The Taxberg
₹ 218
Net pay
₹ 11
Tax the employer pays
₹ 38
Tax you pay
Total tax paid
₹ 49
Did you know your employer also pays tax on your salary? It costs the employer ₹ 11 to pay you ₹ 256. In other words, every time you spend ₹ 10 of your hard-earned money, ₹ 1.91 goes to the government.
Real tax rate
So, with you and the employer both paying tax, what used to be a 14.8% tax rate now rises to 18.3%, meaning your real tax rate is actually 3.5% higher than what it seemed at first.