Generated on 02 Aug 2019 01:15

AXIS BANK LTD

PAYSLIP FOR THE MONTH OF JULY - 2019
EMPLOYEE NUMBER : 186636 BANK ACCOUNT : 919010055548456 STANDARD DAYS : 31
NAME : HARESHSHARMA PF ACCOUNT : 186636 LOP DAYS : 0
GRADE : ASSISTANT MANAGER JOINING DATE : 29-JUN-2019 REFUND DAYS : 0
POSTED LOCATION : N223:KAROL BAGH DELHI

CURRENT
EARNINGS MONTHLY RATE MONTH ARREARS TOTAL DEDUCTIONS TOTAL
BASIC 7,500.00 7,500.00 500.00 8,000.00 EMPLOYEE P F 1,922.00
CONVEYANCE ALLOWANCE 1,600.00 1,600.00 107.00 1,707.00 GROUP TERM LIFE 444.00
HOUSE RENT ALLOWANCE 3,750.00 3,750.00 250.00 4,000.00
LOCATION PAY 1,875.00 1,875.00 125.00 2,000.00
LEAVE TRAVEL ALLOWANCE 1,250.00 1,250.00 83.00 1,333.00
MEDICAL ALLOWANCE 1,250.00 1,250.00 83.00 1,333.00
SPECIAL ALLOWANCE 3,700.00 3,700.00 247.00 3,947.00
TOTAL GROSS EARNINGS 22,320.00 GROSS DEDUCTIONS 2,366.00
NET SALARY PAYABLE 19,954.00
NET SALARY PAYABLE(IN WORDS) NINTEEN THOUSAND NINE HUNDRED FIFTY FOUR ONLY

INCOME TAX CALCULATION FOR THE FINANCIAL YEAR 2019 - 2020

INCOME TAX CALCULATION DETAILS OF EXEMPTION U/S 10

DETAILS OF PERQUISITES
PARTICULARS CUMULATIVE ADD: PORJECTED ADD: CURRENT ANNUAL INVESTMENT DETAILS
(UP TO JUN 19) (FOR 8 MONTHS) (JUL 19)
EMPLOYEE P F : 16,322.00
BASIC 0.00 60,000.00 8,000.00 68,000.00 GROUP TERM LIFE : 444.00
CONVEYANCE ALLOWANCE 0.00 12,800.00 1,707.00 14,507.00 DUMMY INVESTMENT : 1,50,000.00
HOUSE RENT ALLOWANCE 0.00 30,000.00 4,000.00 34,000.00 RENT DETAILS
LOCATION PAY 0.00 15,000.00 2,000.00 17,000.00 START DATE END DATE AMOUNT
LEAVE TRAVEL ALLOWANCE 0.00 10,000.00 1,333.00 11,333.00
MEDICAL ALLOWANCE 0.00 10,000.00 1,333.00 11,333.00 SLAB WISE TAX DETAILS
SPECIAL ALLOWANCE 0.00 29,600.00 3,947.00 33,547.00 FROM AMT TO AMT TAX RATE % TAX AMT
TOTAL 0.00 1,67,400.00 22,320.00 1,89,720.00 0.00 0.00 0.00 0.00
SALARY FOR THE YEAR 1,89,720.00 Total 0.00
ADD : INCOME RECEIVED FROM PREVIOUS EMPLOYER SALARY 0.00 DETAILS OF TAX DEDUCTED TILL CURRENT MONTH
GROSS INCOME 1,89,720.00 ELEMENT DESCRIPTION TAX AMT
LESS : STANDARD DEDUCTION 50,000.00
ADD : OTHER TAXABLE INCOME REPORTED BY THE EMPLOYEE 0.00
GROSS TAXABLE INCOME 1,39,720.00
LESS : DEDUCTION UNDER SECTION 80C 1,50,000.00
LESS: DEDUCTIONS U/S 0.00
80CCD,80CCD(1b),80CCG,80D,80DD,80DDB,80E,80G,80GG,80U,80EE
TOTAL INCOME TAX PAYABLE 0.00
MARGINAL TAX TO BE RECOVERED FOR THIS MONTH 0.00
LESS TAX DEDUCTED AT SOURCE TILL CURRENT MONTH 0.00
REMAINING TAX PAYABLE/REFUNDABLE 0.00
TAX PAYABLE/REFUNDABLE PER MONTH 0.00