WorldTax Compare← All Comparisons

Turkmenistan vs India
Tax Rate Comparison

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

🇹🇲 Turkmenistan
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
10%
10% flat; gas revenues fund state expenditure
No change
0–30%
Zero tax slab expanded; new regime standard
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
15%
15% maintained
No change
0–28%
Further GST rationalization expected
No change

Corporate Tax Rate

Corporate Tax Rate
8–20%
8%/20%; China gas pipeline dominant
No change
22–25%
Pillar Two domestic rules being finalized
No change

Capital Gains Tax

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

Social Security & Payroll

Social Security / Payroll
~35%
State-funded social system; gas wealth subsidizes pensions
No change
24%
New social security code implementation ongoing
No change
State, Regional & Local Taxes

🇹🇲 Turkmenistan — Velayat & Etrap Administrations

Turkmenistan's 5 velayats (provinces) and Ashgabat city have highly centralized administration under an authoritarian state. Turkmenistan has among the world's largest natural gas reserves, exporting most to China. The economy is heavily state-controlled with limited private sector. Citizens historically received free gas, electricity, water, and subsidized food (subsidies now being reformed). International transparency is very limited, making reliable tax data difficult to obtain from this closed state.

🇮🇳 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.

⚠️ 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.

Turkmenistan vs India: Key Tax Differences (2026)

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

🛒 VAT/Sales Tax: India has a higher consumption tax (15% vs 0–28%).

🏢 Corporate Tax: 🇹🇲 Turkmenistan offers a lower corporate rate (20% vs 25%), which can influence business location decisions.

📈 Capital Gains: 🇹🇲 Turkmenistan taxes investment gains at a lower rate (10% vs 20%), benefiting investors.

Related Comparisons

🇹🇲 Turkmenistan vs 🇦🇩 AndorraTax comparison🇹🇲 Turkmenistan vs 🇲🇨 MonacoTax comparison🇹🇲 Turkmenistan vs 🇱🇮 LiechtensteinTax comparison🇹🇲 Turkmenistan vs 🇸🇲 San MarinoTax comparison🇹🇲 Turkmenistan vs 🇧🇧 BarbadosTax comparison🇹🇲 Turkmenistan vs 🇹🇹 Trinidad and TobagoTax comparison🇹🇲 Turkmenistan vs 🇧🇸 BahamasTax comparison🇹🇲 Turkmenistan vs 🇧🇿 BelizeTax comparison🇹🇲 Turkmenistan vs 🇳🇮 NicaraguaTax comparison🇹🇲 Turkmenistan vs 🇬🇾 GuyanaTax comparison🇹🇲 Turkmenistan vs 🇸🇷 SurinameTax comparison🇹🇲 Turkmenistan vs 🇫🇯 FijiTax comparison
All 🇹🇲 Turkmenistan comparisons →All 🇮🇳 India comparisons →