Taxes on income, profits and capital gains (current LCU) in India
India: Taxes on income, profits and capital gains (current LCU) 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 (current LCU) 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% |
India compared with similar countries
- India's 8.54 trillion current LCU is above the median for lower middle income countries, which is 129.82 billion current LCU, 65.8× the median. (35 countries reporting)
- India's 8.54 trillion current LCU is above the median for South Asia, which is 558.23 billion current LCU, 15.3× the median. (6 countries reporting)
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
More public sector data for India
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
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- Arms imports 2.86 billion SIPRI trend indicator values (2025)
- 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)
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.