India vs Hong Kong
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฎ๐ณ India โ State, Professional & GST Variation
India's 28 states levy professional tax (up to โน2,500/year), stamp duty on property (3%โ8%), and state excise on alcohol. GST has largely unified indirect taxes but petroleum products remain state-controlled. Property tax (nagar nigam) varies by city. Maharashtra, Karnataka, and Tamil Nadu have higher professional taxes.
๐ญ๐ฐ Hong Kong โ No Sub-Regional Tax Variation
Hong Kong is a Special Administrative Region with a simple, low-tax structure. There are no sub-regional taxes. Profits tax applies only to profits arising in or derived from Hong Kong (territorial basis). Property rates are charged at ~5% of assessed rental value. Estate duty was abolished in 2006. Stamp duty on property has been progressively modified since 2022 to cool/stimulate the market. There is no VAT, capital gains tax, or withholding tax on dividends.
India vs Hong Kong: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฎ๐ณ India has a higher top income tax rate (0โ30% vs 2โ17%). ๐ญ๐ฐ Hong Kong is more favourable for high earners.
๐ VAT/Sales Tax: India has a higher consumption tax (0โ28% vs 0%).
๐ข Corporate Tax: ๐ญ๐ฐ Hong Kong offers a lower corporate rate (16.5% vs 25%), which can influence business location decisions.
๐ Capital Gains: ๐ญ๐ฐ Hong Kong taxes investment gains at a lower rate (0% vs 20%), benefiting investors.