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Aakash Educational Services Limited

Aakash Tower,08 Pusa Road, New Delhi - 110005

PaySlip for the month of March 2024


Emp Code F8735 Month Day 31.00 Location Sirsa
Name Sanjay Singh LOP 0.00 Payment Mode HDFC Bank Ltd
Designation Lecturer Bank A/c No. 50100247816958
Department Medical LOPR 0.00 PAN GDAPS9345M
Faculty Payable Days 31.00
Role PF No.
DOJ 28/09/2021 PFUAN.
Earnings Deductions
Description Rate Monthly Arrear Total Description Amount
Basic Salary 39,638 39,638 39,638 Income Tax 24,225
HRA 19,819 19,819 19,819 LWF 31
Transfer Allowance 20,000 20,000
Special Allow 66,278 66,278 66,278

Gross Pay 145,735 145,735 Gross Deduction 24,256

Net Pay 121479


Income Tax Worksheet for the Period April 2023 - March 2024
Description Gross Exempt Taxable Deduction Under Chapter VI-A
Basic Salary 475,580 475,580 Investments u/s 80C
HRA 237,789 237,789 INV_MF 149,992
Special Allow 795,333 795,333
Medical Allow 22 22
Conveyance Allow 29 29
Variable Pay 89,983 89,983
Transfer Allowance 20,000 20,000
Tax Deducted Details
Month Amount
April 2023 18,390.00
May 2023 45,854.00
June 2023 17,322.00
July 2023 17,830.00
August 2023 17,751.00
September 2023 17,565.00
October 2023 17,565.00
November 2023 17,826.00
Gross Salary 1,618,736 1,618,736 Total of Investment u/s 80C 149,992 December 2023 17,667.00
Deduction U/S 80C 149,992 January 2024 17,667.00
Previous Employer Professional Tax 0.00 February 2024 17,986.00
Professional Tax March 2024 24,225.00
Standard Deduction 50,000.00 Total 247,648.00
Under Chapter VI-A 149,992
Any Other Income 0.00
Taxable Income 1,418,744
Total Tax 238,123
Tax Rebate
Surcharge
Tax Due 238,123
Educational Cess 9,525
Net Tax 247,648
Tax Deducted (Previous Employer)
Tax Deducted Till Date 223,423
Tax to be Deducted 24,225 Total of Ded Under Chapter VI-A 149,992
Tax / Month 17,985
Tax on Non-Recurring Earnings 6,240 Interest on Housing Loan

Tax Deduction for this month 24,225


HRA Calculation
From To Rent Paid Actual HRA 40/50% of Basic Rent - 10% of Basic Exempt HRA
Total

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