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Effective tax rate of listed companies in India from March 2018 to March 2022

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Sources

Release date

March 2023

Region

India, APAC

Survey time period

March 2018 to March 2022

Special properties

covers 1,729 BSE-listed companies that made profits in each of the last five years and whose data was available

Supplementary notes

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

Citation formats

Effective tax rate of listed companies India 2018 to 2022

Published by Zeynep Dierks, May 3, 2024

The effective tax rate in India has been on a decline since 2018. After the corporate tax cuts of 2019, companies are paying a smaller share of profits than the statutory rate. The actual tax outgo as a share of profits is called the effective tax rate. 

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