Total tax paid
₨ 27,875
Did you know your employer also pays tax on your salary? It costs the employer ₨ 1,250 to pay you ₨ 262,998. In other words, every time you spend ₨ 10 of your hard-earned money, ₨ 1.06 goes to the government.
Real tax rate
10.5%
So, with you and the employer both paying tax, what used to be a 10.1% tax rate now rises to 10.5%, meaning your real tax rate is actually 0.4% higher than what it seemed at first.