India is a rapidly developing country. Various specialists are needed here, since there are very few of our own. That is why the state is doing everything to attract qualified foreign employees. Experienced workers from Russia, Belarus and Ukraine can take advantage of this to receive high wages.
Economic situation and incomes of the population
In the ranking of the development of the world economy in terms of GDP, the country ranks 7th. The average salary in India is 10,000 rupees (9,000 rubles) per month. The unemployment rate is 8%.
Monthly earnings by occupation in 2021
In India, salaries for the local population are low. But, taking into account the income of foreigners, you can deduce the minimum and maximum wages.
| Profession | Minimum salary, in rupees | Minimum salary, in rubles | Maximum salary, in rupees | Maximum salary, in rubles |
| Programmer | 60 000 | 55 000 | 150 000 | 137 000 |
| Dancer | 53 000 | 50 000 | 75 000 | 68 000 |
| Dentist | 40 000 | 36 000 | 50 000 | 45 000 |
| Hotel administrator | 46 000 | 42 000 | 60 000 | 55 000 |
| Biologist | 40 000 | 36 000 | 52 000 | 47 000 |
| Senior manager | 45 000 | 41 000 | 70 000 | 64 000 |
| Animator | 43 000 | 39 000 | 65 000 | 59 000 |
Minimum
Most of the local population lives below the poverty line. For many people, wages in 100 dollars a month is considered normal. In rural areas, for citizens, such a salary even seems overstated. This money is received by low-skilled workers without education.
Average
Average salary 10,000-15,000 rupees it is quite difficult for local residents to earn money in a month. Moreover, such amounts are received by citizens living in Goa. These are mainly experienced managers, engineers, sales representatives.
Medium starting patch (for foreigners)
Foreigners in India applying for work are required by law to receive at least $ 25,000 per year... Large companies in this country value experienced professionals and are ready to pay them a decent salary. As a result, the average monthly earnings 50,000 rupees (45,000 rubles) received by programmers, experienced doctors, English teachers, management personnel and professional athletes. Besides, the dancers are paid well.
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Maximum
For maximum income at 150,000 rupees (137,000 rubles) per month, you must have useful skills in demand, have extensive work experience and a suitable education. This money is received by top IT specialists, famous football players, actors, and consular staff.
Directors and managers of large organizations can receive higher salaries. But opening your own business in this is not easy, since there is no guarantee that it will not die, given the income of the local population.
Labor remuneration by city and region
India is not a rich country. High salaries by local standards are received here mainly in Goa and other resort cities. For example, an ordinary oil worker in Kochi earns only 4000 rupees (3600 rubles)... General practitioner in Goa has an average salary 25,000 rupees (22,000 rubles)... Moreover, the same doctor in Mumbai receives no more 9,000 rupees (8,250 rubles).
Payroll taxes
Citizens have to pay taxes in India on all available income. But you can keep some profit in a "pure" form.
Income tax
Income tax is paid directly from the source of income. Indian companies withhold taxes from employees' salaries, banks from income from stocks and bank deposits.
If necessary, local residents pay income tax in shares of the total amount several times a year:
- September 15th - 30%;
- December 15 - 30%;
- March 15th - 40%.
Income tax cannot exceed 30% from the salary.
Social contributions and other taxes. What is tax free
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In the country, individuals pay the following types of taxes:
- for wages - 12–15%;
- excise duty - 12,36%;
- royalty - 10%;
- stamp duty - depending on the state 0,5–7%;
- on income from capital turnover - 1%;
- for profit from other sources - from 10 to 20% (depending on the source).
Also, the employer makes social contributions for employees in the amount of 12%... The employee pays from 10 to 12%.
The following are not taxed:
- donation;
- dividends;
- income of individuals is less 4000 rupees.
The ratio of salary and living expenses
Food prices in Indian stores are as follows:
- milk 0.5 l - 22 rupees (20 rubles);
- lentils 1 kg - 130 rupees (119 rubles);
- small pizza - 50 rupees (45 rubles);
- White bread - 70 rupees (64 rubles).
You can get around India by:
- bus - a typical city trip is 15 rupees (13 rubles);
- taxi - you need to pay for 1 trip from 50 rupees (45 rubles);
- by train - the ticket price is from 380 rupees (347 rubles);
- scooter - the rental price per month is 4,000 rupees (3,600 rubles).
The cost of renting an apartment in different cities is different. Therefore, you need to carefully study the table, prices are in rubles.
| Apartment | Srinagar | Delhi | Chennai | Agra |
| 1-room, sleeping area | 2820 | 7660 | 6670 | 3000 |
| 1-room, center | 7830 | 12 590 | 10 600 | 4700 |
| 3-room, sleeping area | 14 100 | 18 910 | 15 890 | 7050 |
| 3-room, center | 19 120 | 32 790 | 26 180 | 9400 |
India has greatly developed medicine in the country over the past decades. The level of service has increased, qualified specialists have appeared who successfully treat many diseases. Also in India there are many pharmacies with low prices. For example, nasal drops cost 16 rupees (14 rubles).
Indians allocate their budget like this:
- rental of property - 13,2%;
- education - 10%;
- medical service - 3,7%;
- Food - 33%;
- entertainment - 1,5%;
- buying household goods - 7,5%;
- expenses on transport and clothing - 10%;
- other - 22%.
Unemployment Rate and Prospects for Migrants
In India, unemployment is 8%... Her reasons:
- poorly developed infrastructure;
- poor development of agriculture;
- high corruption;
- large sums of money are spent on helping the poor;
- high dependence of the country on oil.
As for the prospects for migrants, the economic crisis does not provide a full guarantee for good employment. The Indian government is doing everything to ensure that foreigners can only get high-paying jobs. This policy stems from the fact that the country does not need low-skilled foreign workers.
Good income in India for foreigners is possible only in large companies. Ukrainian and Russian specialists with useful skills can find a job in one of these firms with a salary at least $ 25,000 per year.
