Aakash Educational Services Limited

Aakash Tower,08 Pusa Road, New Delhi - 110005

PaySlip for the month of October 2021

Emp Code F5769 Month Day 31.00 Location Khammam
Name Gattu Sharathkumar 0.00 Payment Mode AXIS Bank Ltd
LOP
Designation Assistant Professor Bank A/c No. 917010040984562
Department Engineering LOPR 0.00
PAN AYEPG0110D
Academic Head - IIT Wing Payable Days 31.00
Role PF No.
DOJ 02/09/2017 PFUAN.
Earnings Deductions
Description Rate Monthly Arrear Total Description Amount
Basic Salary 70,224 70,224 70,224 Prof. Tax 200
HRA 35,112 35,112 35,112 Income Tax 77,148
Conveyance Allow 1,600 1,600 1,600
Variable Pay 68,880 68,880
Special Allow 166,522 166,522 166,522
Facility Allow 8,000 8,000 8,000
Medical Allow 1,250 1,250 1,250

Gross Pay 351,588 351,588 Gross Deduction 77,348

Net Pay 274240

Income Tax Worksheet for the Period April 2021 - March 2022
Description Gross Exempt Taxable Deduction Under Chapter VI-A
Basic Salary 840,423 840,423 Investments u/s 80C
HRA 420,211 336,169 84,042 C.E.F 150,000
Special Allow 1,992,892 1,992,892
Facility Allow 95,742 95,742
Medical Allow 14,960 14,960
Conveyance Allow 19,148 19,148
Variable Pay 68,880 68,880
Tax Deducted Details
Month Amount
April 2021 55,979.00
May 2021 55,978.00
June 2021 55,979.00
July 2021 55,978.00
August 2021 55,658.00
September 2021 55,658.00
October 2021 77,148.00
Total 412,378.00
Gross Salary 3,452,256 336,169 3,116,087 Total of Investment u/s 80C 150,000
Deduction U/S 80C 150,000
Previous Employer Professional Tax 0.00 U/S 80D 29,757
Professional Tax 2,400 U/S 80DPS 50,000
Standard Deduction 50,000.00
Under Chapter VI-A 225,000
Any Other Income 0.00
Taxable Income 2,838,687
Total Tax 664,106
Tax Rebate
Surcharge
Tax Due 664,106
Educational Cess 26,564
Net Tax 690,670
Tax Deducted (Previous Employer)
Tax Deducted Till Date 335,230
Tax to be Deducted 355,440 Total of Ded Under Chapter VI-A 229,757
Tax / Month 55,658
Tax on Non-Recurring Earnings 21,490 Interest on Housing Loan

Tax Deduction for this month 77,148

HRA Calculation

From To Rent Paid Actual HRA 40/50% of Basic Rent - 10% of Basic Exempt HRA
01/04/2021 31/03/2022 480,000 420,211 336,169 395,958 336,169
Total 480,000 420,211 336,169 395,958 336,169