Scribd
Upload
78 views1 page

Payslip For The Month of January 2022: Earnings Deductions

The payslip is for Sunanda Singh for January 2022. It shows earnings of Rs. 31,305 including basic pay of Rs. 15,387, HRA of Rs. 7,694, and special allowance of Rs. 7,694. Total deductions were Rs. 1,800 for PF. The net pay was Rs. 29,505. An income tax worksheet calculates the taxable income as Rs. 68,602 and shows no tax is due after deductions under Section 80C of Rs. 7,146 for PF contributions.

Uploaded by

sunanda singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
78 views1 page

Payslip For The Month of January 2022: Earnings Deductions

The payslip is for Sunanda Singh for January 2022. It shows earnings of Rs. 31,305 including basic pay of Rs. 15,387, HRA of Rs. 7,694, and special allowance of Rs. 7,694. Total deductions were Rs. 1,800 for PF. The net pay was Rs. 29,505. An income tax worksheet calculates the taxable income as Rs. 68,602 and shows no tax is due after deductions under Section 80C of Rs. 7,146 for PF contributions.

Uploaded by

sunanda singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

ACS Global Tech Solutions Private Limited

Plot No.6, sector 126, Noida - 201303

Payslip for the month of January 2022

Emp.Code ACS3213 Location Noida


Name Sunanda Singh Bank NameAxis Bank
Designation Associate LWOP 0.00 Bank A/c No. 920010042457347
Department US Operations Arrear LWOP 1.00 PAN FWOPS7750E
Grade L2 Arrear Days 0.00 ESI No.
DOJ 29/11/2021 Total Pay Days 30.00 PF No. UAN No. 101247712001

Earnings Deductions
Description Actual Earned Arrear Total Description Amount
Basic 15,900 15,900 -513 15,387 PF 1,800
House Rent Allowance 7,950 7,950 -256 7,694
Special Allowance 7,950 7,950 -256 7,694
Leave Encashment 530 530

GROSS PAY 32,330 -1,025 31,305 GROSS DEDUCTION 1,800

NET PAY : 29,505(Rupees Twenty-Nine Thousand Five Hundred Five Only)


Income Tax Worksheet for the Period November 2021 - March 2022 Tax Calculation Based on : Old Regime
Description Gross Exempt Taxable Deduction Under Chapter VI-A YTD Deductions for FY 2021-2022
Basic 62,608 62,608 Investments u/s 80C Description Amount
House Rent Allowance 31,305 31,305 PF 7,146
Special Allowance 31,305 31,305
Leave Encash 530 530

Gross Salary 125,748 125,748 Total of Investment u/s 80C 7,146 Tax Deducuted Details
Deduction U/S 80C 7,146 Month Amount
Standard Deduction 50,000 December 2021 0.00
Previous Employer Professional Tax January 2022 0.00
Professional Tax Total 0.00
Under Chapter VI-A 7,146
Any Other Income
Taxable Income 68,602
Total Tax
Tax Rebate
Surcharge
Tax Due
Educational Cess 0
Net Tax 0
Tax Deducted (Previous Employer)
Tax Deducted Till Date Total of Ded Under Chapter VI-A 7,146 Loan Balances
Tax to be Deducted Interest on Housing Loan 0.00 Loan Type Loan Amt Opening Deduction
Tax / Month Income from Other Sources 0.00
Tax on Non-Recurring Earnings
Tax Deduction for this month

HRA Calculation

From To Rent Paid Actual HRA 40/50% of Basic Rent - 10% of Basic Exempt HRA
Total
Note :- This is and electronically generated statement hence does not requires no signature.

You might also like