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    Deccan Chronicle Holdings Limited No. 5th Floor, B.M.T.C Commercial Comples, 80ft Road, Koramangala. Benguluru - 560 095

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    David Pen
    P Ravi Kumar's payslip for October 2018 is summarized as follows: 1) Ravi Kumar earned a total of Rs. 37,103.39 in gross earnings which included a basic pay of Rs. 16,611, variable dearness allowance of Rs. 11,936.05, and house rent allowance of Rs. 2,242.49. 2) Total deductions of Rs. 3,626 were made which included professional tax of Rs. 200 and employees' provident fund of Rs. 3,426. 3) Ravi Kumar's net salary for October 2018 was Rs. 33,477.39.

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    Deccan Chronicle Holdings Limited No. 5th Floor, B.M.T.C Commercial Comples, 80ft Road, Koramangala. Benguluru - 560 095

    Uploaded by

    David Pen
    233 views1 page
    P Ravi Kumar's payslip for October 2018 is summarized as follows: 1) Ravi Kumar earned a total of Rs. 37,103.39 in gross earnings which included a basic pay of Rs. 16,611, variable dearness allowance of Rs. 11,936.05, and house rent allowance of Rs. 2,242.49. 2) Total deductions of Rs. 3,626 were made which included professional tax of Rs. 200 and employees' provident fund of Rs. 3,426. 3) Ravi Kumar's net salary for October 2018 was Rs. 33,477.39.

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    im ravi kumar learning guitar as intermediate level

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    pay slip

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    P Ravi Kumar's payslip for October 2018 is summarized as follows: 1) Ravi Kumar earned a total of Rs. 37,103.39 in gross earnings which included a basic pay of Rs. 16,611, variable dearness allowance of Rs. 11,936.05, and house rent allowance of Rs. 2,242.49. 2) Total deductions of Rs. 3,626 were made which included professional tax of Rs. 200 and employees' provident fund of Rs. 3,426. 3) Ravi Kumar's net salary for October 2018 was Rs. 33,477.39.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    233 views1 page

    Deccan Chronicle Holdings Limited No. 5th Floor, B.M.T.C Commercial Comples, 80ft Road, Koramangala. Benguluru - 560 095

    Uploaded by

    David Pen
    P Ravi Kumar's payslip for October 2018 is summarized as follows: 1) Ravi Kumar earned a total of Rs. 37,103.39 in gross earnings which included a basic pay of Rs. 16,611, variable dearness allowance of Rs. 11,936.05, and house rent allowance of Rs. 2,242.49. 2) Total deductions of Rs. 3,626 were made which included professional tax of Rs. 200 and employees' provident fund of Rs. 3,426. 3) Ravi Kumar's net salary for October 2018 was Rs. 33,477.39.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    DECCAN CHRONICLE HOLDINGS LIMITED

    No. 5th Floor, B.M.T.C Commercial Comples, 80ft Road,Koramangala. Benguluru - 560 095
    BENGALURU Payslip for the Month of October2018
    Emp id BDC0706 PF No AP/176/1358 UAN No 100262394801
    Name P RAVI KUMAR Bank A/c No 000201647543 Paid Days 31
    Desig JR ELECTRONICS ENGR PAN No ARMPP1537C Lop Days 0

    Earnings BASIC PAY 16,611.00 Deductions


    Earn Desc Amount Deduction Desc Amount
    BASIC PAY - WAGES 16,611.00 PROFESSIONAL TAX 200.00
    VARIABLE DEARNESS ALLOWANCE 11,936.05 EMPLOYEES PROVIDENT FUND 3,426.00
    HOUSE RENT ALLOWANCE 2,242.49
    MEDICAL EXPENSES 500.00
    VARIABLE PAY 5,813.85

    Gross Earnings 37,103.39 Gross Deductions 3,626.00

    Net Salary 33,477.39

    Income Tax Calculations Income Tax Deduction

    Particulars Cumulative Add(Rs) Less(Rs) Annual(Rs) Income Tax Payable 0.00

    Basic Pay 1,16,277.00 83,055.00 0.00 1,99,332.00


    Add : Surcharge on Income Tax 0.00
    VDA 81,761.95 59,680.25 0.00 1,41,442.20

    HRA 15,697.43 11,212.45 26,620.52 289.36 Add : Health and Education Cess 0.00

    Medical 3,500.00 2,500.00 0.00 6,000.00

    Conveyance 0.00 0.00 0.00 0.00 Total IT & S/C & Cess Payable 0.00

    Special Allw 0.00 0.00 0.00 0.00

    40,696.95 29,069.25 0.00 69,766.20 Less : I.Tax paid by Prev.Employer 0.00


    Other Earnings
    Exgra/SPW/LTC 0.00 0.00 0.00 0.00 I.Tax Recovered till Oct-2018 0.00
    Excess Paid Sal. 0.00 0.00 0.00 0.00
    Balance I.Tax to be recovered 0.00
    Total Income 4,16,829.76

    Add : Income receive from Previous Employer 0.00 Avg. Monthly I.Tax to be recovered 0.00

    Net Taxable Income 4,16,829.76

    40,000.00 Savings Details


    Less : Standard Deduction
    Less : Prof.Tax recovered by Previous Employer 0.00 LICP/LIC Premium 60,000.00

    Less : Prof. Tax recovered by current Employer 2,400.00 0.00


    NSC
    Gross Taxable Income 3,74,429.76 Principal on Housing Loan 0.00

    0.00 EPF 40,636.00


    Less : Loss under income from House Property (Sec 24)
    Less : Deduction U/s 80DD/80DDB 0.00 0.00
    PPF
    Less :Deduction U/s 80D 3,000.00 0.00
    Children Education Fee
    Less : Deduction U/s 80E/80U/80CCD 0.00
    BONDS 0.00
    Less : SEC 80C/80CCC Total 1,00,636.00
    Others 0.00
    Less : SEC 80G 0.00
    Less : SEC 80E 0.00
    1,00,636.00
    Less : SEC 80CCF 0.00 Total Savings
    Income Chargeable to Tax (Rounded Off) 2,70,793.76 Note: Savings Considered U/S 80C/80CC Up to Rs 1,50,000.00

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