India vs Finland
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.
๐ซ๐ฎ Finland โ Municipal Income Tax
Finland's 309 municipalities set their own income tax rates (municipal tax) ranging from ~16.5% to ~22.5%, averaging ~20%. This is added to the national progressive income tax. The church tax of 1%โ2.2% applies to members. No regional income tax. The 'solidarity tax' on high earners (2%) applies nationally. Municipalities also levy real estate tax on property owners. The welfare state is heavily funded by these high combined tax rates.
India vs Finland: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ซ๐ฎ Finland has a higher top income tax rate (0โ30% vs ~44โ51.4%). ๐ฎ๐ณ India is more favourable for high earners.
๐ VAT/Sales Tax: India has a higher consumption tax (0โ28% vs 10โ25.5%).
๐ข Corporate Tax: ๐ซ๐ฎ Finland offers a lower corporate rate (20% vs 25%), which can influence business location decisions.
๐ Capital Gains: ๐ฎ๐ณ India taxes investment gains at a lower rate (20% vs 34%), benefiting investors.