IN · AsiaIT · Europe
India vs Italy: tax rates compared
Italy's income tax rate is 17.2pp higher than India's (47.2% vs 30%). The 200-country average is 28%: both sit above it. India's figure is dated 2026-05-12 and Italy's 2025-01-01, so the two rates come from different data vintages.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | IN | IT | Difference |
|---|---|---|---|
| Income Tax | 30% | 47.2% | IT +17.2 pplargest gap |
| Corporate Tax | 30% | 27.8% | IN +2.2 pp |
| VAT | 18% | 22% | IT +4 pp |
| Capital Gains Tax | 12.5% | 26% | IT +13.5 pp |
| Crypto Tax | 30% | 33% | IT +3 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| India | 30% | Source: PWC Worldwide Tax Summaries — India (Individual, Taxes on personal income) · as of 2026-05-12 |
| Italy | 47.2% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −17.2 pp | Italy higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| India | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Italy | 27.8% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +2.2 pp | India higher |
India's corporate tax rate is 2.2pp higher than Italy's (30% vs 27.8%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| India | 18% | Source: PWC Worldwide Tax Summaries — India (Corporate, Other taxes) · as of 2026-05-11 |
| Italy | 22% | Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13 |
| Difference | −4 pp | Italy higher |
Italy's VAT rate is 4pp higher than India's (22% vs 18%). The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| India | 12.5% | Source: PWC Worldwide Tax Summaries — India (Individual, Other taxes) · as of 2024-07-23 |
| Italy | 26% | Source: PWC Worldwide Tax Summaries — Italy (Individual, Income determination) · as of 2019-01-01 |
| Difference | −13.5 pp | Italy higher |
Italy's capital gains tax rate is 13.5pp higher than India's (26% vs 12.5%). The 175-country average is 10.3%: both sit above it. India's figure is dated 2024-07-23 and Italy's 2019-01-01, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| India | 30% | Source: Ministry of Finance, Government of India — Memorandum Explaining the Provisions in the Finance Bill 2022 · as of 2023-04-01 |
| Italy | 33% | Source: PWC Worldwide Tax Summaries — Italy (Individual, Other taxes) · as of 2026-02-25 |
| Difference | −3 pp | Italy higher |
Italy's crypto tax rate is 3pp higher than India's (33% vs 30%). The 88-country average is 13%: both sit above it. India's figure is dated 2023-04-01 and Italy's 2026-02-25, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| India | 0% | Source: PWC Worldwide Tax Summaries — India (Individual, Other taxes) · as of 2026-05-12 |
| Italy | 0% | Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01 |
| Difference | 0 pp | displayed rates match |
India's wealth tax rate is identical to Italy's — both sit at 0%. The 193-country average is 0.1%: both sit below it. India's figure is dated 2026-05-12 and Italy's 2024-01-01, so the two rates come from different data vintages.