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India vs Seychelles: tax rates compared
There's no gap here — India and Seychelles both post an income tax rate of 30%. The 200-country average is 28%: both sit above it. India's figure is dated 2026-05-12 and Seychelles's 2018-06-01, 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 | SC | Difference |
|---|---|---|---|
| Income Tax | 30% | 30% | match |
| Corporate Tax | 30% | 25% | IN +5 pp |
| VAT | 18% | 15% | IN +3 pp |
| Capital Gains Tax | 12.5% | 0% | IN +12.5 pp |
| Crypto Tax | 30% | 0% | IN +30 pplargest gap |
| 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 |
| Seychelles | 30% | Source: Seychelles Revenue Commission — Income and Non-Monetary Benefits Tax · as of 2018-06-01 |
| Difference | 0 pp | displayed rates match |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| India | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Seychelles | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | India higher |
Between the two, India's corporate tax rate (30%) tops Seychelles's (25%) by 5pp. 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 |
| Seychelles | 15% | Source: Seychelles Revenue Commission · as of 2010-01-01 |
| Difference | +3 pp | India higher |
Between the two, India's VAT rate (18%) tops Seychelles's (15%) by 3pp. The 181-country average is 15%: India sits above it, Seychelles matches the world average. India's figure is dated 2026-05-11 and Seychelles's 2010-01-01, 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 |
| Seychelles | 0% | Source: Seychelles Revenue Commission — The Seychelles Tax System · as of 2026-07-19 |
| Difference | +12.5 pp | India higher |
Between the two, India's capital gains tax rate (12.5%) tops Seychelles's (0%) by 12.5pp. The 175-country average is 10.3%: India sits above it, Seychelles sits below it. India's figure is dated 2024-07-23 and Seychelles's 2026-07-19, 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 |
| Seychelles | 0% | Source: Seychelles Revenue Commission — The Seychelles Tax System · as of 2026-07-19 |
| Difference | +30 pp | India higher |
Between the two, India's crypto tax rate (30%) tops Seychelles's (0%) by 30pp. The 88-country average is 13%: India sits above it, Seychelles sits below it. India's figure is dated 2023-04-01 and Seychelles's 2026-07-19, 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 |
| Seychelles | 0% | Source: Seychelles Revenue Commission · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — India and Seychelles both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.