The Social Security Rate in India stands at 24 percent.

Social Security Rate in India is expected to be 24.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Social Security Rate is projected to trend around 24.00 percent in 2020, according to our econometric models.

India Social Security Rate
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Forecast Data Chart
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India Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 34.61 34.61 38.95 32.44 percent [+]
Personal Income Tax Rate 35.88 35.54 35.88 30.00 percent [+]
Sales Tax Rate 18.00 18.00 18.00 12.36 percent [+]
Social Security Rate 24.00 24.00 24.00 24.00 percent [+]
Social Security Rate For Companies 12.00 12.00 12.00 12.00 percent [+]
Social Security Rate For Employees 12.00 12.00 12.00 12.00 percent [+]


India Social Security Rate

In India, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of India because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - India Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Social Security Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
24.00 24.00 24.00 24.00 2008 - 2018 percent Yearly




Country Last Previous
France 59.20 Dec/18
China 48.00 Dec/18
Netherlands 46.34 Dec/18
Argentina 44.00 Dec/18
Germany 40.21 Dec/18
Brazil 39.80 Dec/18
Italy 39.49 Dec/18
Turkey 37.50 Dec/18
Singapore 37.00 Dec/18
Spain 36.25 Dec/18
Russia 30.00 Dec/18
Japan 29.20 Dec/18
United Kingdom 25.80 Dec/18
India 24.00 Dec/18
Saudi Arabia 22.00 Dec/18
South Korea 18.81 Dec/18
United States 15.30 Dec/18
Canada 13.81 Dec/18
Switzerland 12.46 Dec/18
Australia 11.50 Dec/18
Indonesia 9.74 Dec/18
Mexico 9.23 Dec/18
South Africa 2.00 Dec/18


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