Total tax paid
₨ 2,696
Did you know your employer also pays tax on your salary? It costs the employer ₨ 1,250 to pay you ₨ 95,424. In other words, every time you spend ₨ 10 of your hard-earned money, ₨ 0.28 goes to the government.
Real tax rate
2.8%
So, with you and the employer both paying tax, what used to be a 1.5% tax rate now rises to 2.8%, meaning your real tax rate is actually 1.3% higher than what it seemed at first.