Corporate tax as a share of GDP India FY 2022-2025

Published by
Manya Rathore,
Mar 27, 2024
The corporation tax in India was estimated to have a GDP contribution of a little over three percent in the financial year 2025, a slight increase from the previous year. Corporate tax is a direct tax on the net income or profits of corporations.

Corporate tax as a share of GDP in India from financial year 2022 to 2023, with estimates until 2025 (in trillion Indian rupees)

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Release date

February 2024

Region

India

Survey time period

FY 2022 to FY 2023

Supplementary notes

*Revised estimate

**Budget estimate

India's financial year begins in April and ends in March. For example, FY 2022 started in April 2021 and ended in March 2022.

One Indian rupee is equal to 0.011 euros and 0.012 dollars (as of January 2024).

Values have been rounded for clarity.

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