UKTaxCalculators World

comparing united states and india

United StatesIndiaDifference in India
Gross Income 39,611.79 USD / 30,000.00 GBP 2,726,576.79 INR / 30,000.01 GBP - 0.00 GBP
Tax Due 6,153.22 USD / 4,660.14 GBP 952,662.25 INR / 10,481.96 GBP + 5,821.82 GBP
Net Income 33,458.57 USD / 25,339.86 GBP 1,773,914.54 INR / 19,518.04 GBP - 5,821.82 GBP
Overall Tax Rate 15.5 % 34.9 % + 19.40 %.

Figures based upon 1 USD = 0.75735027 GBP.

Figures based upon 1 INR = 0.01100281 GBP.

In United States, an income of 39,611.79 USD / 30,000.00 GBP is more than the lowest average advertised salary of 24,694.00 USD / 18,702.01 GBP and less than the country's average income of 60,000.00 USD / 45,441.02 GBP.

In India, an income of 2,726,576.79 INR / 30,000.01 GBP is more than the lowest average advertised salary of 35,620.00 INR / 391.92 GBP and more than the country's average income of 909,474.00 INR / 10,006.77 GBP.

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

United StatesIndiaDifference in India
Water Bottle (1.5L) 1.77 USD / 1.34 GBP 27.59 INR / 0.30 GBP - 1.04 GBP
Milk Bottle (1L) 0.87 USD / 0.66 GBP 43.20 INR / 0.48 GBP - 0.18 GBP
Pint of Beer 4.00 USD / 3.03 GBP 100.00 INR / 1.10 GBP - 1.93 GBP
Bread (500g) 2.55 USD / 1.93 GBP 27.66 INR / 0.30 GBP - 1.63 GBP
Chicken Breasts (1kg) 8.55 USD / 6.48 GBP 205.71 INR / 2.26 GBP - 4.22 GBP
Petrol UK Gallon 2.77 USD / 2.10 GBP 311.97 INR / 3.43 GBP + 1.33 GBP
Volkswagen Golf or Equivalent 21,497.50 USD / 16,281.14 GBP 800,000.00 INR / 8,802.25 GBP - 7,478.89 GBP
Broadband Internet Monthly 52.61 USD / 39.84 GBP 1,187.10 INR / 13.06 GBP - 26.78 GBP
Rent One Bedroom Apt. In City (Monthly) 1,169.34 USD / 885.60 GBP 11,263.41 INR / 123.93 GBP - 761.67 GBP
Purchase One Bedroom Apt. In City 77,242.20 USD / 58,499.40 GBP 3,253,785.85 INR / 35,800.79 GBP - 22,698.62 GBP

Part of North America, United States covers an area of 9,144,930 square kilometers.

United States has a Gross Domestic Product (PPP) of 18,561.93 ($ Billion) from a population of 326,474,013.

A progressive tax system spread over 7 bands ranging from 0% to 37%.

2018 Tax bands are as follow:

Below 9525 USD - 10%

Between 9525 USD and 38700 USD - 12%.

Between 38700 USD and 82500 USD - 22%.

Between 82500 USD and 157500 USD - 24%.

Between 157500 USD and 200000 USD - 32%.

Between 200000 USD and 500000 USD - 35%.

Above 500000 USD - 37%.

The standard single person's deduction is 12,000 USD and the personal exemption is now 0 USD (2018).

The PEP provision (personal exemption phaseout) tapers the personal exemption when income is over 261,500 USD. 2% reduction for every 2,500 USD over the limit.

Social security tax is 6.2% on up to 128,700 USD of gross income.

Medicare hospital insurance tax is 1.45% of all gross income - increased to 2.35% on income over 200,000 USD (single person).

Source: https://www.irs.gov/tax-professionals/tax-code-regulations-and-official-guidance.

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 United States 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 United States'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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