Manas Pradhan's payslip for September 2022 from ATC Tires Pvt. Ltd. shows he earned a total of Rs. 19,008 and his net pay was Rs. 17,391. It also includes a tax exemption worksheet projecting his annual income and deductions for the period of July 2022 to March 2023, estimating a total taxable income of Rs. 91,664 with no tax due.
Manas Pradhan's payslip for September 2022 from ATC Tires Pvt. Ltd. shows he earned a total of Rs. 19,008 and his net pay was Rs. 17,391. It also includes a tax exemption worksheet projecting his annual income and deductions for the period of July 2022 to March 2023, estimating a total taxable income of Rs. 91,664 with no tax due.
Manas Pradhan's payslip for September 2022 from ATC Tires Pvt. Ltd. shows he earned a total of Rs. 19,008 and his net pay was Rs. 17,391. It also includes a tax exemption worksheet projecting his annual income and deductions for the period of July 2022 to March 2023, estimating a total taxable income of Rs. 91,664 with no tax due.
Manas Pradhan's payslip for September 2022 from ATC Tires Pvt. Ltd. shows he earned a total of Rs. 19,008 and his net pay was Rs. 17,391. It also includes a tax exemption worksheet projecting his annual income and deductions for the period of July 2022 to March 2023, estimating a total taxable income of Rs. 91,664 with no tax due.
Net Pay : 17,391.00 (SEVENTEEN THOUSAND THREE HUNDRED NINETY ONE ONLY)
Income Tax Worksheet for the Period July 2022 - March 2023
Description Gross Exempt Taxable Deduction Under Chapter VI-A
Basic 82,253.00 0.00 82,253.00 Employee Provident Fund 12,205.00 House Rent Allowance 32,901.00 0.00 32,901.00 Total of Investment u/s 80C 12,205.00 Statutory Bonus 16,451.00 0.00 16,451.00 Tax Deducted DEDUCTION U/C 80C 12,205.00 Details Leave Trave Allowance 10,284.00 0.00 10,284.00 Total of Ded Under Chapter VI-A 12,205.00 Month Amount Personal Pay 9,173.00 0.00 9,173.00 Jul 2022 0.00 INCENTIVE 4,407.00 0.00 4,407.00 Total Income Other Than Salary 0.00 Aug 2022 0.00 Gross Salary 155,469.00 0.00 155,469.00 Sep 2022 0.00 Deduction Previous Employer Professional Tax 0.00 Standard Deduction 50,000.00 Professional Tax 1,600.00 Under Chapter VI-A 12,205.00 Any Other Income 0.00 Taxable Income 91,664.00 Total Tax 0.00 Tax Rebate 0.00 Surcharg 0.00 Tax Due 0.00 Educational Cess 0.00 Net Tax 0.00 Tax Deducted (Previous Employer) 0.00 Tax Deducted Till Date 0.00 Tax to be Deducted 0.00 Tax /Month 0.00 Tax on Non-Recurring Earnings 0.00 Tax Deduction for this month 0.00
HRA Exemption Calculation
From To Rent Paid Actual HRA 40/50% of Basic Rent - 10% of Basic Exempted HRA
