Total tax paid
₨ 36,593
Did you know your employer also pays tax on your salary? It costs the employer ₨ 1,250 to pay you ₨ 304,000. In other words, every time you spend ₨ 10 of your hard-earned money, ₨ 1.20 goes to the government.
Real tax rate
12.0%
So, with you and the employer both paying tax, what used to be a 11.6% tax rate now rises to 12.0%, meaning your real tax rate is actually 0.4% higher than what it seemed at first.