Total tax paid
₨ 1,500
Did you know your employer also pays tax on your salary? It costs the employer ₨ 1,250 to pay you ₨ 4,985. In other words, every time you spend ₨ 10 of your hard-earned money, ₨ 3.01 goes to the government.
Real tax rate
24.1%
So, with you and the employer both paying tax, what used to be a 5% tax rate now rises to 24.1%, meaning your real tax rate is actually 19.1% higher than what it seemed at first.