Particulars value

2
Number of Months(Actual)

2
Projected months

100,815
Earned Basic

115,750
Projected Basic

216,565
Total Basic

34,617
Fuel Allowance

2,177
Medical Actual

2,500
Medical Projected

4,677
Medical Taxable

37,921
Special Allowance

42,598
Total Allowance

50,407
HRA (Paid)

57,874
Projected HRA

108,281
Total HRA

27,000
Monthly Rent Paid

108,000
Total Rent Paid

216,565
Salary for HRA (Basic + DA)

86,626
50% of Salary (40% for non-metro)

86,344
Excess of rent paid over 10% of Salary

86,344
DEDUCTION : Lowest of HRA section

21,938
HRA Taxable

281,101
Salary For RFA
 281,101
Salary For RFA

56,220
20% of Salary

315,718
GROSS SALARY

315,718
Net Salary

315,718
GROSS TOTAL INCOME

40,000
Standard Deduction 40k

10,722
MEDICLAIM POLICY 80D (PARENTS)

10,722
Mediclaim Premium (Sec 80D)

10,722
Total Rebate U/S 80 (Excluding 80C)

12,098
PF Actual

13,890
PF Projected

50,000
Pension Plan Sec 80CCD (1B)

150,000
Total Rebate U/S 80C (Max 150000)

150,000
Others

64,996
Taxable Income

12,916
Taxable Income Monthly

2,500
Rebate os Sec 87a

Print
 Previous Employer Salary SMR

Basic 886275 216,565 1,102,840

Fuel Allowance 34,617 34,617
Medical 4,677 4,677
Special Allowance 37,921 37,921
HRA 75,938 75,938
886,275 369,718 1,255,993

Standard Deduction -40000

80C -150000
80D -10722
NPS 50000

1,065,993

Upto 2.5 Lac -

2.5 to 5 Lac 12,500.00
5 Lac to 10 Lac 100,000.00
19,797.75

137,589.66

Previous Employer TDS -105500

Balance tax to be deducted 32,089.66

16044.83
 HRA Received 108,281.00
Rent Paid 32,343.50 Rent paid is for four month from Dec
50% of Basic 86,626.00

HRA Exempt 32,344

Currently Not Cosniderd because no proof given
is for four month from December to March