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 ₨ 371,800. In other words, every time you spend ₨ 10 of your hard-earned money, ₨ 0.48 goes to the government.
Real tax rate
4.7%
So, with you and the employer both paying tax, what used to be a 0.8% tax rate now rises to 4.7%, meaning your real tax rate is actually 3.9% higher than what it seemed at first.