Saint Vincent and the Grenadines vs India
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.
๐ป๐จ Saint Vincent and the Grenadines โ SVG Tax System
Saint Vincent and the Grenadines taxes individual income at progressive rates up to 30%. No capital gains tax. VAT of 15% was introduced in 2007. The country is developing its offshore financial sector and Citizenship by Investment programme. Banana exports and tourism are key economic pillars.
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.
Saint Vincent and the Grenadines vs India: Key Tax Differences (2026)
๐ฐ Income Tax: Saint Vincent and the Grenadines and India have similar top income tax rates (0โ30% vs 0โ30%).
๐ VAT/Sales Tax: India has a higher consumption tax (15% vs 0โ28%).
๐ข Corporate Tax: ๐ฎ๐ณ India offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ป๐จ Saint Vincent and the Grenadines taxes investment gains at a lower rate (0% vs 20%), benefiting investors.