Taxes: Where people pay more tax – India, US, or Dubai?
Summary points: India: At a rs.50l ctc, you face a 26% Income Tax Hit (Rs. 13 Lakhs), Plus GST (AVG. 12% of Spending), Pushing Total Tax to 32.2%, that’s a lot of money. Usa: A PPP-Equivalent of (Rs.50 Laks) $ 171,429 Salary Sees 25.4% in Federal Taxes ($ 43,619), with 7% sales tax bumping it … Read more