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Reforms in Tax Rates - tax rates of the major countries of Asia

News and Press Release - Dated:- 27-2-2016 - The details of the tax rates of the major countries of Asia have been taken from the KPMG Report on Global Rates, 2015 and are mentioned below: Country Corporate Individual Income Afghanistan 20 - Banglade .....

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. As far as Indirect Taxes are concerned, tax to GDP ratio during Financial Year 2014-15 was 4.4%. Tax rates are higher because of exemptions and deductions provided for in the Income Tax Act, 1961. Taking into account the revenue foregone on account .....

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