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Salary Slip Format in PDF All PDF

The payslip summarizes Mr. Google's earnings and deductions for the month of November 20XX. It shows a basic salary of Rs. 14,625 along with other earnings and deductions like HRA, PF, and a net pay of Rs. 32,074. The income tax worksheet summarizes Mr. Google's earnings from December 2018 to March 2019. It shows gross salary of Rs. 212,700 with various exemptions like HRA and deductions under section 80C, resulting in a taxable income of Rs. 22,700 and a total tax payable of Rs. 0. The HRA calculation details how Mr. Google's HRA exemption of Rs. 14,920 was determined based

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Rajeev Gunasekaran
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856 views

Salary Slip Format in PDF All PDF

The payslip summarizes Mr. Google's earnings and deductions for the month of November 20XX. It shows a basic salary of Rs. 14,625 along with other earnings and deductions like HRA, PF, and a net pay of Rs. 32,074. The income tax worksheet summarizes Mr. Google's earnings from December 2018 to March 2019. It shows gross salary of Rs. 212,700 with various exemptions like HRA and deductions under section 80C, resulting in a taxable income of Rs. 22,700 and a total tax payable of Rs. 0. The HRA calculation details how Mr. Google's HRA exemption of Rs. 14,920 was determined based

Uploaded by

Rajeev Gunasekaran
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Company Name

Company Address
PAYSLIP FOR THE MONTH OF NOVEMBER 20XX

EMPLOYEE CODE XXXXXX PAN XXXXXXXXXX


NAME MR. Google EPF NO.
DATE OF JOINING 01-DEC-20XX MONTH DAYS 30
BANK XXXXXXXXX PAID DAYS 30
BANK A/C. NO. 5514XXXXXXX
LOCATION XXXXX
DEPARTMENT XXXXXXX
DESIGNATION XXXXXXX

EARNINGS DEDUCTIONS

DESCRIPTION ACTUAL EARNED YTD DESCRIPTION DEDUCTION YTD


BASIC SALARY 14,625.00 14,625.00 48,593.00 LABOUR WELFARE FUND 10.00 40.00
HRA 7,313.00 7,313.00 24,298.00 PF 4000 40000
SPECIAL ALLOWANCE 9,146.00 9,146.00 30,388.00
TELEPHONE AND INTERNET 1,000.00 1,000.00 3,323.00

TOTAL EARNINGS 32,084.00 TOTAL DEDUCTIONS 4010.00


NET PAY 32,074.00 ( RUPEES THIRTY TWO THOUSAND SEVENTY FOUR ONLY )

Note :- This is an electronically generated statement hence does not require any signature.
COMPANY NAME
COMPANY ADDRESS

INCOME TAX WORKSHEET FROM 02-DEC-2018 TO 31-MAR-2019

EMPLOYEE xxxx PAN XXXXXXXXX


CODE
NAME MR. GOOGLE DATE OF JOINING22/XX/20XX

EARNINGS OTHER DETAILS & CALCULATIONS

DESCRIPTION GROSS EXEMPT TAXABLE HRA CALCULATION


BASIC SALARY 107,093.00 107,093.00
HRA 53,550.00 14,920.00 38,630.00 REFER DETAILED CALCULATION ON NEXT PAGE
SPECIAL ALLOWANCE 66,972.00 66,972.00
TELEPHONE AND INTERNET 7,323.00 7,323.00 0.00
GROSS SALARY 212,700.00
DEDUCTIONS UNDER SECTION 16
LESS :
STANDARD DEDUCTION 40,000.00
TAXABLE GROSS SALARY 172,700.00

ADD : -

LESS :

DEDUCTIONS UNDER CHAPTER VI A

SECTION 80C , 80CCC AND 80CCD INVESTMENT BENEFIT


LIFE INSURANCE PREMIUM 150,000.00
TOTAL OF INVESTMENT U/S 80C 150,000.00 150,000.00
OTHER SECTIONS UNDER CHAPTER VI A

TOTAL DEDUCTIONS UNDER CHAPTER VI A 150,000.00


TAXABLE INCOME 22,700.00
TAX RATE FOR THIS MONTH 0.00
INCOME TAX LIABILITY (refer detailed tax calculation below) 0.00
NET TAX 0.00
HEALTH AND EDUCATION CESS 0.00
TOTAL TAX PAYABLE 0.00
TAX TO BE DEDUCTED 0.00
OTHER THAN ONE TIME 0.00
TAX FOR THIS MONTH 0.00
AVERAGE TAX PER MONTH 0.00

Note :- This is an electronically generated statement hence does not require any signature.
HRA CALCULATION

FROM TO RENT PAID ACTUAL BASIC ACTUAL HRA % OF BASIC RENT PAID- 10% OF BASIC EXEMPT HRA TAXABLE HRA

2-Dec-20XX 31-Mar-2019 25629.00 107093.00 53550.00 42837.00 (40 % OF 107093.00 ) 14920.00 14920.00 38630.00

EXEMPT HRA 14920.00

SLAB WISE TAX CALCULATION

INCOME RANGE FROM INCOME RANGE TO TAXABLE INCOME TAX RATE TAX
0.00 22700.00 22700.00 0.00 0.00

TOTAL TAX 0.00

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