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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 - Bangladesh 27.5 30 China 25 45 India 34.61 33.91 Japan 33.06 50.84 Kazakhstan 20 10 Malaysia 25 25 Pakistan 33 - Singapore 17 20 Srilanka 28 24 In view of above, the Indian tax rates for direct taxes are higher than the average tax rate among Asian countries .....

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