Rental Income Tax in India compared to Asia
India: Rental income taxes (%).
Tax on the average annual rental income in the country, based on the following assumptions:
- Gross rental income: $1,500/month
- Owned by a foreign, non-resident individual
- No other local income, no mortgage
These figures are for reference only; always consult a reputable lawyer for accurate advice. In many countries, it is more tax-efficient to buy and rent through a company. For more information on property taxes, click on the country links. Updated biannually.
Last updated October, 2024
| Philippines, Manila |
25.00%
|
| Singapore |
24.00%
|
| South Korea, Seoul |
22.00%
|
| Japan, Tokyo |
20.42%
|
| China, Beijing |
20.00%
|
| Taiwan, Taipei |
18.00%
|
| Hong Kong |
15.00%
|
| Vietnam, Hanoi |
10.00%
|
| India, Mumbai |
10.00%
|
| Indonesia, Jakarta |
10.00%
|
| Malaysia, Kuala Lumpur |
10.00%
|
| Thailand, Bangkok |
7.24%
|
| Georgia, Tbilisi |
5.00%
|
India real estate data, including prices, rents, and sizes in square meters, has been compiled and analyzed from the following sources:
- National Housing Bank
- Makaan
- Database on Indian Economy
- NHB Residex