Employee Data
Employee Data
Earnings Deductions
Description Rate Monthly Arrear Total Description Amount
Ba s ic 15998.00 15998.00 0.00 15998.00 PROF. TAX 200.00
Conveya nce 1600.00 1600.00 0.00 1600.00 OTHER ALLOWANCE 500.00
HRA 7999.00 7999.00 0.00 7999.00 ROOM/QUARTER MAINTANCE CHARGES 1550.00
Medica l Allowa nce 1250.00 1250.00 0.00 1250.00 ELECTRICITY CHARGES 246.00
Specia l Allowa nce 21153.00 21153.00 0.00 21153.00
GROSS EARNINGS 48000.00 48000.00 0.00 48000.00 GROSS DEDUCTIONS 2496.00
Net Pay in words : INR forty Five Thous a nd Five Hundred Four Only
Income Ta x Works heet for the Period April 2023 - Ma rch 2024(Propos ed Inves tments )
Description Gross Exempt Taxable Deduction Under Chapter VI-A Taxable HRA Calculation(NON-METRO)
Ba s ic 191709.00 0.00 191709.00 Investments u/s 80C Exempted Qua lifying Rent Pa id 0.00
Conveya nce 19173.00 0.00 19173.00 LIC DIRECT 150000.00 150000.00 From 01/04/2023
HRA 95855.00 0.00 95855.00 To 31/03/2024
Medica l Allowa nce 14979.00 0.00 14979.00 1. Actua l HRA 95855.00
Specia l Allowa nce 253483.00 0.00 253483.00 2. 40% or 50% of Ba s ic 76684.00
3. Rent - 10% Ba s ic 0.00
Lea s t of a bove is exempt 0.00
Taxable HRA 95855.00
Gross 575199.00 0.00 575199.00 Total of Investments u/s 80C 150000.00 150000.00
Deductions U/S 80C 150000.00 150000.00
Previous Employer Ta xa ble Income 0.00 Total of Ded Under Chapter VI-A 150000.00 150000.00 TDS Deducted Monthly
Profes s iona l Ta x 2400.00 Month Amount
Under Cha pter VI-A 150000.00 April-2023 1492.00
Sta nda rd Deduction 50000.00 Ma y-2023 0.00
Any Other Income 0.00 June-2023 0.00
Ta xa ble Income 372799.00 July-2023 0.00
Tota l Ta x 0.00 Augus t-2023 0.00
Ma rgina l Relief 0.00 September-2023 0.00
Ta x Reba te 0.00 Ta x Deducted on Perq. 0.00
Surcha rge 0.00 Total 1492.00
Ta x Due 0.00
Educa tiona l Ces s 0.00
Net Ta x 0.00
Ta x Deducted (Previous Employer) 0.00
Ta x Deducted on Perq. 0.00
Ta x Deducted on Any Other Income. 0.00
Ta x Deducted Till Da te 1492.00
Ta x to be Deducted 0.00
Ta x/Month 0.00 Total of Any Other Income 0.00
Ta x on Non-Recurring Ea rnings 0.00
Ta x Credit Amount (87A) 12500.00
Tax Deduction for this month 0.00
Personal Note:This is a system generated payslip, does not require any signature.All Grievances will be by helpdesk ticket only
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