The effective tax rate in India has been on a decline since 2018. 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 listed companies in India from March 2018 to March 2022
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Various sources, & Livemint. (March 26, 2023). Effective tax rate of listed companies in India from March 2018 to March 2022 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1464301/india-effective-tax-rate-of-listed-companies/
Various sources, und Livemint. "Effective tax rate of listed companies in India from March 2018 to March 2022." Chart. March 26, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1464301/india-effective-tax-rate-of-listed-companies/
Various sources, Livemint. (2023). Effective tax rate of listed companies in India from March 2018 to March 2022. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1464301/india-effective-tax-rate-of-listed-companies/
Various sources, and Livemint. "Effective Tax Rate of Listed Companies in India from March 2018 to March 2022." Statista, Statista Inc., 26 Mar 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1464301/india-effective-tax-rate-of-listed-companies/
Various sources & Livemint, Effective tax rate of listed companies in India from March 2018 to March 2022 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1464301/india-effective-tax-rate-of-listed-companies/ (last visited November 10, 2024)
Effective tax rate of listed companies in India from March 2018 to March 2022 [Graph], Various sources, & Livemint, March 26, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1464301/india-effective-tax-rate-of-listed-companies/
