Total tax paid
₨ 5,062
Did you know your employer also pays tax on your salary? It costs the employer ₨ 1,250 to pay you ₨ 118,499. In other words, every time you spend ₨ 10 of your hard-earned money, ₨ 0.43 goes to the government.
Real tax rate
4.2%
So, with you and the employer both paying tax, what used to be a 3.2% tax rate now rises to 4.2%, meaning your real tax rate is actually 1% higher than what it seemed at first.