Summary
If you make ₹ 20,090,304 a year living in India, you will be taxed ₹ 9,876,263. That means that your net pay will be ₹ 10,214,041 per year, or ₹ 851,170 per month. Your average tax rate is 49.2% and your marginal tax rate is 60.0%. 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 ₹ 59.95, hence, your net pay will only increase by ₹ 40.05.
Bonus Example
A ₹ 1,000 bonus will generate an extra ₹ 401 of net incomes. A ₹ 5,000 bonus will generate an extra ₹ 2,003 of net incomes.