@elssar: Yes, my company actually pays based on what the developer is worth and pays the same amount for same work across the world.

>I personally would take it, just because I feel it's a better place to live and work.

This is what is vexing me. I feel the same but I know that my family would need to make some pretty big lifestyle changes if I were to move there.

Thanks for the Google's CFO base salary number. That puts the converter out of equation now.And thanks for your overall perspective too.

EDIT: The salaries in product companies in India have significantly gone up in the last year and a half with so many FIIs pouring in funds. So, I think $200K would only get 2 good developers at my experience level now.