Actual rate of Tax on salary

Member since 10 October 2014

shaheenbabutvNew member31 January 2016 01:05:47

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

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stumpy Laos Expert

Member since 27 November 2009

stumpyLaos Expert31 January 2016 20:49:26

18024

No difference 35% tax.

shaheenbabutv New member

Member since 10 October 2014

shaheenbabutvNew member01 February 2016 03:44:45

My gross salary would be around 6500pgk per month . So how much will be the tax??

stumpy Laos Expert

Member since 27 November 2009

stumpyLaos Expert01 February 2016 06:11:49

18024

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 New member

Member since 10 October 2014

shaheenbabutvNew member01 February 2016 06:40:03

Yes they do provide food, accomodation, airfare, medical and car. So what do you think now?

stumpy Laos Expert

Member since 27 November 2009

stumpyLaos Expert01 February 2016 06:44:17

18024

Too low but up to you whether you take it or not.

shaheenbabutv New member

Member since 10 October 2014

shaheenbabutvNew member01 February 2016 07:17:24

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 Member

Member since 25 October 2014

sobhan06Member08 February 2016 02:35:11

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.