I don't know why this much tax is deducted Cognizant.

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Posting as :
works at
You are currently posting as works at

I'm Associate and CTC is 14.25L

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7

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SA?

Marginal tax relief

Bonuses and variable pays are considered as Gift by govt. Don't know why, and don't ask me as well.
So a Gift tax having a flat tax rate based on your income tax slab, 30%, 20%, 15% etc. will be deducted with flat rate and then remaining will come to your pocket.
It's another tax loot by govt

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