SZ · AfricaIN · Asia

Eswatini vs India: tax rates compared

Eswatini's income tax rate is 3pp higher than India's (33% vs 30%). The 200-country average is 28%: both sit above it.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income30%33%Corporate25%30%VAT15%18%Capital Gains0%12.5%Wealth Tax0%
five shared taxes, side by side
Tax SZ INDifference
Income Tax33%30%SZ +3 pp
Corporate Tax25%30%IN +5 pp
VAT15%18%IN +3 pp
Capital Gains Tax0%12.5%IN +12.5 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Eswatini33%Source: PWC Worldwide Tax Summaries — Eswatini (Individual, Taxes on personal income) · as of 2026-03-30
India30%Source: PWC Worldwide Tax Summaries — India (Individual, Taxes on personal income) · as of 2026-05-12
Difference+3 ppEswatini higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Eswatini25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
India30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−5 ppIndia higher

India's corporate tax rate is 5pp higher than Eswatini's (30% vs 25%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Eswatini15%Source: PWC Worldwide Tax Summaries — Eswatini (Corporate, Other taxes) · as of 2026-03-30
India18%Source: PWC Worldwide Tax Summaries — India (Corporate, Other taxes) · as of 2026-05-11
Difference−3 ppIndia higher

India's VAT rate is 3pp higher than Eswatini's (18% vs 15%). The 181-country average is 15%: Eswatini matches the world average, India sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Eswatini0%Source: PWC Worldwide Tax Summaries — Eswatini (Individual, Income determination) · as of 2026-03-30
India12.5%Source: PWC Worldwide Tax Summaries — India (Individual, Other taxes) · as of 2024-07-23
Difference−12.5 ppIndia higher

India's capital gains tax rate is 12.5pp higher than Eswatini's (12.5% vs 0%). The 175-country average is 10.3%: Eswatini sits below it, India sits above it. Eswatini's figure is dated 2026-03-30 and India's 2024-07-23, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Eswatini0%Source: PWC Worldwide Tax Summaries — Eswatini (Individual, Other taxes) · as of 2026-03-30
India0%Source: PWC Worldwide Tax Summaries — India (Individual, Other taxes) · as of 2026-05-12
Difference0 ppdisplayed rates match

Eswatini's wealth tax rate is identical to India's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.