UKTaxCalculators World

comparing tax in ireland with india

IrelandIndiaDifference 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 5,982.21 EUR / 5,001.00 GBP 661,964.67 INR / 6,212.36 GBP + 1,211.36 GBP
Net Income 29,903.85 EUR / 24,999.00 GBP 2,534,716.98 INR / 23,787.63 GBP - 1,211.36 GBP
Overall Tax Rate 16.7 % 20.7 % + 4.00 %.

Figures based upon 1 EUR = 0.83597921 GBP.

Figures based upon 1 INR = 0.00938473 GBP.

In Ireland, an income of 35,886.06 EUR / 30,000.00 GBP is more than the lowest average advertised salary of 12,000.00 EUR / 10,031.75 GBP and less than the country's average income of 38,200.00 EUR / 31,934.41 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 Ireland vs India:

IrelandIndiaDifference in India
Water Bottle (1.5L) 1.44 EUR / 1.20 GBP 27.83 INR / 0.26 GBP - 0.94 GBP
Milk Bottle (1L) 1.05 EUR / 0.88 GBP 45.81 INR / 0.43 GBP - 0.45 GBP
Pint of Beer 5.00 EUR / 4.18 GBP 120.00 INR / 1.13 GBP - 3.05 GBP
Bread (500g) 1.54 EUR / 1.29 GBP 29.20 INR / 0.27 GBP - 1.02 GBP
Chicken Breasts (1kg) 8.44 EUR / 7.06 GBP 216.12 INR / 2.03 GBP - 5.03 GBP
Petrol UK Gallon 6.45 EUR / 5.39 GBP 348.97 INR / 3.27 GBP - 2.13 GBP
Volkswagen Golf or Equivalent 25,000.00 EUR / 20,899.48 GBP 800,000.00 INR / 7,507.78 GBP - 13,391.69 GBP
Broadband Internet Monthly 51.73 EUR / 43.25 GBP 882.80 INR / 8.28 GBP - 34.97 GBP
Rent One Bedroom Apt. In City (Monthly) 1,205.57 EUR / 1,007.83 GBP 11,243.07 INR / 105.51 GBP - 902.32 GBP
Purchase One Bedroom Apt. In City 186,289.95 EUR / 155,734.53 GBP 3,360,681.80 INR / 31,539.09 GBP - 124,195.42 GBP

Part of Europe, Ireland covers an area of 68,928 square kilometers.

Ireland has a Gross Domestic Product (PPP) of 324.30 ($ Billion) from a population of 4,749,153.

A progressive tax system split into 2 bands (20% and 40%).

Everything earned after the standard-rate cut off (42,000 EUR in 2024) is charged the higher rate of tax (40% in 2024).

All taxpayers receive a personal tax credit of 1,875 EUR (2024) to be deducted from the tax bill.

A Universal Social Charge (USC) is also levied on gross income and is made up of 4 bands in general.

Up to 12,012 EUR - 0.5%.

Between 12,012 EUR and 25,760 EUR - 2.0%.

Between 25,760 EUR and 70,044 EUR - 4.0%.

Above 70,044 EUR - 8%.

People earning below 13,000 EUR do not have to pay the USC.

PRSI (Pay related Social Insurance) of 4% is also deducted from gross income over 18,304 EUR.

Source: http://www.citizensinformation.ie/en/money_and_tax/tax/income_tax/how_your_tax_is_calculated.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).

Help

This calculator allows you to calculate income taxes and social contributions equivalent for Ireland 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 Ireland'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.

How we compare world taxes

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!

Help - find relevant tax tools and calculators - go back to top

Answer a few questions below and we will list relevant tax calculators and tools that can help you organise, budget and ultimately save you money!
are you an employee?