Hi all,
This is Shaheen all the way from India. I got a job offer with a PNG corp as Management consultant . I will be going to stay in Buka. Mostly will be arriving in April. May i know what's the actual rate of tax on salary? As mine is a PNG corporation is there any difference in tax? Replies will be greatly appreciated. Thank you all.
cheers
shaheen
Actual rate of Tax on salary
shaheenbabutv
31 January 2016 03:05:47
7
stumpy
31 January 2016 22:49:26
17635
No difference 35% tax.
shaheenbabutv
01 February 2016 05:44:45
7
My gross salary would be around 6500pgk per month . So how much will be the tax??
stumpy
01 February 2016 08:11:49
17635
Kina 2085 tax. Take home pay kina 5415.
Are the company paying for accommodation, food, power, phone, medical insurance cover, transport.
Annual airfares home ?
Unless they are covering the above then the salary is too low. Amounts to US$1700 or Indian Rupee 118,957
shaheenbabutv
01 February 2016 08:40:03
7
Yes they do provide food, accomodation, airfare, medical and car. So what do you think now?
stumpy
01 February 2016 08:44:17
17635
Too low but up to you whether you take it or not.
shaheenbabutv
01 February 2016 09:17:24
7
It wont even come 5415 if it is 35% of 6500.. it will come around only 4450...
(6500×35/100)=2275
So 6500-2275= 4225.
sobhan06
08 February 2016 04:35:11
20
Hi Shaheen,
Thats a good pay. Being an Indian, we know our market and Home country. For foreigners (US, Aussie, UK) this wont be a good pay bcoz their economy is different. For Indians, this is a good maony.
Subscribe to this topic
Open a bank account that suits you
Discover the best international banks to manage your money securely.
"