IN · AsiaMC · Europe
India vs Monaco: tax rates compared
India has an income tax rate of 30%, 30pp above Monaco's 0%. The 200-country average is 28%: India sits above it, Monaco sits below it. India's figure is dated 2026-05-12 and Monaco's 2023-03-13, 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 | MC | Difference |
|---|---|---|---|
| Income Tax | 30% | 0% | IN +30 pplargest gap |
| Corporate Tax | 30% | 25% | IN +5 pp |
| VAT | 18% | 20% | MC +2 pp |
| Capital Gains Tax | 12.5% | 0% | IN +12.5 pp |
| Crypto Tax | 30% | 0% | IN +30 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 |
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Difference | +30 pp | India higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| India | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Monaco | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | India higher |
India has a corporate tax rate of 30%, 5pp above Monaco's 25%. 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 |
| Monaco | 20% | Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07 |
| Difference | −2 pp | Monaco higher |
Monaco has a VAT rate of 20%, 2pp above India's 18%. The 181-country average is 15%: both sit above it. India's figure is dated 2026-05-11 and Monaco's 2023-03-07, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| India | 12.5% | Source: PWC Worldwide Tax Summaries — India (Individual, Other taxes) · as of 2024-07-23 |
| Monaco | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01 |
| Difference | +12.5 pp | India higher |
India has a capital gains tax rate of 12.5%, 12.5pp above Monaco's 0%. The 175-country average is 10.3%: India sits above it, Monaco sits below it. India's figure is dated 2024-07-23 and Monaco's 2025-10-01, 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 |
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Difference | +30 pp | India higher |
India has a crypto tax rate of 30%, 30pp above Monaco's 0%. The 88-country average is 13%: India sits above it, Monaco sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| India | 0% | Source: PWC Worldwide Tax Summaries — India (Individual, Other taxes) · as of 2026-05-12 |
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
India and Monaco share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.