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India vs Zimbabwe: tax rates compared
Zimbabwe's income tax rate is 10pp higher than India's (40% vs 30%). The 200-country average is 28%: both sit above it. India's figure is dated 2026-05-12 and Zimbabwe's 2025-01-01, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | IN | ZW | Difference |
|---|---|---|---|
| Income Tax | 30% | 40% | ZW +10 pp |
| Corporate Tax | 30% | 25.8% | IN +4.2 pp |
| VAT | 18% | 15.5% | IN +2.5 pp |
| Capital Gains Tax | 12.5% | 1% | IN +11.5 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 |
| Zimbabwe | 40% | Source: Zimbabwe Revenue Authority (ZIMRA) — PAYE Foreign Currency (USD) Tax Tables, January-December 2025 · as of 2025-01-01 |
| Difference | −10 pp | Zimbabwe higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| India | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Zimbabwe | 25.8% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +4.2 pp | India higher |
India's corporate tax rate is 4.2pp higher than Zimbabwe's (30% vs 25.8%). 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 |
| Zimbabwe | 15.5% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01 |
| Difference | +2.5 pp | India higher |
India's VAT rate is 2.5pp higher than Zimbabwe's (18% vs 15.5%). 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 |
| Zimbabwe | 1% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Zimbabwe · as of 2025-01-01 |
| Difference | +11.5 pp | India higher |
India's capital gains tax rate is 11.5pp higher than Zimbabwe's (12.5% vs 1%). The 175-country average is 10.3%: India sits above it, Zimbabwe sits below it. India's figure is dated 2024-07-23 and Zimbabwe's 2025-01-01, 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 |
| Zimbabwe | 0% | Source: ZIMRA (Zimbabwe Revenue Authority) · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
India's wealth tax rate is identical to Zimbabwe's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.