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Gambia vs India: tax rates compared
India has an income tax rate of 30%, 5pp above Gambia's 25%. The 200-country average is 28%: Gambia sits below it, India sits above it. Gambia's figure is dated 2018-01-01 and India's 2026-05-12, so the two rates come from different data vintages.
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
| Tax | GM | IN | Difference |
|---|---|---|---|
| Income Tax | 25% | 30% | IN +5 pplargest gap |
| Corporate Tax | 27% | 30% | IN +3 pp |
| VAT | 15% | 18% | IN +3 pp |
| Capital Gains Tax | 15% | 12.5% | GM +2.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Gambia | 25% | Source: Gambia Revenue Authority — Personal Income Tax · as of 2018-01-01 |
| India | 30% | Source: PWC Worldwide Tax Summaries — India (Individual, Taxes on personal income) · as of 2026-05-12 |
| Difference | −5 pp | India higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Gambia | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| India | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −3 pp | India higher |
India has a corporate tax rate of 30%, 3pp above Gambia's 27%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Gambia | 15% | Source: Gambia Revenue Authority — Domestic Taxes FAQs · as of 2026-01-01 |
| India | 18% | Source: PWC Worldwide Tax Summaries — India (Corporate, Other taxes) · as of 2026-05-11 |
| Difference | −3 pp | India higher |
India has a VAT rate of 18%, 3pp above Gambia's 15%. The 181-country average is 15%: Gambia matches the world average, India sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Gambia | 15% | Source: Gambia Revenue Authority — Domestic Taxes FAQs · as of 2026-07-19 |
| India | 12.5% | Source: PWC Worldwide Tax Summaries — India (Individual, Other taxes) · as of 2024-07-23 |
| Difference | +2.5 pp | Gambia higher |
Gambia has a capital gains tax rate of 15%, 2.5pp above India's 12.5%. The 175-country average is 10.3%: both sit above it. Gambia's figure is dated 2026-07-19 and India's 2024-07-23, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Gambia | 0% | Source: Gambia Revenue Authority · as of 2026-07-18 |
| India | 0% | Source: PWC Worldwide Tax Summaries — India (Individual, Other taxes) · as of 2026-05-12 |
| Difference | 0 pp | displayed rates match |
Gambia and India share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.