This Is A Computer Generated Statement NOT Requiring Any Signature

Jeyakumar M's pay slip for December 2018 is summarized as follows: Jeyakumar works as a Marketing Executive for the company. His total earnings for the month were Rs. 35,669.03 which included basic salary of Rs. 17,660. The total deductions from his salary were Rs. 3,394.03 resulting in a net pay of Rs. 32,275 for the month. The pay slip also included details of his EPF number, annual income calculation, and investments eligible for tax deductions.

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This Is A Computer Generated Statement NOT Requiring Any Signature

Uploaded by

raj d

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Electronic Pay-Slip cum IT projection

_______________________________________________________________________________________________________________________________________________________________________________
| |
| |
| COMPANY PAN:AAACL1069K EMPLOYEE PAN:AVBPJ7272K Month:12/2018 |
| ___________________________________________________________________________________________________________ |
| |Employee Code|Employee Name |Designation |Grade |Department | |
| |_____________|______________________________________|________________________________|______|_____________| |
| |00223641 |Jeyakumar M |MARKETING EXECUTIVE |SE2 |4254 | |
| |_____________|______________________________________|________________________________|______|_____________| |
| |STD Basic |Place of Work |Date of Joining |Bank A/C no |Overtime Hours |Days Present | |
| |_____________|___________________|__________________|______________|_________________|____________________| |
| | 17,660.00 |Chennai |09.01.2013 |2611239275 | 0.00 | 31.00 | |
| |_____________|___________________|__________________|__________________|_____________|____________________| |
| |EPF No: MH/BAN/12465/00X/47580 |EPS No: MH/BAN/12465/00X/45969 | UAN ID: 100180250685 | |
| |_________________________________|_________________________________|______________________________________| |
| | EARNINGS | DEDUCTIONS | |
| |____________________________________________________|_____________________________________________________| |
| | Description | | Description | | |
| |_________________________________|__________________|_________________________________|___________________| |
| |Basic Salary | 17,660.00|Ee PF contribution | 2,119.00 | |
| |HRA | 5,298.00|Professional Tax | 0.00 | |
| |Education Allowance | 200.00|Income Tax | 1,275.00 | |
| |Conveyance Allowance | 1,600.00|Adjustment | 0.03 | |
| |Adhoc Allowance | 5,911.00| | | |
| |Brand Incentive | 5,000.00| | | |
| |Adjustment | 0.03| | | |
| |_________________________________|__________________|_________________________________|___________________| |
| |Total Earnings | 35,669.03 |Total Deductions | 3,394.03 | |
| |_________________________________|__________________|_________________________________|___________________| |
| | Net Pay | 32,275.00 | |
| |______________________________________________________________________________________|___________________| |
|_____________________________________________________________________________________________ _______________________________________________________________________________|
| Income Tax Calculation | Investment Details |
|_____________________________________________________________________________________________ _______________________________________________________________________________|
| Particulars | Cummulative Total | Add:Projected | Less:Exempted | Annual | |
| | April to Dec | Jan to March | | | |
|_____________________________________________________________________________________________| Deduction u/s 80c & 80 others & 80CCD (2) |
|Basic Salary 156,680.00 52,980.00 0.00 209,660.00 | |
|HRA 47,134.00 15,894.00 0.00 63,028.00 | EPF (Including VPF,wherever opted) 25,157.00 |
|Education Allowance 1,800.00 600.00 0.00 2,400.00 | |
|Conveyance Allowance 14,400.00 4,800.00 0.00 19,200.00 | Total Investment 25,157.00 |
|Adhoc Allowance 51,866.00 17,733.00 0.00 69,599.00 | |
|Annual Regular Income 271,880.00 92,007.00 0.00 363,887.00 | |
|Sales Incentive 358,501.00 0.00 0.00 358,501.00 | |
|Bonus 24,000.00 0.00 0.00 24,000.00 | |
|Brand Incentive 27,500.00 0.00 0.00 27,500.00 | |
|Medical Allowance Arrear 917.00 0.00 0.00 917.00 | |
|Annual Irregular Income 410,918.00 0.00 0.00 410,918.00 | |
|Total Income 774,805.00 | |
| | |
| | |
|Annual Gross Income 774,805.00 | |
| | |
|Less:Standard Deduction 40,000.00 | |
| | |
|Less:Prof tax recovered by | ______________________________________________________________________________|
|current employer 1,095.00 0.00 1,095.00 | Other |
| | ______________________________________________________________________________|
| | |
| | |
| | |
|Annual income before dedns.under chapter VIA 733,710.00 | |
|Less:deduction u/s 80c & 80 others & 80CCD(2) 25,157.00 | |
|Income chargeable to tax(rounded off) 708,553.00 | |
|Income tax payable 54,210.60 | |
|Add:Health and Education Cess on Tax and Surcharge @4% 2,168.42 | |
|Total Income tax and cess 56,380.00 | |
|Tax Deducted so far(includes Prev.Employer/Employer Tax wherever applicable) 55,674.00 | |
|Balance tax to be recovered 706.00 | |
|Incremental Tax per month 235.00 | ______________________________________________________________________________|
| | Income from House Property (Section 24) |
| | ______________________________________________________________________________|
|_____________________________________________________________________________________________|_______________________________________________________________________________|