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I'll leave it for you to judge - https://economictimes.indiatimes.com/wealth/tax/latest-income-tax-slabs/articleshow/62751981.cms?from=mdr https://economictimes
by rockyj 6y ago
I'll leave it for you to judge - https://economictimes.indiatimes.com/wealth/tax/latest-income-tax-slabs/articleshow/62751981.cms?from=mdr https://economictimes.indiatimes.com/wealth/tax/latest-incom...
1 Lakh = 100,000
1 USD = 73 Rs.
A mid-level manager / programmer would pay around 20-25% in taxes.
Plus, Current GST (VAT) rate in India is 18% for goods and services like most countries. There are reduced rates 0%, 5% and 12% for some goods and services, and 28% luxury rate for some items.
And finally, other tariffs on things like iPhone, computer parts, cars etc.
- sudosysgen 6y agoThat seems fairly low given the fact that a mid-level programmer is pretty fortunate relatively