Total tax paid
₨ 750
Did you know your employer also pays tax on your salary? It costs the employer ₨ 625 to pay you ₨ 17,917. In other words, every time you spend ₨ 10 of your hard-earned money, ₨ 0.42 goes to the government.
Real tax rate
4.0%
So, with you and the employer both paying tax, what used to be a 0.7% tax rate now rises to 4.0%, meaning your real tax rate is actually 3.3% higher than what it seemed at first.