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Deductions/take home salary Amount Tax (10% of taxable amount) 28,800 Employee provident fund (12% of basic salary) 28,800 Professional tax: 2,500 Total deduction: 60,100 Gross salary: 330,000: Net salary (gross - deduction) 269,900 Monthly take home salary: 22,491
PAYE (Pay As You Earn) is a significant contributor to tax being 45%. [35] Given the high unemployment rate the tax is quite heavy. This of course captures those that pay and keep records properly. The average salary is probably $250. This is skewed downwards by the large number of government employees whose average salary is around there.
The gross average monthly wage estimates for 2023 are computed by converting national currency figures from the United Nations Economic Commission for Europe (UNECE) Statistical Database, compiled from national and international (the CIS, Eurostat, the OECD) official sources. Wages in U.S. dollars are computed by the UNECE Secretariat using ...
The chart below reflects the average (mean) wage as reported by various data providers, like Eurostat. [1] The salary distribution is right-skewed, therefore more than 50% of people earn less than the average gross salary. Thus, median figures might be more representative than averages.
The said 167 is the 12-month average of 1 July 2009 to 30 June 2010. The average for the current DA period January to December 2017 is 274, which is the 12-month average AICPI-IW of 1 January 2016 to 31 December 2016. The DA calculation for Jan 2017 to June 2017 is 274 minus 167 * Basic Pay and the result divided by 167. Total points 107.
Homes sold for an average price of $947 per square foot. While fewer respondents (around 17%) viewed San Francisco as overpriced compared to NYC or LA, the city remains one of the priciest in the ...
Some of President-elect Donald Trump's cabinet picks are facing hurdle after hurdle on the road to confirmation but not those on his economic team (at least so far).
Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. In many countries, per capita income is determined using regular population surveys, such as the American Community Survey . [ 1 ]