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India vs South Africa: tax rates compared
South Africa has an income tax rate of 45%, 15pp above India's 30%. The 200-country average is 28%: both sit above it.
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 | ZA | Difference |
|---|---|---|---|
| Income Tax | 30% | 45% | ZA +15 pplargest gap |
| Corporate Tax | 30% | 27% | IN +3 pp |
| VAT | 18% | 15% | IN +3 pp |
| Capital Gains Tax | 12.5% | 18% | ZA +5.5 pp |
| Crypto Tax | 30% | 18% | IN +12 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 |
| South Africa | 45% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Taxes on personal income) · as of 2026-03-01 |
| Difference | −15 pp | South Africa higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| India | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| South Africa | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +3 pp | India higher |
India has a corporate tax rate of 30%, 3pp above South Africa's 27%. 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 |
| South Africa | 15% | Source: PWC Worldwide Tax Summaries — South Africa (Corporate, Other taxes) · as of 2026-05-29 |
| Difference | +3 pp | India higher |
India has a VAT rate of 18%, 3pp above South Africa's 15%. The 181-country average is 15%: India sits above it, South Africa matches the world average.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| India | 12.5% | Source: PWC Worldwide Tax Summaries — India (Individual, Other taxes) · as of 2024-07-23 |
| South Africa | 18% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Income determination) · as of 2026-05-29 |
| Difference | −5.5 pp | South Africa higher |
South Africa has a capital gains tax rate of 18%, 5.5pp above India's 12.5%. The 175-country average is 10.3%: both sit above it. India's figure is dated 2024-07-23 and South Africa's 2026-05-29, 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 |
| South Africa | 18% | Source: South African Revenue Service — Crypto Assets & Tax · as of 2026-03-20 |
| Difference | +12 pp | India higher |
India has a crypto tax rate of 30%, 12pp above South Africa's 18%. The 88-country average is 13%: both sit above it. India's figure is dated 2023-04-01 and South Africa's 2026-03-20, 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 |
| South Africa | 0% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Other taxes) · as of 2026-05-29 |
| Difference | 0 pp | displayed rates match |
India and South Africa share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.