Between the growing economic relations between Israel and India, new opportunities are also opening in the field of employment. Recently, Israel has expressed his desire to recruit 10,000 Indian construction workers, due to which many people are questioning how much the earnings will be in India. Let’s know what is the meaning of earning 25,000 shekels in Israel.
Know how much currency conversion is
According to the exchange rate of 21 March 2025:
– 1 Israeli Shekel = 23.16 Indian Rupees
Talk of recruitment of Indian workers in Israel
According to the report of the Economic Times, Israel has contacted India to hire 10,000 Indian construction workers and 5,000 Caregings. This recruitment drive will be handled by the National Skill Development Corporation.
The salary offered is Rs 1.92 lakh per month (about 8,300 shekels), which is less than 25,000 shekels mentioned. This difference can depend on many factors:
- Job Type and Experience: Salary may be more for high skill positions or peacock experienced workers.
- Current situation: Israel -Gaza Conflict may change salary.
Purchasing power analysis
A man who gets 25,000 shekels (Rs 5.79 lakh) in Israel can live a middle class life there, while in India this amount will be very high consider. However, living costs in Israel are much higher than India:
- Housing in Israel is 3-4 times the peacock from India.
- Food items and daily use items are also very expensive.
- Healthcare and other services expenses are also high.
Because of this, on the basis of purchasing power, 25,000 shekels give the lifestyle in Israel, in India, there may be an appropriate Rs 2-2.5 lakh month Inflation in India.
Impact of tax and saving
Income tax rates in Israel are higher from India. Around 20-30% tax can be levied on the monthly income of 25,000 shekels, while in India, there will be tax Burden Lower on the income of similer purchase power."Text-Align: justify;"> The direct conversion of 25,000 shekel monthly income in Israel is Rs 5.79 lakh in India. However, according to the purchase power, its real value will be equal to the month of Rs 2-2.5 lakh in India.
