IN · AsiaNO · Europe
India vs Norway: tax rates compared
Norway's income tax rate is 9.7pp higher than India's (39.7% vs 30%). The 200-country average is 28%: both sit above it. India's figure is dated 2026-05-12 and Norway'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 | NO | Difference |
|---|---|---|---|
| Income Tax | 30% | 39.7% | NO +9.7 pp |
| Corporate Tax | 30% | 22% | IN +8 pp |
| VAT | 18% | 25% | NO +7 pp |
| Capital Gains Tax | 12.5% | 37.8% | NO +25.3 pplargest gap |
| Crypto Tax | 30% | 22% | IN +8 pp |
| Wealth Tax | 0% | 1.1% | NO +1.1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| India | 30% | Source: PWC Worldwide Tax Summaries — India (Individual, Taxes on personal income) · as of 2026-05-12 |
| Norway | 39.7% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −9.7 pp | Norway higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| India | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Norway | 22% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +8 pp | India higher |
India's corporate tax rate is 8pp higher than Norway's (30% vs 22%). The 201-country average is 22.6%: India sits above it, Norway sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| India | 18% | Source: PWC Worldwide Tax Summaries — India (Corporate, Other taxes) · as of 2026-05-11 |
| Norway | 25% | Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25 |
| Difference | −7 pp | Norway higher |
Norway's VAT rate is 7pp higher than India's (25% 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 |
| Norway | 37.8% | Source: PwC Worldwide Tax Summaries — Norway (Individual, Income determination) · as of 2026-01-20 |
| Difference | −25.3 pp | Norway higher |
Norway's capital gains tax rate is 25.3pp higher than India's (37.8% vs 12.5%). The 175-country average is 10.3%: both sit above it. India's figure is dated 2024-07-23 and Norway's 2026-01-20, 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 |
| Norway | 22% | Source: Norwegian Tax Administration (Skatteetaten) — Skatte-ABC, V-13-3.4 Realisasjon (virtual assets — realization) · as of 2026-01-01 |
| Difference | +8 pp | India higher |
India's crypto tax rate is 8pp higher than Norway's (30% vs 22%). The 88-country average is 13%: both sit above it. India's figure is dated 2023-04-01 and Norway's 2026-01-01, 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 |
| Norway | 1.1% | Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01 |
| Difference | −1.1 pp | Norway higher |
Norway's wealth tax rate is 1.1pp higher than India's (1.1% vs 0%). The 193-country average is 0.1%: India sits below it, Norway sits above it.