Germany | India | Difference in India | |
---|---|---|---|
Gross Income | 35,886.06 EUR / 30,000.00 GBP | 3,196,681.65 INR / 29,999.99 GBP | - 0.00 GBP |
Tax Due | 9,222.23 EUR / 7,709.59 GBP | 661,964.67 INR / 6,212.36 GBP | - 1,497.23 GBP |
Net Income | 26,663.83 EUR / 22,290.41 GBP | 2,534,716.98 INR / 23,787.63 GBP | + 1,497.23 GBP |
Overall Tax Rate | 25.7 % | 20.7 % | - 5.00 %. |
Figures based upon 1 EUR = 0.83597921 GBP.
Figures based upon 1 INR = 0.00938473 GBP.
In Germany, an income of 35,886.06 EUR / 30,000.00 GBP is more than the lowest average advertised salary of 18,900.00 EUR / 15,800.01 GBP and less than the country's average income of 43,000.00 EUR / 35,947.11 GBP.
In India, an income of 3,196,681.65 INR / 29,999.99 GBP is more than the lowest average advertised salary of 35,620.00 INR / 334.28 GBP and more than the country's average income of 909,474.00 INR / 8,535.17 GBP.
Here are how much some common purchases cost in Germany vs India:
Germany | India | Difference in India | |
---|---|---|---|
Water Bottle (1.5L) | 0.34 EUR / 0.28 GBP | 27.83 INR / 0.26 GBP | - 0.02 GBP |
Milk Bottle (1L) | 0.70 EUR / 0.59 GBP | 45.81 INR / 0.43 GBP | - 0.16 GBP |
Pint of Beer | 3.50 EUR / 2.93 GBP | 120.00 INR / 1.13 GBP | - 1.80 GBP |
Bread (500g) | 1.30 EUR / 1.09 GBP | 29.20 INR / 0.27 GBP | - 0.82 GBP |
Chicken Breasts (1kg) | 7.34 EUR / 6.14 GBP | 216.12 INR / 2.03 GBP | - 4.11 GBP |
Petrol UK Gallon | 6.36 EUR / 5.32 GBP | 348.97 INR / 3.27 GBP | - 2.05 GBP |
Volkswagen Golf or Equivalent | 20,000.00 EUR / 16,719.58 GBP | 800,000.00 INR / 7,507.78 GBP | - 9,211.79 GBP |
Broadband Internet Monthly | 30.14 EUR / 25.20 GBP | 882.80 INR / 8.28 GBP | - 16.92 GBP |
Rent One Bedroom Apt. In City (Monthly) | 702.47 EUR / 587.25 GBP | 11,243.07 INR / 105.51 GBP | - 481.74 GBP |
Purchase One Bedroom Apt. In City | 167,807.15 EUR / 140,283.29 GBP | 3,360,681.80 INR / 31,539.09 GBP | - 108,744.19 GBP |
Part of Europe, Germany covers an area of 348,621 square kilometers.
Germany has a Gross Domestic Product (PPP) of 3,979.08 ($ Billion) from a population of 80,636,124.
A progressive tax system spread over 4 bands ranging from 0% to 45%.
Tax bands are as follow:
Below 11604 EUR - 0%
Between 11604 EUR and 66760 EUR - 14%.
Between 66760 EUR and 277825 EUR - 42%.
Above 277825 EUR - 45%.
The first band is essentially the tax-free allowance of 11,604 EUR.
A default deduction is allowed of 1,230 EUR for work-related expenses.
Social contributions made by the employee are : Pension 9.3%, Unemployment 1.3%, Health 7.3%, and Nursing 1.525%.
Social contributions are deducted before calculating taxable income
These contributions are made as a percentage of the entire gross wage - limited to 90,600 EUR (Pension and Unemployment), 62,100 EUR (Health and Nursing).
Source: http://www.bundesfinanzministerium.de/Web/EN/Issues/Taxation/taxation.html.
Source: XE.com (Currency Conversion).
Source: SalaryExplorer.com (Averages from average salaries in major job categories).
Source: Numbeo.com (Cost of living).
Part of Asia, India covers an area of 2,973,450 square kilometers.
India has a Gross Domestic Product (PPP) of 8,720.51 ($ Billion) from a population of 1,342,512,706.
A progressive tax system consisting of 6 bands with rates ranging from 0% to 30%.
There is a standard deduction of 75,000 INR
Tax bands are as follow:
Below 300000 INR - 0%
Between 300000 INR and 600000 INR - 5%.
Between 600000 INR and 900000 INR - 10%.
Between 900000 INR and 1200000 INR - 15%.
Between 1200000 INR and 1500000 INR - 20%.
Above 1500000 INR - 30%.
There is a surcharge applied on top of the basic income tax for individuals with higher incomes. It's calculated as a percentage of the income tax.
Income up to 5,000,000 INR has no surcharge.
Income between 5,000,000 INR and 10,000,000 has a 10% surcharge on the income tax.
Income between 10,000,000 INR and 20,000,000 has a 15% surcharge on the income tax.
Income between 20,000,000 INR and 50,000,000 has a 25% surcharge on the income tax.
Income over 50,000,000 INR has a 37% surcharge on the income tax.
There is a Health and Education Cess of 4 percent of the total calculated tax inc. surcharge.
Source: XE.com (Currency Conversion).
Source: SalaryExplorer.com (Averages from average salaries in major job categories).
Source: Numbeo.com (Cost of living).
This calculator allows you to calculate income taxes and social contributions equivalent for Germany and India and allow comparison between both. You can choose the preferred currency for the input amounts and displayed calculation. For example: If you choose GBP as your preferred currency, then the income entered will be converted to Germany's and India's native currencies for the calculation so that correct income equivalent is used. The results will then be shown in the native currencies and GBP.
We have trawled through the quagmire of tax legislation for 16 of the World's major economies and created a comparable position as close to the UK's PAYE (Pay As You Earn) system for employed people.
We look at each country's taxation for employed people, as well as things like medical care which are part of social contributions for some countries or require mandatory purchase of health insurance.
Combining this information lets us calculate taxes for each of the 16 countries and then do not only a taxation comparison but also a comparison of buying power based upon commonly purchased items.
It is quick and easy to use and you can get a detailed result at the click/tap of a button!
Compare tax using these examples:
We currently support the following countries - by clicking on the links below you can just do an individual tax calculation for those countries - or scroll up and compare tax between two countries directly!
Source: https://www.impots.gouv.fr/portail/international
Source: http://www.citizensinformation.ie/en/money_and_tax/tax/income_tax/how_your_tax_is_calculated.html
Source: http://www1.agenziaentrate.gov.it/english/revenue_agency/index_revenue.htm
Source: http://www.impotsdirects.public.lu/fr.html
Source: http://www.agenciatributaria.es/AEAT.internet/en_gb/Inicio.shtml
Source: https://www.estv.admin.ch/estv/en/home.html.
Source: https://www.gov.uk/government/organisations/hm-revenue-customs.
Source: http://www.bundesfinanzministerium.de/Web/EN/Issues/Taxation/taxation.html.
Source: https://www.irs.gov/tax-professionals/tax-code-regulations-and-official-guidance.
Source: http://www.cra-arc.gc.ca/tx/ndvdls/fq/txrts-eng.html
Source: https://www.ato.gov.au.
Source: http://www.ird.govt.nz/how-to/taxrates-codes/rates/itaxsalaryandwage-incometaxrates.html.
Source: https://www.nta.go.jp/foreign_language/.
Source: http://www.chinatax.gov.cn/2013/n2925/.
* calculations are currently based on the 2024 tax rules, rates and allowances for comparable single individuals in each country.