KOTAK MAHINDRA LIFE INSURANCE COMPANY LIMITED (KLIP)

Payslip for the month of DECEMBER - 2023

Emp. No : 147988 Gender : M Bank Name : STATE BANK OF INDIA

Old Id : Designation : ASSOCIATE AGENCY PARTNER Payment Mode : BANK - OTHERS
Name : SUNKARA VEERAIAH Grade : L1 Dt.of Joining : 18/08/2023
PAN No : ASAPS6722M Department : SALES - KOTAK AGENCY (UT) Days worked : 4.00
PF No : MH/BAN/45187/374255 Location : GUNTUR LOP Days : 0
UAN NO. : 100615195313 Bank A/C No : 30760368689 Refund Days : 0
ESI No : 6209992694 Worked Days : 0

Current
Earnings Daily Rate Month Arrears Total Deductions Total
Basic 450.00 1800.00 0.00 1800.00 Esic Deduction 24.00
House Rent Allow. 225.00 900.00 0.00 900.00 Provident Fund 216.00
Field Allowance 105.00 420.00 0.00 420.00 Employee Lwf 30.00
Statutory Bonus Monthly 47.00 188.00 0.00 188.00
Sales Incentive 11400.00 0.00 11400.00
Total Gross Earnings 827.00 14708.00 0.00 14708.00 Gross Deductions 270.00
Net Salary Payable 14438.00
Net Salary Payable(In Words) Fourteen Thousand Four Hundred Thirty Eight Only

Income Tax Calculation for the Financial Year 2023 - 2024

Income Tax Calculation

Details of Perquisites
Particulars Cummulative Add: Projected Add: Current Annual Loan Perquisites : 0.00
Investment Details
BASIC 7200.00 5400.00 1800.00 14400.00
HOUSE RENT ALLOW 3600.00 2700.00 900.00 7200.00 CLA Details
FIELD ALLOWANCE 1680.00 1260.00 420.00 3360.00 Start Date End Date Amount
STATUTORY BONUS 752.00 564.00 188.00 1504.00 Car Perk Details
MONTHLY Start Date End Date Car CC
SALES INCENTIVE 27270.00 0.00 11400.00 38670.00 Tax Regime : NEW
Total 40502.00 9924.00 14708.00 65134.00
Salary for the Year 65134.00 Slab wise Tax Details
Add : Income received from Previous Employer Salary 0.00 From Amt To Amt Tax Rate % Tax Amt
Net Taxable Income 65134.00 0.00 15140.00 0.00 0.00
Less : Standard Deduction 50000.00 Total 0.00
Add : Other Taxable Income reported by the Employee 0.00 LOP Dates :
Gross Taxable Income 15134.00 Refund Dates :
LESS: DEDUCTIONS U/S 80CCD(1b), 80CCD(2) 0.00
Income Chargable to Tax (Rounded off) 15140.00

Income Tax Deduction

Net Income Tax Payable 0.00

Total Income Tax & S/C Payable 0.00
I Tax & S/C to be recovered 0.00
Marginal Tax To Be Recovered For This Month 0.00
I. Tax & S/C Recovered Till Current Month 0.00
Tax Payable/Refundable 0.00