Earnings Deductions MTH - Rate Arrears Total Earned Arrears Total Ded
Earnings Deductions MTH - Rate Arrears Total Earned Arrears Total Ded
Earnings Deductions MTH - Rate Arrears Total Earned Arrears Total Ded
Earnings Deductions
Mth.Rate Arrears Total Earned Arrears Total Ded.
Basic Salary 22,667.00 22,667.00 PF 1,800.00
House Rent Allowance 11,333.00 11,333.00 Prof. Tax 200.00
Special Allowance 17,054.00 17,054.00
Gross Pay 51,054.00 Total Ded. 2,000.00
Net Pay 49,054.00
In Words : Forty Nine Thousand Fifty Four Rupees
TAX COMPUTATION
Components Amount (PA)
Gross Salary (PA) 612,648.00
Exemption U/S 10 (HRA, LTA, Conveyance etc...) 128,799.60
Balance 483,848.00
Standard Deduction 50,000.00
Professional Tax (PA) 2,400.00
Income Under Head Salary 431,448.00
Gross Total Income 431,448.00
Exemption U/S 80 (Mediclaim) & 80C (LIC,PPF etc...) 21,600.00
Taxable Income 409,850.00
Tax on Total Income 7,992.50
Tax Credit (if any) 7,992.50
Tax Deducted Upto Last Month 1,753.00