Larger companies earning profits before tax worth more than five billion Indian rupees had an effective tax rate of 21.9 percent, the lowest among other profit brackets in the financial year 2022. After the corporate tax cuts of 2019, companies are paying a smaller share of profits than the statutory rate. The actual tax outgo as a share of profits is called the effective tax rate.
Effective tax rate of companies in India in financial year 2022, by profit before tax
Characteristic
Effective tax rate
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Various sources, & Livemint. (March 26, 2023). Effective tax rate of companies in India in financial year 2022, by profit before tax [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1464300/india-effective-tax-rate-of-companies-by-profit-before-tax/
Various sources, und Livemint. "Effective tax rate of companies in India in financial year 2022, by profit before tax." Chart. March 26, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1464300/india-effective-tax-rate-of-companies-by-profit-before-tax/
Various sources, Livemint. (2023). Effective tax rate of companies in India in financial year 2022, by profit before tax. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1464300/india-effective-tax-rate-of-companies-by-profit-before-tax/
Various sources, and Livemint. "Effective Tax Rate of Companies in India in Financial Year 2022, by Profit before Tax." Statista, Statista Inc., 26 Mar 2023, https://www.statista.com/statistics/1464300/india-effective-tax-rate-of-companies-by-profit-before-tax/
Various sources & Livemint, Effective tax rate of companies in India in financial year 2022, by profit before tax Statista, https://www.statista.com/statistics/1464300/india-effective-tax-rate-of-companies-by-profit-before-tax/ (last visited August 24, 2024)
Effective tax rate of companies in India in financial year 2022, by profit before tax [Graph], Various sources, & Livemint, March 26, 2023. [Online]. Available: https://www.statista.com/statistics/1464300/india-effective-tax-rate-of-companies-by-profit-before-tax/