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Employee

Code No

E001
E002
E003

Name
A
B
C

Basic
Salary
Designation
Executives
Officers
Assistant

50000
70000
10000

HOUSE
RENT
Dearness Medical
Allowanc Allowanc Allowanc GROSS
e
e
e
SALARY
2000
2000

1000

12500
17500
2500

1000
700
500

65500
90200
14000

Professio
nal Tax
150
150
110

SALARY
PAID PER ANNUAL
MONTH SALARY
65350
90050
13890

784200
1080600
166680

INCOME
TAX
185260
274180
8336

NET
SALARY
PAYABLE
598940
806420
158344

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