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 ₨ 112,848. In other words, every time you spend ₨ 10 of your hard-earned money, ₨ 1.60 goes to the government.
Real tax rate
14.1%
So, with you and the employer both paying tax, what used to be a 2.7% tax rate now rises to 14.1%, meaning your real tax rate is actually 11.4% higher than what it seemed at first.