This payslip summarizes Pawandeep Singh's earnings and deductions for Axis Bank Ltd. for the month of October 2022. It shows he earned a total of Rs. 56,002 in basic pay, allowances and bonuses. Total deductions of Rs. 5,549 included provident fund, life insurance and other contributions. His net salary payable for the month was Rs. 50,453. An annual income tax calculation is also provided projecting his total income and tax liability for the 2022 financial year.
This payslip summarizes Pawandeep Singh's earnings and deductions for Axis Bank Ltd. for the month of October 2022. It shows he earned a total of Rs. 56,002 in basic pay, allowances and bonuses. Total deductions of Rs. 5,549 included provident fund, life insurance and other contributions. His net salary payable for the month was Rs. 50,453. An annual income tax calculation is also provided projecting his total income and tax liability for the 2022 financial year.
This payslip summarizes Pawandeep Singh's earnings and deductions for Axis Bank Ltd. for the month of October 2022. It shows he earned a total of Rs. 56,002 in basic pay, allowances and bonuses. Total deductions of Rs. 5,549 included provident fund, life insurance and other contributions. His net salary payable for the month was Rs. 50,453. An annual income tax calculation is also provided projecting his total income and tax liability for the 2022 financial year.
This payslip summarizes Pawandeep Singh's earnings and deductions for Axis Bank Ltd. for the month of October 2022. It shows he earned a total of Rs. 56,002 in basic pay, allowances and bonuses. Total deductions of Rs. 5,549 included provident fund, life insurance and other contributions. His net salary payable for the month was Rs. 50,453. An annual income tax calculation is also provided projecting his total income and tax liability for the 2022 financial year.
EMPLOYEE NUMBER : 323927 BANK ACCOUNT : 919896923230 STANDARD DAYS : 31
NAME : PAWANDEEP SINGH PF ACCOUNT : 323927 LOP DAYS :0 DESIGNATION : OFFICER-SALES JOINING DATE : 09-SEP-2019 REFUND DAYS :0 POSTED LOCATION : 1855 MODELTOWN PANIPAT
EARNINGS MONTHLY RATE CURRENT MONTH ARREARS TOTAL DEDUCTIONS TOTAL
BASIC 7,500.00 20000.00 0.00 20000.00 EMPLOYEE P F 2,897.00 HOUSE RENT ALLOWANCE 3,750.00 12750.00 0.00 12750.00 GROUP TERM LIFE 1,510.00 STATUTORY BONUS 1,400.00 8057.00 887.00 8944.00 BENEVOLENT FUND 942.00 SPECIAL ALLOWANCE 4,306.00 14308.00 0.00 14308.00 GROSS EARNINGS 56,002.00 GROSS DEDUCTIONS 5,549.00 NET SALARY PAYABLE 50,453.00 NET SALARY PAYABLE(IN WORDS) : FIFTY THOUSAND FOUR HUNDRED FIFTY THREE ONLY
INCOME TAX CALCULATION FOR THE FINANCIAL YEAR 2021 - 2022
INCOME TAX CALCULATION DETAILS OF EXEMPTION U/S 10
PARTICULARS CUMULATIVE ADD: PROJECTED ADD: CURRENT ANNUAL (UP TOSEP 21) (FOR 5 MONTHS) (OCT 21) BASIC 4,750.00 37,500.00 5,806.00 48,056.00 HOUSE RENT ALLOWANCE 2,375.00 18,750.00 2,903.00 24,028.00 DETAILS OF PERQUISITES STATUTORY BONUS 0.00 7,000.00 1,971.00 8,971.00 INVESTMENT DETAILS SPECIAL ALLOWANCE 2,727.00 21,530.00 3,334.00 27,591.00 EMPLOYEE P F 9,078.00 TOTAL 9,852.00 84,780.00 14,014.00 1,08,646.00 GROUP TERM LIFE 763.00 SALARY FOR THE YEAR 1,08,646.00 RENT DETAILS ADD : INCOME RECEIVED FROM PREVIOUS EMPLOYER SALARY 0.00 START DATE END DATE AMOUNT GROSS INCOME 1,08,646.00 LESS : STANDARD DEDUCTION 50,000.00 SLAB WISE TAX DETAILS ADD : OTHER TAXABLE INCOME REPORTED BY THE EMPLOYEE 0.00 TAX GROSS TAXABLE INCOME 58,646.00 FROM AMT TO AMT RATE TAX AMT LESS : DEDUCTION UNDER SECTION 80C 9,841.00 % LESS: DEDUCTIONS U/S 0.00 0.00 48,810.00 0.00 0.00 80CCD,80CCD(1b),80CCG,80D,80DD,80DDB,80E,80G,80GG,80U,80EE,80EEA,80EEB INCOME CHARGEABLE TO TAX (ROUNDED OFF) 48,810.00 Total 0.00 INCOME TAX DEDUCTION DETAIL OF TAX DEDUCTED TILL CURRENT MONTH TOTAL INCOME TAX PAYABLE 0.00 ELEMENT TAX AMT MARGINAL TAX TO BE RECOVERED FOR THIS MONTH 0.00 DESCRIPTION LESS TAX DEDUCTED AT SOURCE TILL CURRENT MONTH 0.00 REMAINING TAX PAYABLE/REFUNDABLE 0.00 TAX PAYABLE/REFUNDABLE PER MONTH 0.00 LEAVE DETAILS LOP DETAILS EMP NO EMP NAME LOP TYPE FROM DATE TO DATE 323927 Harpreet Singh Kapoor