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Nigeria vs India
Tax Rate Comparison

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

🇳🇬 Nigeria
vs
🇮🇳 India
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
7–24%
Tax reform bill (2024) restructuring rates; implementation phased
No change
0–30%
Zero tax slab expanded; new regime standard
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
7.5%
7.5% maintained; reform bill proposes higher rate
No change
0–28%
Further GST rationalization expected
No change

Corporate Tax Rate

Corporate Tax Rate
25%
Reform bill reducing to 25% for large companies
-5.0pp vs 2025
22–25%
Pillar Two domestic rules being finalized
No change

Capital Gains Tax

Capital Gains Tax
10%
10% stable
No change
12.5–20%
12.5% LTCG equity; 20% property with indexation
No change

Social Security & Payroll

Social Security / Payroll
18%
18% total maintained; pension fund growing
No change
24%
New social security code implementation ongoing
No change
State, Regional & Local Taxes

🇳🇬 NigeriaState & Local Government Taxes

Nigeria's 36 states and FCT each have their own Personal Income Tax Law (PITL), though rates follow a national schedule. States levy property rates, land use charges, and business premises levies. The 774 local government areas (LGAs) levy tenement rates and market fees. Only federal employees and residents in the FCT pay federal income tax to FIRS; all others pay to state tax authorities. VAT revenue is shared: 15% FIRS, 50% states, 35% LGAs.

🇮🇳 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.

Nigeria vs India: Key Tax Differences (2026)

💰 Income Tax: 🇮🇳 India has a higher top income tax rate (7–24% vs 0–30%). 🇳🇬 Nigeria is more favourable for high earners.

🛒 VAT/Sales Tax: India has a higher consumption tax (7.5% vs 0–28%).

🏢 Corporate Tax: Corporate rates are similar in both countries (25% vs 22–25%).

📈 Capital Gains: 🇳🇬 Nigeria taxes investment gains at a lower rate (10% vs 20%), benefiting investors.

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All 🇳🇬 Nigeria comparisons →All 🇮🇳 India comparisons →