WorldTax CompareAll Comparisons

Paraguay vs India
Tax Rate Comparison

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

🇵🇾 Paraguay
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
8–10%
10% top; competitive positioning
No change
0–30%
Zero tax slab expanded; new regime standard
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
10%
10% IVA maintained
No change
0–28%
Further GST rationalization expected
No change

Corporate Tax Rate

Corporate Tax Rate
10%
10%; Pillar Two for large MNCs operating in Paraguay
No change
22–25%
Pillar Two domestic rules being finalized
No change

Capital Gains Tax

Capital Gains Tax
8–10%
8%/10% maintained
No change
12.5–20%
12.5% LTCG equity; 20% property with indexation
No change

Social Security & Payroll

Social Security / Payroll
~25.5%
IPS reform discussions; adequacy concerns
No change
24%
New social security code implementation ongoing
No change
State, Regional & Local Taxes

🇵🇾 ParaguayMunicipal & Departmental Taxes

Paraguay's 17 departments and 254 municipalities levy the Impuesto Inmobiliario (property tax at 1% of assessed value), commercial licence fees (patente comercial), and vehicle registration fees. Asunción has the highest commercial licence fees. The Subsecretaría de Estado de Tributación (SET) administers national taxes. Paraguay has one of Latin America's lowest tax burdens (~12% of GDP) and has used flat low rates to attract foreign residents (MADES visa) and financial activity. No wealth tax exists.

🇮🇳 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.

Paraguay vs India: Key Tax Differences (2026)

💰 Income Tax: 🇮🇳 India has a higher top income tax rate (8–10% vs 0–30%). 🇵🇾 Paraguay is more favourable for high earners.

🛒 VAT/Sales Tax: India has a higher consumption tax (10% vs 0–28%).

🏢 Corporate Tax: 🇵🇾 Paraguay offers a lower corporate rate (10% vs 25%), which can influence business location decisions.

📈 Capital Gains: 🇵🇾 Paraguay taxes investment gains at a lower rate (10% vs 20%), benefiting investors.

Related Comparisons

🇵🇾 Paraguay vs 🇦🇷 ArgentinaTax comparison🇵🇾 Paraguay vs 🇧🇴 BoliviaTax comparison🇵🇾 Paraguay vs 🇧🇷 BrazilTax comparison🇵🇾 Paraguay vs 🇨🇱 ChileTax comparison🇵🇾 Paraguay vs 🇨🇴 ColombiaTax comparison🇵🇾 Paraguay vs 🇪🇨 EcuadorTax comparison🇵🇾 Paraguay vs 🇲🇽 MexicoTax comparison🇵🇾 Paraguay vs 🇵🇪 PeruTax comparison🇵🇾 Paraguay vs 🇺🇾 UruguayTax comparison🇵🇾 Paraguay vs 🇨🇳 ChinaTax comparison🇵🇾 Paraguay vs 🇺🇸 United StatesTax comparison🇵🇾 Paraguay vs 🇫🇷 FranceTax comparison
All 🇵🇾 Paraguay comparisons →All 🇮🇳 India comparisons →