India vs Peru
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.
๐ต๐ช Peru โ Municipal Taxes & Regional Licenses
Peru's 25 regions and 1,874 municipalities have limited tax powers. Municipalities levy Impuesto Predial (property tax at 0.2%โ1% of self-assessed value), vehicle tax (Impuesto al Patrimonio Vehicular), and business licences. Alcabala (property transfer tax) is municipal at 3% of value above 10 UIT. The national tax authority (SUNAT) administers income and VAT taxes. Peru has a flat corporate rate and progressive personal income tax system.
India vs Peru: Key Tax Differences (2026)
๐ฐ Income Tax: India and Peru have similar top income tax rates (0โ30% vs 8โ30%).
๐ VAT/Sales Tax: India has a higher consumption tax (0โ28% vs 18%).
๐ข Corporate Tax: ๐ฎ๐ณ India offers a lower corporate rate (25% vs 29.5%), which can influence business location decisions.
๐ Capital Gains: ๐ต๐ช Peru taxes investment gains at a lower rate (5% vs 20%), benefiting investors.