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April May June July August September October

Basic 10000 10000 10000 10000 10000 10000 10000


DA
Childs education
HRA
Conveyance
Medical
LTA
Telephone
Broadband
Fuel and Maintainence
Other Allowances
Bonus
Perks
Uniform allowance
Total 10000 10000 10000 10000 10000 10000 10000

Rent
Professional tax
Income tax
Provident Fund
Other deductions
Voluntary Provident Fund
Life insurance
Fuel and Maintainence Bills
Telephone Bills
Broadband Bills
Medical Bills
Leave Travel Allowance
Net Salary 10000 10000 10000 10000 10000 10000 10000

Tax Computation
Gross Salary 120,000
Profession Tax 0
Exemptions under section 10 & 17 0
Gross Salary after Section 10 & 17 exemptions and professional tax 120,000
flexible benefit plan deductions 0
Income chargeable under head 'Salaries' 120,000
Income chargeable under head 'House/Property' 0
Income chargeable under head 'Capital Gains' at nominal rate 0
Income chargeable under head 'Capital Gains' at nominal rate 0
Income chargeable under head 'Other Sources' 0
Gross Total Income 120,000
Deductions under chapter VI-A 0
Deductions under sec 80C 0
Net taxable income 120,000
Tax Slabs Tax rate Appl Amt Balance Tax
00000 - 250000 0% 120,000 0 0
250001 - 500000 5% -250,000 0 0
500001 - 1000000 20% -500,000 0 0
> 1000000 30% 0 0
Tax credit (Sec 87A) 0
Tax on Income 0
Capital Gains Tax (from Stocks & MFs) 0
Capital Gains Tax (from Property) 0
Tax on dividends 0
Surcharge on Income Tax 0
Education Cess 0
Total Tax Liability 0
Total Income tax paid from salary 0
Tax paid outside of salary 0
Income tax due 0
Remaining months in year 12

Extra Tax Due per month 0


November December January February March Totals

10000 10000 10000 10000 10000 120000


0
0
0
0
0
0
0
0
0
0
0
0
0
10000 10000 10000 10000 10000 120000

0
0
0
0
0
0
0
0
0
0
0
0
10000 10000 10000 10000 10000 110000

Exemptions under section 10 & 17 Produced Limited


HRA Exemption (sec 10 (13A)) 0 0
Transport Exemption (sec 10(14)) 0
Other exemptions under sec 10 (10) (gratuity, etc.) 0 0
Medical Bills Exemption (sec 17(2)) 0 0
Children's Education Allowance Exemption (sec 10 (14)) 0 0
LTA exemption (sec 10(5)) 0 0
Uniform expenses (sec 10(14)) 0 0
Total Exempted Allowances 0
Other income Produced Limited
House/property income or loss (enter loss as negative) 0 0
Interest on housing loan (for tax exemption) 0
Savings Bank interest 0 0
Dividends from Indian companies (not MFs) 0 0
Other income (interest, etc. excluding. SB int) 0 0
Deductions under Chapter VI-A Produced Limited
Medical Insurance Premium / health check (sec 80D) 0 0
Medical Insurance Premium for parents (sec 80D) 0 0
Medical for handicapped dependents (sec 80DD) 0 0
Medical for specified diseases (sec 80DDB) 0 0
Higher Education Loan Interest Repayment (sec 80E) 0 0
Donation to approved fund and charities (sec 80G) 0 0
Rent deduction (sec 80GG) only if HRA not received 0 0
Savings Bank interest exemption (sec 80TTA) 0
Deduction for permanent disability (sec 80U) 0
Any other deductions (incl. donations u/s 35AC/80GGA) 0 0
Total Deductibles 0
Deductions under Chapter VI (sec 80C) Produced Limited
National Pension scheme - Employee Contribution (sec 80CCD(1)) 0 0
PPF, Pension scheme, Sukanya Samriddhi scheme, etc. 0
NSC (sec 80C) 0 0
Employees Provident Fund & Voluntary PF (sec 80C) 0 0
Children's Education Tuition Fees (sec 80C) 0
Housing loan principal repayment, regn/stamp duty (sec 80C) 0 0
Insurance premium & others (MF, ULIP, FD, SS, etc.) (sec 80C) 0 0
National Pension scheme - Employer Contribution (sec 80CCD(2)) 0 0
Total Investments 0

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