Total tax paid
₨ 18,000
Did you know your employer also pays tax on your salary? It costs the employer ₨ 15,000 to pay you ₨ 10,404. In other words, every time you spend ₨ 10 of your hard-earned money, ₨ 17.30 goes to the government.
Real tax rate
70.9%
So, with you and the employer both paying tax, what used to be a 28.8% tax rate now rises to 70.9%, meaning your real tax rate is actually 42.1% higher than what it seemed at first.