India vs Belgium Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
42.7%Lower
50%
Corporate Tax
25.2%
25%Lower
Capital Gains
20%
0%Lower
VAT / Sales Tax
18%Lower
21%
| Category | ||
|---|---|---|
| Tax System | Progressive | Progressive |
| Top Income Tax | 42.7% | 50% |
| Corporate Tax | 25.2% | 25% |
| Capital Gains | 20% | 0% |
| VAT / Sales Tax | 18% | 21% |
| Crypto Tax | Yes | Yes |
| Wealth Tax | No | No |
| Tax Treaties | 95 | 95 |
| Currency | INR | EUR |
The bottom line: India vs Belgium
India and Belgium are evenly matched on the four headline taxes, each coming out lower on two of them — so the better choice depends on your specific income mix. India runs a progressive tax system, while Belgium uses a progressive one.
- Income tax: India is lower (42.7% vs 50%)
- Corporate tax: Belgium is lower (25.2% vs 25%)
- Capital gains tax: Belgium is lower (20% vs 0%)
- VAT / sales tax: India is lower (18% vs 21%)