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