0% found this document useful (0 votes)
243 views2 pages

Cipla Limited Cipla House Lower Parel: Disclaimer: This Is A System Generated Payslip, Does Not Require Any Signature

This payslip is for Imtiyaz Alam for the month of October 2021. It shows his earnings of Rs. 54,482 including basic salary of Rs. 22,025, house rent allowance of Rs. 11,013, and basket of allowances of Rs. 21,444. It also includes deductions of Rs. 5,375 for items like income tax, provident fund, and professional tax. The net pay is Rs. 49,107. Additionally, a tax forecast is provided projecting earnings and taxes for the full year.
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
0% found this document useful (0 votes)
243 views2 pages

Cipla Limited Cipla House Lower Parel: Disclaimer: This Is A System Generated Payslip, Does Not Require Any Signature

This payslip is for Imtiyaz Alam for the month of October 2021. It shows his earnings of Rs. 54,482 including basic salary of Rs. 22,025, house rent allowance of Rs. 11,013, and basket of allowances of Rs. 21,444. It also includes deductions of Rs. 5,375 for items like income tax, provident fund, and professional tax. The net pay is Rs. 49,107. Additionally, a tax forecast is provided projecting earnings and taxes for the full year.
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
You are on page 1/ 2

VALIDATIONHEADERSTART[CIPLA^PS^131300^OCT^2021^DEFAULT]VALIDATIONHEADEREND

CIPLA LIMITED
CIPLA HOUSE LOWER PAREL
MUMBAI - 400013
Payslip for the month of OCTOBER 2021
All amounts in INR

Emp Code 131300 DOJ 21/05/2018


Emp Name IMTIYAZ ALAM DOB 03/01/1989
Department INDIA BUSINESS PRESCRIPTION SALES IFSC CODE ICIC0000292
Location JHARKHAND Bank AC No 029201525761
Designation ASSISTANT MANAGER PAN AWWPA6899D
Grade CI PF No MH/1073/131300
Standard Days 31.00 PF UAN 101150565346
Payable Days 31.00 ESI No
LWP 0.00 Pension No MH/1073/4566615
Arrear Days 0.00
Standard Days:31 Payable Days:31.00 Loss of Pay Days:0.00 LOP Reversal Days:0.00 Arrear Days:0.00
MONTHLY CURRENT
EARNINGS ARREAR (+/-) TOTAL DEDUCTIONS TOTAL
RATE MONTH
 BASIC 22,025.00 22,025.00 0.00 22,025.00   INCOME TAX DEDUCTION 2,582.00 

 HOUSE RENT ALLOWANCE 11,013.00 11,013.00 0.00 11,013.00   PROVIDENT FUND DEDUCTION 2,643.00 

 BASKET OF ALLOWANCES 21,444.00 21,444.00 0.00 21,444.00   PROFESSION TAX 150.00 

 GROSS EARNINGS 54,482.00 0.00 54,482.00   TOTAL DEDUCTIONS 5,375.00 

NET PAY 49,107.00


(RUPEES FORTY NINE THOUSAND ONE HUNDRED SEVEN ONLY)

SUMMARY OF TAX COMPUTATION AS PER OLD REGIME


GROSS SALARY (EXCL. REIMBURSEMENT) 6,68,658
ADD : PERQUSITIES AND OTHER INCOME 8,000
LESS : EXEMPT REIMBURSEMENT 0
LESS : DEDUCTION U/s 10 0
LESS : DEDUCTION U/s 16 (STD.DEDUCTION + P.TAX) 51,825
LESS : DEDUCTION U/s 24 (HOUSING LOSS) 0
LESS : DEDUCTION U/s CHAPTER VIA 31,534
NET TAXABLE INCOME 5,93,299
TOTAL TAX PAYABLE 32,407
TOTAL TAX RECOVERED (INCL. CURR MONTH) 19,500
BALANCE TAX RECOVERABLE 12,907

Disclaimer: This is a system generated payslip, does not require any signature.
CIPLA LIMITED TAX FORECASTING FOR OCTOBER 2021
DOB:03/01/1989
EMPLOYEE:(131300) IMTIYAZ ALAM BRANCH:JHARKHAND GENDER:M PAN:AWWPA6899D DOJ:21/05/2018
—————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————
————————————————————————————————Actual————————————————————————————————|————————————————————Projected—————————————————————
PARTICULARS APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH TOTAL
—————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————
BASIC 21238 22025 21291 22025 22025 22025 22025 22025 22025 22025 22025 22025 262779
HOUSE RENT ALLO 10620 11013 10646 11013 11013 11013 11013 11013 11013 11013 11013 11013 131396
BASKET OF ALLOW 17000 25258 20729 21444 21444 21444 21444 21444 21444 21444 21444 21444 255983
LIVING THE CRED 0 18500 0 0 0 0 0 0 0 0 0 0 18500
—————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————
TOTAL EARNING 48858 76796 52666 54482 54482 54482 54482 54482 54482 54482 54482 54482 668658
—————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————
INCOME TAX DEDU 1430 6345 2228 2305 2305 2305 2582 0 0 0 0 0 19500
PROVIDENT FUND 2549 2643 2555 2643 2643 2643 2643 2643 2643 2643 2643 2643 31534
PROFESSION TAX 150 175 150 150 150 150 150 150 150 150 150 150 1825
CARING FOR LIFE 0 500 500 500 500 500 0 0 0 0 0 0 2500
—————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————
TAX CALCULATIONS NEW REGIME OLD REGIME|PERK & OTHERS................................|TAX CALCULATION ON TAXABLE INCOME.....RS.593299
————————————————— —————————— ——————————GIFT INCENTIVE YTD 8000 | 0— 250000: 250000 x 0% = 0.00
TOTAL EARNING 668658 668658| | 250000— 500000: 250000 x 5% = 12500.00
ADD : PERKS & OTHERS 8000 8000|INVESTMENTS U/S 80C..........................| 500000— 593299: 93299 x 20% = 18659.80
TOTAL GROSS 676658 676658|PF—DED 31534 |TOTAL (Rounded) = 31160.00
| |EDUCATION CESS @ 4% on 31160 = 1247.00
LESS: DEDUCTION U/S 10/17 0 0| |TOTAL TAX = 32407.00
LESS: PROFESSION TAX 0 1825| |
LESS: STANDARD DEDUCTION 0 50000| |
NET SALARY 676658 624833| |
| |
LESS: HOUSING LOAN INTEREST 0 0| |
LESS: INVEST. U/S 80C 0 31534| |
LESS: INVESTMENTS U/S 80(OTH) 0 0| |
| |
TAXABLE INCOME 676658 593299| |
| |
TOTAL TAX 31373 32407| |
———————————————————————————————————————————————————| |
TAX APPLIED AS PER OLD REGIME 32407 | |
———————————————————————————————————————————————————| |
LESS: TAX DEDUCTED AT SOURCE 19500 | |
| |
BALANCE TAX PAYABLE 12907 | |
BALANCE NUMBER OF MONTHS 5 | |
MONTHLY TAX 2582 | |

You might also like