India income tax

India tax calculator

Enter your income to estimate what you would pay in India, as an employee or running your own company, and see the best-value cities. Get the full breakdown plus a vetted advisor by email.

How much is income tax in India?

India taxes personal income at rates up to 39%. Ordinary residents are taxed on worldwide income; RNOR status exempts foreign income for 2 to 3 years.

Compiled by MyNomadWorld for India and currently being re-verified against primary sources. Confirm with a local adviser before relying on it.

India expat & digital-nomad tax regime

Under the RNOR foreign income exemption regime, a qualifying new resident or foreign-income remote worker pays an effective rate of about 0% instead of the 39% headline. This benefit is temporary or conditional (it runs for a limited period or requires you to stay non-resident), so treat it as a head start, not a permanent zero.

Official source: PwC India

Capital gains, wealth & property tax

• Capital gains: LTCG 12.5%; STCG 20% on listed equity, else at slab rates
• Wealth tax: No wealth tax (abolished 2015)

Inheritance & gift tax in India

No inheritance/estate tax (estate duty abolished 1985) N/A

Corporate tax & VAT

The standard corporate profits tax is 30%.

How to become a tax resident of India

>=182 days in India in the FY; OR >=60 days in FY + >=365 days over preceding 4 years (60-day rule extended to 120/182 days for citizens/PIOs with Indian income >INR 15 lakh). Deemed resident: Indian citizen with Indian income >INR 15 lakh not liable to tax elsewhere.

Cost of living & lifestyle

Cost of living is about 23% of the US level, with average purchasing power near $12k (PPP). Pick a city below to see its monthly climate and cost.

Banking in India

You will want a local or multi-currency account for rent, bills and getting paid. See our guide to the best banks in India.

Climate & cost by city

Average monthly temperature (°C) and rainfall. Climate: Open-Meteo ERA5; cost of living: World Bank PPP (same-year pairing), omitted where unavailable.

India tax treaties

India maintains around 94 double taxation treaties in force. They generally follow the OECD Model Convention and reduce withholding tax on cross-border dividends, interest and royalties, so the same income is not taxed twice when you move, invest or earn across borders. That is a broad network, useful for internationally mobile earners and investors.

Major treaty partners

Chips with a link open the full withholding-tax detail for that treaty pair.

Approximate size of the DTA network; confirm the specific treaty and its terms before relying on it.

India tax treaty guides

Detailed double-tax-treaty guides (withholding rates on dividends, interest and royalties) are available for 95 of India's partners:

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