‘Myth is muddled history’ said Euhemerous. This is true for the Postmodern view of history as well. Postmodernism deconstructs all totalizing narratives with its “incredulity towards metanarratives”. History being a ‘Grand Narrative’ it becomes an important prerogative of postmodern novels in subverting history. Postmodern novels use Magical Realism, which C. N. Ramachandran defines, is “an attempt to transcend the limitations of Realism, a free mixture of fantasy and reality,..” (225), and is generally used by Rushdie. In The Enchantress of Florence, the fictionalizing of history occurs through the interweaving of myth into the novel. Which Rushdie uses as a subverting principle. In the mythic method, “… the past and the present are synthesized, antiquity and modernity are fused, and ages and cultures merge into one another” (Dorairaj, 66) which dismisses the concept of time and space which are the prerogatives of history. The especial trend of postmodern novels is where the narrator, a fictional character, more often takes up a historical narrative and tries to bring out the events of the past that were until then suppressed and had remained unknown. Here the self-reflexive narrative of the author himself fills the ‘unknown’ gaps with explanations. This research article traces the elements of myth and history in Salman Rushdie’s The Enchantress of Florence in a postmodern perspective.