Summary
If you make ₹ 5,139,264 a year living in India, you will be taxed ₹ 2,112,892. That means that your net pay will be ₹ 3,026,372 per year, or ₹ 252,198 per month. Your average tax rate is 41.1% and your marginal tax rate is 69.3%. 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 ₹ 69.34, hence, your net pay will only increase by ₹ 30.66.
Bonus Example
A ₹ 1,000 bonus will generate an extra ₹ 307 of net incomes. A ₹ 5,000 bonus will generate an extra ₹ 1,533 of net incomes.