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Montenegro vs India
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇲🇪 Montenegro
vs
🇮🇳 India
Tax Year:

💰 Personal Income Tax Calculator

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
9–15%
15% top maintained; EU accession nearing
No change
0–30%
Zero tax slab expanded; new regime standard
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
7–21%
21% standard; EU VAT compliance
No change
0–28%
Further GST rationalization expected
No change

Corporate Tax Rate

Corporate Tax Rate
9–15%
9%/15%; Pillar Two for MNCs
No change
22–25%
Pillar Two domestic rules being finalized
No change

Capital Gains Tax

Capital Gains Tax
9–15%
As income
No change
12.5–20%
12.5% LTCG equity; 20% property with indexation
No change

Social Security & Payroll

Social Security / Payroll
~34.3%
EU social standards harmonization
No change
24%
New social security code implementation ongoing
No change
State, Regional & Local Taxes

🇲🇪 MontenegroMunicipal Taxes

Montenegro's 24 municipalities (opštine) levy property tax (0.25%–1% of market value), accommodation tax (turistička taksa), and business activity fees. Podgorica and coastal tourist municipalities (Budva, Kotor, Bar) have higher rates. The Tax Administration of Montenegro administers national taxes. Montenegro uses the euro as official currency without being an EU member. EU accession negotiations are advanced (since 2012). Significant foreign real estate investment from Russia, UK, and Middle East buyers. MFEZ (Montenegro Free Economic Zone) in Bar offers incentives.

🇮🇳 IndiaState, 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.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Montenegro vs India: Key Tax Differences (2026)

💰 Income Tax: 🇮🇳 India has a higher top income tax rate (9–15% vs 0–30%). 🇲🇪 Montenegro is more favourable for high earners.

🛒 VAT/Sales Tax: India has a higher consumption tax (7–21% vs 0–28%).

🏢 Corporate Tax: 🇲🇪 Montenegro offers a lower corporate rate (15% vs 25%), which can influence business location decisions.

📈 Capital Gains: 🇲🇪 Montenegro taxes investment gains at a lower rate (15% vs 20%), benefiting investors.

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