India vs Seychelles
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.
๐ธ๐จ Seychelles โ Seychelles Tax System
Seychelles has a progressive income tax up to 15% โ very low by global standards. No capital gains tax. The country is an established offshore financial centre (International Business Companies, trusts). Tourism dominates the formal economy. Business Tax (corporate tax) is 25% on the first SCR 1M, 33% above. The Seychelles Revenue Commission administers tax. EU blacklisted briefly in 2019 for harmful tax practices.
India vs Seychelles: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฎ๐ณ India has a higher top income tax rate (0โ30% vs 0โ15%). ๐ธ๐จ Seychelles is more favourable for high earners.
๐ VAT/Sales Tax: India has a higher consumption tax (0โ28% vs 15%).
๐ข Corporate Tax: ๐ฎ๐ณ India offers a lower corporate rate (25% vs 33%), which can influence business location decisions.
๐ Capital Gains: ๐ธ๐จ Seychelles taxes investment gains at a lower rate (0% vs 20%), benefiting investors.