If someone in India earns a CTC of 50 LPA or 1 crore+ with 10-15+ years of experience, but faces a 40% deduction (due to tax, PF, etc.), does it make sense to continue working in India or consider relocating if given an opportunity? Despite earning well, the quality of life remains poor. For example, schools cost 3-4 lakhs per annum, healthcare is paid, and living in private communities comes with hefty maintenance fees. Bad roads, metro are polluted. Heavy taxes of any purchase.
I'm considering relocation. What are your thoughts?
Well let's leave patriotism aside and think about yourself.
You study , work hard , be kind to everyone never do anything wrong to anyone intentionally. And pay heavy tax , be honest , never negotiate to poor sellers , give tip in hotel and cab.
What do we get? Harassment on street, cheating by shopkeeper, the people you do good to damaging your property.
India is worst, people want to talk about kindness and expect good from everyone and just take advantage of people like us.
This kind of cheap people will be like this always.
Please move out.
This is not about India. It’s about mindset. In today’s world being selfish is the main thing and no1 really help you unless they gain something out of it
Yes you said rightly It’s not about patriotism but things you pointed out rightly.
Yes if you don't feel homesick and Parents can live without u.
But don't get disconnected with roots, coz you never know how geopolitical scenario change.
But yeah move and save enough to retire in a village in India
Metros are unbearable nowadays
GiF is little sarcastic, don't take it personal 💗
PF is saving not deduction.
Possibly a diminshing savings which forced to do
Not sure for me pf helps me to claim full 80c benefit. I know many business man who on 1st April every year deposits 1.5L in thier PF account.
Question to people earning more than 1crore plus salary? Why do you bear this bs taxation and pathetic quality of life? Why not move out? Also how do you manage your taxation?
- Mostly parents and family ties I imagine - Lack of sense of belonging in a foreign country
Which country is best to work as a software developer. I am an SDE 1 in India planning to go abroad.
Nope. Stay in India
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