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 ₨ 36,924. In other words, every time you spend ₨ 10 of your hard-earned money, ₨ 0.41 goes to the government.
Real tax rate
3.9%
So, with you and the employer both paying tax, what used to be a 0.7% tax rate now rises to 3.9%, meaning your real tax rate is actually 3.2% higher than what it seemed at first.