India vs Equatorial Guinea
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฎ๐ณ India โ State, Professional & GST Variation
India's 28 states levy professional tax (up to โน2,500/year), stamp duty on property (3%โ8%), 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.
๐ฌ๐ถ Equatorial Guinea โ Equatorial Guinea Tax System
Equatorial Guinea has progressive income tax up to 35%. VAT is 15%. The country became sub-Saharan Africa's third-largest oil producer after 1995 oil discoveries, making it one of the wealthiest by GDP per capita โ but extreme inequality means most citizens remain poor. The Obiang family has ruled since 1979. Oil revenue is declining; diversification efforts continue.
India vs Equatorial Guinea: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฌ๐ถ Equatorial Guinea has a higher top income tax rate (0โ30% vs 0โ35%). ๐ฎ๐ณ India is more favourable for high earners.
๐ VAT/Sales Tax: India has a higher consumption tax (0โ28% vs 15%).
๐ข Corporate Tax: ๐ฎ๐ณ India offers a lower corporate rate (25% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐ฎ๐ณ India taxes investment gains at a lower rate (20% vs 35%), benefiting investors.