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Proof that income taxes and wages in India are much lower than in Kenya
sungura2005
#1 Posted : Tuesday, May 24, 2011 11:24:11 AM
Rank: Member


Joined: 6/20/2007
Posts: 25
Income taxes and wages in India are much lower than in Kenya.

40,000/- gross monthly pay

Kenya income tax - 5,932/- (14.83%)

India income tax - 1,154/- (2.88%)

80,000/- gross monthly pay

Kenya income tax - 17,932/- (22.42%)

India income tax - 5,274/- (6.59%)

160,000/- gross monthly pay

Kenya income tax - 38,932/- (24.33%)

India income tax - 25,050/- (15.66%)

200,000/- gross monthly pay

Kenya income tax - 53,932/- (26.97%)

India income tax - 37,410/- (18.70%)

Kenya income tax calculator

http://www.aren.co.ke/kenya/payecalc.htm

Indian government income tax calculator

http://law.incometaxindi.../DIT/Xtras/taxcalc.aspx

According to the CIA World Factbook, India's government revenue is 11.94% of GDP while Kenya's is 21.64%.

Kenya

https://www.cia.gov/libr...d-factbook/geos/ke.html

India

https://www.cia.gov/libr...d-factbook/geos/in.html

Wages in India are also much lower than in Kenya. For example, a software developer in India has an average gross monthly pay of KSh 49,000.

http://www.payscale.com/...IN/Country=India/Salary

The gross monthly pay for a programmer analyst at Cognizant, a BPO with annual sales of $4.59bn, starts at KSh 47,000.

http://www.payscale.com/...ployer=Cognizant/Salary

Cognizant's sales grew by 40.1% during the last financial year. Equity is a conservative 81.16% of assets. $1 invested in the shares in 1998 would now be $173.40. It had 111,200 employees as at 31/03/11, mostly in India.

http://www.google.com/finance?q=NASDAQ:CTSH

It had 104,000 employees as at 31/12/10 so they hired 7,200 more employees in just 3 months.

http://www.businessweek....ased_in_teaneck_nj.html

It plans to hire 25,000 more employees in India this year.

http://articles.economic...-campus-cts-first-phase

It's building facilities in India that can accommodate 55,000 more employees.

http://www.bizindia.net/...p;catId=61&locID=60

Francisco D'Souza, the 43-year-old CEO, was born and raised in Kenya.

http://images.businesswe...ssful_immigrants/10.htm

The top 5 Indian BPOs hired 114,038 more employees during the first 3 months of the year.

http://articles.economic...-addition-numbers-wipro

There are 2 reasons why an investor would invest in Kenya instead of India despite India's low taxes and wages.

1. To sell to the Kenyan and regional markets.

2. To exploit a natural resource like minerals, fertile land, good climate, wildlife, beaches, fish, sea, lakes, etc.

BPOs do neither of the above so investors would rather have them in India.
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