UKTaxCalculators World

comparing japan and india

JapanIndiaDifference in India
Gross Income 4,242,674.34 JPY / 29,999.99 GBP 2,753,922.27 INR / 29,999.99 GBP - 0.00 GBP
Tax Due 1,342,783.33 JPY / 9,494.83 GBP 964,147.35 INR / 10,502.99 GBP + 1,008.15 GBP
Net Income 2,899,891.01 JPY / 20,505.16 GBP 1,789,774.92 INR / 19,497.00 GBP - 1,008.15 GBP
Overall Tax Rate 31.6 % 35 % + 3.40 %.

Figures based upon 1 JPY = 0.00707101 GBP.

Figures based upon 1 INR = 0.01089355 GBP.

In Japan, an income of 4,242,674.34 JPY / 29,999.99 GBP is more than the lowest average advertised salary of 1,530,000.00 JPY / 10,818.65 GBP and less than the country's average income of 5,400,000.00 JPY / 38,183.45 GBP.

In India, an income of 2,753,922.27 INR / 29,999.99 GBP is more than the lowest average advertised salary of 35,620.00 INR / 388.03 GBP and more than the country's average income of 909,474.00 INR / 9,907.40 GBP.

Here are how much some common purchases cost in Japan vs India:

JapanIndiaDifference in India
Water Bottle (1.5L) 132.51 JPY / 0.94 GBP 27.59 INR / 0.30 GBP - 0.64 GBP
Milk Bottle (1L) 186.72 JPY / 1.32 GBP 43.20 INR / 0.47 GBP - 0.85 GBP
Pint of Beer 400.00 JPY / 2.83 GBP 100.00 INR / 1.09 GBP - 1.74 GBP
Bread (500g) 180.57 JPY / 1.28 GBP 27.66 INR / 0.30 GBP - 0.98 GBP
Chicken Breasts (1kg) 893.57 JPY / 6.32 GBP 205.71 INR / 2.24 GBP - 4.08 GBP
Petrol UK Gallon 580.76 JPY / 4.11 GBP 311.97 INR / 3.40 GBP - 0.71 GBP
Volkswagen Golf or Equivalent 2,500,000.00 JPY / 17,677.53 GBP 800,000.00 INR / 8,714.84 GBP - 8,962.69 GBP
Broadband Internet Monthly 4,121.05 JPY / 29.14 GBP 1,187.10 INR / 12.93 GBP - 16.21 GBP
Rent One Bedroom Apt. In City (Monthly) 85,549.15 JPY / 604.92 GBP 11,263.41 INR / 122.70 GBP - 482.22 GBP
Purchase One Bedroom Apt. In City 32,645,277.70 JPY / 230,835.09 GBP 3,253,785.85 INR / 35,445.28 GBP - 195,389.85 GBP

Part of Asia, Japan covers an area of 364,503 square kilometers.

Japan has a Gross Domestic Product (PPP) of 4,931.88 ($ Billion) from a population of 126,045,211.

A progressive tax system spread over 7 bands - ranging from 5% to 45%.

Tax bands are as follow:

Below 1950000 JPY - 5%

Between 1950000 JPY and 3300000 JPY - 10%.

Between 3300000 JPY and 6950000 JPY - 20%.

Between 6950000 JPY and 9000000 JPY - 23%.

Between 9000000 JPY and 18000000 JPY - 33%.

Between 18000000 JPY and 40000000 JPY - 40%.

Above 40000000 JPY - 45%.

A surcharge is applicable of 2.1% on the calculated national income tax.

A local inhabitant's income tax is also imposed at a 10% flat rate on taxable income.

Employee's can use an earned income deduction to reduce the amount taxable - this is based on a scale.

Residents receive a national and local personal tax exemption this is on a scale from 480,000 JPY to 0 JPY.

Social insurance premiums in Tokyo charged on gross income are: Health 4.98% (Capped at 16.68M JPY of gross income), Welfare and Pension 9.091% (Capped at 7.44M JPY of gross income), Unemployment 0.85% (not capped).

Source: https://www.nta.go.jp/foreign_language/.

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 4 bands with rates ranging from 0% to 30%.

Tax bands are as follow:

Below 250000 INR - 0%

Between 250000 INR and 500000 INR - 5%.

Between 500000 INR and 1000000 INR - 20%.

Above 1000000 INR - 30%.

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 Japan 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 Japan'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!

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