Maldives vs India
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇲🇻 Maldives — Island Council Taxes
The Maldives has 188 inhabited islands across 26 atolls administered by island and atoll councils. Councils have limited taxing powers — primarily fees for services. The Maldives Inland Revenue Authority (MIRA) administers all national taxes. Tourism dominates the economy (>60% of GDP via resort islands). The Business Profit Tax (BPT) at 15% and the Tourism Goods and Services Tax (T-GST at 16%) are major revenue sources. No personal income tax exists for residents earning under certain thresholds.
🇮🇳 India — State, Professional & GST Variation
India's 28 states levy professional tax (up to ₹2,500/year), stamp duty on property (3%–8%), 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.
Maldives vs India: Key Tax Differences (2026)
💰 Income Tax: 🇮🇳 India has a higher top income tax rate (0–15% vs 0–30%). 🇲🇻 Maldives is more favourable for high earners.
🛒 VAT/Sales Tax: India has a higher consumption tax (8–16% vs 0–28%).
🏢 Corporate Tax: 🇲🇻 Maldives offers a lower corporate rate (15% vs 25%), which can influence business location decisions.
📈 Capital Gains: 🇲🇻 Maldives taxes investment gains at a lower rate (15% vs 20%), benefiting investors.