Summary
If you make ₹ 9,727,944 a year living in India, you will be taxed ₹ 4,299,272. That means that your net pay will be ₹ 5,428,672 per year, or ₹ 452,389 per month. Your average tax rate is 44.2% and your marginal tax rate is 74.2%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of ₹ 100 in your salary will be taxed ₹ 74.19, hence, your net pay will only increase by ₹ 25.81.
Bonus Example
A ₹ 1,000 bonus will generate an extra ₹ 258 of net incomes. A ₹ 5,000 bonus will generate an extra ₹ 1,291 of net incomes.