It is simple economics and markets in action.
It appears you are probably employed somewhere in Asia and you are comparing with similarly titled roles within your company/outside your company in other geographies like US/EU.
Salaries are generally local labor market and demand-driven. Think of it this way. If you leave the company, chances are the company backfills your position with someone having the same job skills from the same local market. If there is a certain supply of labor force in your local market at a certain salary level, your company is going to use that to peg your salary; not the salary level at which they get similar skills in Amsterdam/London/New York/San Francisco.
Also, if the company has established offices in say US/EU and India, they are trying to play a cost arbitrage play. Certain goods/services cost higher in US/EU and lower in Asia (and vice versa too). Labor costs are higher in US/EU compared to Asia (most locations).
Unfortunately, this is the norm and has been for centuries.
My advice:
1. Stop doing exchange rate conversions of foreign labor market salaries for the similar positions and losing your mental peace.
2. If you are in a position where you can immigrate to the foreign country, consider doing that (if not permanently, at least for a few years).
3. If that does not work for you and if you have selling/business development skills, you may consider freelancing for clients from the US/EU regions and bill them as a contractor at rates they are used to domestically (this is a whole another ball game and you need to build a client roster and work may/may not be steady).