Vishal
Vishal
Vishal
Net Pay in words : INR Eighteen Thousand Nine Hundred forty Six Only
Income Tax Worksheet for the Period April 2023 - March 2024(Proposed Investments)
Description Gross Exempt Taxable Deduction Under Chapter VI-A Taxable HRA Calculation(NON-METRO)
Basic 108000.00 0.00 108000.00 Investments u/s 80C Exempted Qualifying Rent Paid 0.00
HRA 24360.00 0.00 24360.00 From 01/04/2023
Statutory Bonus 9000.00 0.00 9000.00 To 31/03/2024
Incentive 4652.00 0.00 4652.00 1. Actual HRA 24360.00
2. 40% or 50% of Basic 43200.00
3. Rent - 10% Basic 0.00
Least of above is exempt 0.00
Gross 146012.00 0.00 146012.00 Total of Investments u/s 80C 0.00 150000.00 Taxable HRA 24360.00
Deductions U/S 80C 0.00 150000.00
Previous Employer Taxable Income 0.00 Total of Ded Under Chapter VI-A 0.00 150000.00
Professional Tax 0.00 TDS Deducted Monthly
Under Chapter VI-A 0.00 Month Amount
Standard Deduction 50000.00 April-2023 0.00
Any Other Income 0.00 May-2023 0.00
Taxable Income 96012.00 June-2023 0.00
Total Tax 0.00 July-2023 0.00
Marginal Relief 0.00 August-2023 0.00
Tax Rebate 0.00 Tax Deducted on Perq. 0.00
Surcharge 0.00 Total 0.00
Tax Due 0.00
Educational Cess 0.00
Net Tax 0.00
Tax Deducted (Previous Employer) 0.00
Tax Deducted on Perq. 0.00
Tax Deducted on Any Other Income. 0.00
Tax Deducted Till Date 0.00
Tax to be Deducted 0.00
Tax/Month 0.00 Total of Any Other Income 0.00
Tax on Non-Recurring Earnings 0.00
Tax Credit Amount (87A) 0.00
Tax Deduction for this month 0.00
Personal Note: This is a system generated payslip, does not require any signature.