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 ₨ 303,768. In other words, every time you spend ₨ 10 of your hard-earned money, ₨ 0.59 goes to the government.
Real tax rate
5.6%
So, with you and the employer both paying tax, what used to be a 1% tax rate now rises to 5.6%, meaning your real tax rate is actually 4.6% higher than what it seemed at first.