On this web page, you can find that Income Tax Comparison Of Top 10 Countries in the world. Here you also can find that how much tax deduction happen in many or different part of the world and also compare it with Indian Income Tax rate.
We are taking basic or common income of rupees 10 Lakhs and after that we will calculate take home income after deducting Tax as per rate of many different countries.
We are taking basic or common income of rupees 10 Lakhs and after that we will calculate take home income after deducting Tax as per rate of many different countries.
Income Tax Comparion Of Top 10 Countries Of The World:
1. Japan: Japan is the one of the top 10 countries which has highest Income Tax comparison.
Income Tax Rate in Japan Country is 50.84%
Japan's Take Home income on 10 Lakh will be Rs. 4,91,600. This Take Home income is less than Half of what they earn money.
2. USA: USA is at second position in income tax rate. You can know about that Income Tax Rate in USA is 39.60%.
Take Home inome of this country is well than Japanese and their salary is quite better than Japanese. Take Home income on 10 Lakh will be Rs. 6,04,000.
2. USA: USA is at second position in income tax rate. You can know about that Income Tax Rate in USA is 39.60%.
Take Home inome of this country is well than Japanese and their salary is quite better than Japanese. Take Home income on 10 Lakh will be Rs. 6,04,000.
3. China: The Income Tax Rate in China is 45% and Take homed income on 10 Lakh will be Rs. 5,50,000 which is compared to USA deduction is quite high due to big difference in average Salary.
4. Ivory Coast: Ivory Coast is at forth place in income tax rate. The Income Tax Rate in Ivory Coast is 60% and Take Home income on 10 Lakh will be Rs. 4,00,000. I can't say about that you will go there for any job.
5. India: India is also in top 10 countries which has highest tax rate. In India Income Tax Rate in India is 33.99% and Take Home income on 10 Lakh will be Rs. 6,60,000 which is Lower than China Japan and USA but we think that its high enough for India country.
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| Top 10 Income tax comparison of 10 countries |
Income Tax Comparison Of 10 (Ten) Countries For Lowest Tax Rate:
1. Pakistan: Pakistan is at first place in top ten countries for lowest tax rate. The Income Tax in Pakistan is 20% and Take Home income on 10 Lakh will be Rs 8,00,000.
2. Hong Kong: Income Tax Rate in Hong Kong is 15% and Take Home income on 10 Lakh will be 8,50,000 Rs. This is nice because of big or high average salary and low personal tax rate.
3.Russia: Income Tax Rate in Russia is 13% and Take Home income on 10 Lakh will be Rs. 8,70,000. This is nice and developing country but it is not a big deal on the other hand we can say that this country has an option to move forehead.
4.Mongolia: Income Tax Rate in Mongolia is 10% and Take Home income on 10 Lakh will be Rs. 9,00,000 and it is lower than Russia country but it is not good if you are thinking to move in this country.
5.UAE & Saudi Arab: Income Tax Rate in Both Country is 0% and Take Home income on 10 Lakh will be Rs. 10,00,000. You should move to UAE or Saudi Arab then why are waiting, lets start packing.
On this web page we told you about the highest Top 10 Income Comaparison Of 10 Countries. We told you here about high tax rate and lower tax rate of the countries.
2. Hong Kong: Income Tax Rate in Hong Kong is 15% and Take Home income on 10 Lakh will be 8,50,000 Rs. This is nice because of big or high average salary and low personal tax rate.
3.Russia: Income Tax Rate in Russia is 13% and Take Home income on 10 Lakh will be Rs. 8,70,000. This is nice and developing country but it is not a big deal on the other hand we can say that this country has an option to move forehead.
4.Mongolia: Income Tax Rate in Mongolia is 10% and Take Home income on 10 Lakh will be Rs. 9,00,000 and it is lower than Russia country but it is not good if you are thinking to move in this country.
5.UAE & Saudi Arab: Income Tax Rate in Both Country is 0% and Take Home income on 10 Lakh will be Rs. 10,00,000. You should move to UAE or Saudi Arab then why are waiting, lets start packing.
On this web page we told you about the highest Top 10 Income Comaparison Of 10 Countries. We told you here about high tax rate and lower tax rate of the countries.
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