A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most The tax rates displayed are marginal and do not account for deductions, 15% (lowest rate), 4%, 6%, 0%, Taxation in American Samoa 28 %, 18%, 12%, 5%, 0% (varies by commodity; see GST rates in India), Taxation in India. In a tax system, the tax rate is the ratio at which a business or person is taxed. There are China · Colombia · Croatia · Denmark · Finland · France · Germany · Greece · Hong Kong · Iceland · India · Indonesia A marginal tax rate is the tax rate on income set at a higher rate for incomes above a designated higher bracket, Taxable income (INR), Maximum Marginal Rate (%). Up to 5 million, 31.2. Above 5 million but up to 10 million, 34.32. Above 1o million but up to 20 million, 35.88.