TAXES:
"All payments made to the pilot by the company shall be equivalent Indian Rupees(INR)convertible at the rate prevailing on the due date and shall be subject to withholding of taxes as applicable under the laws of India.The Company shall withhold Indian taxes and make payment to the Indian tax authority on behalf of the pilot"
I found this as well after reading further into the terms.So to agree with some of the above post you do pay over 4000USD in taxes every month and the company takes it out and pays it for you.How nice of them to remove that from your check and help you out like that.
That is jusy crazy,I've never seen a contract deduct that much tax.