Summary
If you make ₹ 8,883,360 a year living in India, you will be taxed ₹ 3,900,272. That means that your net pay will be ₹ 4,983,088 per year, or ₹ 415,257 per month. Your average tax rate is 43.9% and your marginal tax rate is 46.3%. 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 ₹ 46.32, hence, your net pay will only increase by ₹ 53.68.
Bonus Example
A ₹ 1,000 bonus will generate an extra ₹ 537 of net incomes. A ₹ 5,000 bonus will generate an extra ₹ 2,684 of net incomes.