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by pekru
4633 days ago
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That would be before taxes. The reason why good Indian developers command a 20-25 lakh INR per annum in salary is in part due to the income tax. Indian income tax mandate swallows upto 30% of income from people who have an income exceeding 10 lakh INR pa. (=> effectively, it's only around 70-80% of whatever salary they get would be available to them). I did not know that salaries in Mexico are in the range of 18K-27K USD pa; that sounds like a better deal for US based companies. BTW, one should note that the major Indian outsourcing service providers (a.k.a the big three - TCS, Infy, Wipro) are already in Mexico. |
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