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23rd Feb 2008, 14:55
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Pilot Positive
Join Date: Nov 2007
Location: UK
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Weido Salt
You appear to be correct. However let me share an additional perspective with you.
For the Singaporean/Indian govt to tax you you have to be a registered employee in that country
. It appears that BJETS offer a generous 35/31 roster which gives a fair degree of flexibility.
You will also note that they are paying salaries in US$ and that being paid from a third country into an offshore account is almost impossible to track and currently no reciprocal agreements to tax at source exist (Nightmare on Logistics St)
One half of the JV is also the Singaporean based Briley group and BJETS will want to reduce the social cost when it comes to new employees.
Not sure whether the DGCA requires local license issue or whether you can fly on your JAR/ICAO ATPL alone. Anyone care to clarify that if its not already been done??
Even so, with average middle manager salaries being approx $250pcm
and the govt heavily subsidising fuel
then the cost of living in India is minute. If you are taxed
then your relative disposal income will still be huge compared to that of the locals and you can live like a king (or queen depending on your sex and taste).
If you get offered a job by BJETS sit down with them and clarify exactly how you will be paid. Given that it’s a start up there may be some flexibility so just be sure of what you want and how you want to get it.
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