Total tax paid
₨ 67,500
Did you know your employer also pays tax on your salary? It costs the employer ₨ 1,250 to pay you ₨ 429,000. In other words, every time you spend ₨ 10 of your hard-earned money, ₨ 1.57 goes to the government.
Real tax rate
15.7%
So, with you and the employer both paying tax, what used to be a 15.4% tax rate now rises to 15.7%, meaning your real tax rate is actually 0.3% higher than what it seemed at first.