.39 billion current LCU | +4.0% |
| 1978 | 24.53 billion current LCU | +4.9% |
| 1979 | 27.32 billion current LCU | +11.4% |
| 1980 | 29.07 billion current LCU | +6.4% |
| 1981 | 36.80 billion current LCU | +26.6% |
| 1982 | 40.20 billion current LCU | +9.2% |
| 1983 | 43.72 billion current LCU | +8.8% |
| 1984 | 46.55 billion current LCU | +6.5% |
| 1985 | 54.32 billion current LCU | +16.7% |
| 1986 | 60.39 billion current LCU | +11.2% |
| 1987 | 66.29 billion current LCU | +9.8% |
| 1988 | 86.51 billion current LCU | +30.5% |
| 1989 | 97.73 billion current LCU | +13.0% |
| 1990 | 107.09 billion current LCU | +9.6% |
| 1991 | 148.89 billion current LCU | +39.0% |
| 1992 | 175.03 billion current LCU | +17.6% |
| 1993 | 199.03 billion current LCU | +13.7% |
| 1994 | 266.48 billion current LCU | +33.9% |
| 1995 | 332.60 billion current LCU | +24.8% |
| 1996 | 385.13 billion current LCU | +15.8% |
| 1997 | 383.12 billion current LCU | -0.5% |
| 1998 | 460.33 billion current LCU | +20.2% |
| 1999 | 575.59 billion current LCU | +25.0% |
| 2000 | 678.75 billion current LCU | +17.9% |
| 2001 | 688.02 billion current LCU | +1.4% |
| 2002 | 827.63 billion current LCU | +20.3% |
| 2003 | 1.05 trillion current LCU | +26.8% |
| 2004 | 1.32 trillion current LCU | +25.8% |
| 2005 | 1.62 trillion current LCU | +22.8% |
| 2006 | 2.25 trillion current LCU | +38.7% |
| 2007 | 3.12 trillion current LCU | +38.7% |
| 2008 | 3.19 trillion current LCU | +2.4% |
| 2009 | 3.67 trillion current LCU | +14.9% |
| 2010 | 4.38 trillion current LCU | +19.3% |
| 2011 | 4.87 trillion current LCU | +11.3% |
| 2012 | 5.63 trillion current LCU | +15.5% |
| 2013 | 6.60 trillion current LCU | +17.3% |
| 2014 | 6.87 trillion current LCU | +4.1% |
| 2015 | 7.34 trillion current LCU | +6.7% |
| 2016 | 8.41 trillion current LCU | +14.6% |
| 2017 | 9.97 trillion current LCU | +18.6% |
| 2018 | 11.39 trillion current LCU | +14.2% |
| 2022 | 8.54 trillion current LCU | -25.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.50 billion current LCU | 15.95 billion current LCU | 27.32 billion current LCU | 6 |
| 1980s | 56.16 billion current LCU | 29.07 billion current LCU | 97.73 billion current LCU | 10 |
| 1990s | 303.33 billion current LCU | 107.09 billion current LCU | 575.59 billion current LCU | 10 |
| 2000s | 1.84 trillion current LCU | 678.75 billion current LCU | 3.67 trillion current LCU | 10 |
| 2010s | 7.27 trillion current LCU | 4.38 trillion current LCU | 11.39 trillion current LCU | 9 |
| 2020s | 8.54 trillion current LCU | 8.54 trillion current LCU | 8.54 trillion current LCU | 1 |
Countries ranked near India
- 10 Congo, Democratic Republic of the 9.01 trillion current LCU compare
- 11 Argentina 8.95 trillion current LCU compare
- 12 Tanzania, United Republic of 8.82 trillion current LCU compare
- 14 Cambodia 7.85 trillion current LCU compare
- 15 Lao People's Democratic Republic 6.21 trillion current LCU compare
- 16 Hungary 6.06 trillion current LCU compare
More public sector data for India
- Arms imports 1.17 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.805 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -21.66 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.17 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 59.36 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0229 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.66 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 86.13 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 501.48 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in India?
- Taxes on income, profits and capital gains in India was 8.54 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in India?
- The highest recorded value was 11.39 trillion current LCU in 2018.
- What is the lowest taxes on income, profits and capital gains recorded in India?
- The lowest recorded value was 15.95 billion current LCU in 1974.
- How does India rank for taxes on income, profits and capital gains?
- India ranks 13th out of 153 countries with data for 2022.
- Is taxes on income, profits and capital gains rising or falling in India?
- Over the last ten years it is up 51.6%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.