Total tax paid
₹ 11,530
Did you know your employer also pays tax on your salary? It costs the employer ₹ 4,104 to pay you ₹ 34,201. In other words, every time you spend ₹ 10 of your hard-earned money, ₹ 3.37 goes to the government.
Real tax rate
30.1%
So, with you and the employer both paying tax, what used to be a 21.7% tax rate now rises to 30.1%, meaning your real tax rate is actually 8.4% higher than what it seemed at first.