10 Countries  With The Highest Monthly Salary

10 JULY, 2023

Adhya Moona

Video: ANUSHA MOONA

In Switzerland, the average monthly salary after tax is $6,187 (Rs 5,13,521). The overall rate of federal income tax is 11.5%.

1. switzerland 

Photo: UNSPLASH/CEDRIC LETSCH

In Luxembourg, people get an average monthly salary of $5,188 (Rs 4,30,604) after tax. Luxembourg has a progressive tax rate system ranging from 0% to 42%. 

2. luxembourg

Photo: UNSPLASH/KELVIN ZYTENG

Singaporeans receive an average monthly salary of $5,028 (Rs 4,17,324) after tax. Singapore income tax ranges between 0%-22%. 

3. singapore

Video: ADHYA MOONA

In the US, Americans get $4,660 (Rs 3,86,780) average monthly salary after tax. The US has 7 federal income tax rates: 10%, 12%, 22%, 24%, 32%, 35%, 37%. 

4. usa

Photo: UNSPLASH/EVELYN PARIS

Icelanders receive $4,264 (Rs 3,53,912) average monthly salary after tax. In Iceland, they use a 3-tier income tax system based on the individual's level of income.

5. iceland

In Qatar, people have an average monthly salary after tax of $4,108 (Rs 3,40,964). Qatar doesn't have any tax on personal income.

6. qatar

Photo: UNSPLASH/RADOSLAW PREKURAT

Photo: UNSPLASH/KENT TUPAS

In the UAE, $3,581 (Rs 2,97,223) is the average monthly salary after tax. The UAE doesn't levy income tax on individuals.

7. uae

Photo: UNSPLASH/NICK KARVOUNIS

$3,545 (Rs 2,94,235) is the average monthly salary after tax in Denmark. Different types of income are subjected to different tax rates.

8. denmark

Photo: UNSPLASH/TOBIAS KORDT

In The Netherlands, it is $3,541 (Rs 2,93,903) as the average monthly salary after tax. The tax depends on the income of an individual.

9. the netherlands

Photo: UNSPLASH/APRIL PETHYBRIDGE

In Australia, $3,370 (Rs 2,79,710) is the average monthly salary after tax. The income is taxed at progressive rates from 0 to 45%.

10. australia

Photo: UNSPLASH/RENZO D' SOUZA

In India, $242 (Rs 20,000) is the average monthly salary. In India, there are several income tax slabs depending on the income of the individual.

india