Total tax paid
₨ 1,598
Did you know your employer also pays tax on your salary? It costs the employer ₨ 1,250 to pay you ₨ 53,906. In other words, every time you spend ₨ 10 of your hard-earned money, ₨ 0.30 goes to the government.
Real tax rate
2.9%
So, with you and the employer both paying tax, what used to be a 0.6% tax rate now rises to 2.9%, meaning your real tax rate is actually 2.3% higher than what it seemed at first.