GD · AmericasIN · Asia
Grenada vs India: tax rates compared
There's no gap here — Grenada and India both post an income tax rate of 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
| Tax | GD | IN | Difference |
|---|---|---|---|
| Income Tax | 30% | 30% | match |
| Corporate Tax | 28% | 30% | IN +2 pp |
| VAT | 15% | 18% | IN +3 pp |
| Capital Gains Tax | 0% | 12.5% | IN +12.5 pp |
| Crypto Tax | 0% | 30% | IN +30 pplargest gap |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 30% | Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20 |
| India | 30% | Source: PWC Worldwide Tax Summaries — India (Individual, Taxes on personal income) · as of 2026-05-12 |
| Difference | 0 pp | displayed rates match |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 28% | 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 | −2 pp | India higher |
Between the two, India's corporate tax rate (30%) tops Grenada's (28%) by 2pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| India | 18% | Source: PWC Worldwide Tax Summaries — India (Corporate, Other taxes) · as of 2026-05-11 |
| Difference | −3 pp | India higher |
Between the two, India's VAT rate (18%) tops Grenada's (15%) by 3pp. The 181-country average is 15%: Grenada matches the world average, India sits above it. Grenada's figure is dated 2010-02-01 and India's 2026-05-11, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| India | 12.5% | Source: PWC Worldwide Tax Summaries — India (Individual, Other taxes) · as of 2024-07-23 |
| Difference | −12.5 pp | India higher |
Between the two, India's capital gains tax rate (12.5%) tops Grenada's (0%) by 12.5pp. The 175-country average is 10.3%: Grenada sits below it, India sits above it. Grenada's figure is dated 2026-07-19 and India's 2024-07-23, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| India | 30% | Source: Ministry of Finance, Government of India — Memorandum Explaining the Provisions in the Finance Bill 2022 · as of 2023-04-01 |
| Difference | −30 pp | India higher |
Between the two, India's crypto tax rate (30%) tops Grenada's (0%) by 30pp. The 88-country average is 13%: Grenada sits below it, India sits above it. Grenada's figure is dated 2026-07-19 and India's 2023-04-01, so the two rates come from different data vintages.
Not covered for both countries yet: Wealth Tax.