India | United Arab Emirates | Difference in United Arab Emirates | |
---|---|---|---|
Gross Income | 3,196,681.65 INR / 29,999.99 GBP | 138,989.79 AED / 30,000.00 GBP | - 0.00 GBP |
Tax Due | 661,964.67 INR / 6,212.36 GBP | 24,323.21 AED / 5,250.00 GBP | - 962.36 GBP |
Net Income | 2,534,716.98 INR / 23,787.63 GBP | 114,666.58 AED / 24,750.00 GBP | + 962.36 GBP |
Overall Tax Rate | 20.7 % | 17.5 % | - 3.20 %. |
Figures based upon 1 INR = 0.00938473 GBP.
Figures based upon 1 AED = 0.21584319 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.
In United Arab Emirates, an income of 138,989.79 AED / 30,000.00 GBP is more than the lowest average advertised salary of 14,400.00 AED / 3,108.14 GBP and less than the country's average income of 160,489.00 AED / 34,640.46 GBP.
Here are how much some common purchases cost in India vs United Arab Emirates:
India | United Arab Emirates | Difference in United Arab Emirates | |
---|---|---|---|
Water Bottle (1.5L) | 27.83 INR / 0.26 GBP | 1.75 AED / 0.38 GBP | + 0.12 GBP |
Milk Bottle (1L) | 45.81 INR / 0.43 GBP | 5.42 AED / 1.17 GBP | + 0.74 GBP |
Pint of Beer | 120.00 INR / 1.13 GBP | 40.00 AED / 8.63 GBP | + 7.50 GBP |
Bread (500g) | 29.20 INR / 0.27 GBP | 3.70 AED / 0.80 GBP | + 0.53 GBP |
Chicken Breasts (1kg) | 216.12 INR / 2.03 GBP | 23.02 AED / 4.97 GBP | + 2.94 GBP |
Petrol UK Gallon | 348.97 INR / 3.27 GBP | 10.32 AED / 2.23 GBP | - 1.04 GBP |
Volkswagen Golf or Equivalent | 800,000.00 INR / 7,507.78 GBP | 80,000.00 AED / 17,267.46 GBP | + 9,759.67 GBP |
Broadband Internet Monthly | 882.80 INR / 8.28 GBP | 360.34 AED / 77.78 GBP | + 69.50 GBP |
Rent One Bedroom Apt. In City (Monthly) | 11,243.07 INR / 105.51 GBP | 5,016.73 AED / 1,082.83 GBP | + 977.32 GBP |
Purchase One Bedroom Apt. In City | 3,360,681.80 INR / 31,539.09 GBP | 311,846.85 AED / 67,310.02 GBP | + 35,770.92 GBP |
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).
Part of Asia, United Arab Emirates covers an area of 106,574 square kilometers.
United Arab Emirates has a Gross Domestic Product (PPP) of 667.21 ($ Billion) from a population of 83,609.
There is no personal income tax legislation.
United Arab Emirates nationals or GCC nationals are required to make social security contributions however.
For UAE national employees, the contribution rate is 17.5% of gross remuneration.
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 India and United Arab Emirates 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 India's and United Arab Emirates'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.