Payroll
Content
Employee Database
Company Name
Address
Employee Database for the Year 2010 – 11
Employee Ref No:
Employee Name
Department
Designation
Type of Employment
Date of Joining
0001
A
DEPT 1
Software Trainee 1
Permanent
Jan 2, 10
0002
B
DEPT 2
Software Trainee 2
Permanent
Jan 3, 10
0003
C
DEPT 3
Software Trainee 3
Permanent
Jan 4, 10
0004
D
DEPT 4
Software Trainee 4
Permanent
Jan 5, 10
0005
E
DEPT 5
Software Trainee 5
Permanent
Jan 6, 10
0006
F
DEPT 6
Software Trainee 6
Permanent
Jan 7, 10
0007
G
DEPT 7
Software Trainee 7
Permanent
Jan 8, 10
0008
H
DEPT 8
Software Trainee 8
Permanent
Jan 9, 10
0009
I
DEPT 9
Software Trainee 9
Permanent
Jan 10, 10
0010
J
DEPT 10
Software Trainee 10
Permanent
Jan 11, 10
0011
K
DEPT 11
Software Trainee 11
Permanent
Jan 12, 10
0012
L
DEPT 12
Software Trainee 12
Permanent
Jan 13, 10
0013
M
DEPT 13
Software Trainee 13
Permanent
Jan 14, 10
0014
N
DEPT 14
Software Trainee 14
Permanent
Jan 15, 10
0015
O
DEPT 15
Software Trainee 15
Permanent
Jan 16, 10
Page 1
Employee Database
0016
P
DEPT 16
Software Trainee 16
Permanent
Jan 17, 10
0017
Q
DEPT 17
Software Trainee 17
Permanent
Jan 18, 10
0018
R
DEPT 18
Software Trainee 18
Permanent
Jan 19, 10
0019
S
DEPT 19
Software Trainee 19
Permanent
Jan 20, 10
0020
T
DEPT 20
Software Trainee 20
Permanent
Jan 21, 10
0021
U
DEPT 21
Software Trainee 21
Permanent
Jan 22, 10
0022
V
DEPT 22
Software Trainee 22
Permanent
Jan 23, 10
0023
W
DEPT 23
Software Trainee 23
Permanent
Jan 24, 10
0024
X
DEPT 24
Software Trainee 24
Permanent
Jan 25, 10
0025
Y
DEPT 25
Software Trainee 25
Permanent
Jan 26, 10
0026
Z
DEPT 26
Software Trainee 26
Permanent
Jan 27, 10
Page 2
Employee Database
0 – 11
PF A/c
ESIC A/c
PF/001
ESIC/001
PF/002
ESIC/002
PF/003
ESIC/003
PF/004
ESIC/004
PF/005
ESIC/005
PF/006
ESIC/006
PF/007
ESIC/007
PF/008
ESIC/008
PF/009
ESIC/009
PF/010
ESIC/010
PF/011
ESIC/011
PF/012
ESIC/012
PF/013
ESIC/013
PF/014
ESIC/014
PF/015
ESIC/015
Grade
Band
Page 3
Employee Database
PF/016
ESIC/016
PF/017
ESIC/017
PF/018
ESIC/018
PF/019
ESIC/019
PF/020
ESIC/020
PF/021
ESIC/021
PF/022
ESIC/022
PF/023
ESIC/023
PF/024
ESIC/024
PF/025
ESIC/025
PF/026
ESIC/026
Page 4
Attendance
Company Name
Address
Employee Database for the Year 2010 – 11
ATTENDANCE FOR THE MONTH OF
Employee Ref No:
Employee Name
Total Days Payable
0001
A
31
0002
B
31
0003
C
31
0004
D
31
0005
E
31
0006
F
31
0007
G
28
0008
H
31
0009
I
31
0010
J
31
0011
K
31
0012
L
30
0013
M
31
Page 5
Attendance
0014
N
31
0015
O
31
0016
P
25
0017
Q
31
0018
R
31
0019
S
31
0020
T
31
0021
U
31
0022
V
31
0023
W
26
0024
X
27
0025
Y
28
0026
Z
30
Page 6
Salary Structure
Company Name
Address
Employee Name:
Designation:
Band:
Reporting Manager:
Date of joining:
Gender(Male-1,Female-2)
Place of Residence(For Metro cities0,For Non Metro cities-1)
Age
Number of children
1
1
26
0
Salary Structure
Percentage / Amount
481,000.00
Gross Emoluments:
Fixed Pay
Basic
Flexible Benefit Plan (FBP)
HRA
Medical
Conveyance
LTA
Food Coupons\Periodical Journals
Telephone Reimbursements
Transport Allowance
Child Education
Car Reimbursement
Internet Expense
Driver Salary
Enter values in only
192,400.00
40.00%
(In Percentage on Gross)
217,000.20
50.00%
15,000.00
9,600.00
40.00%
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(In Percentage on Basic)
(In Percentage on Gross)
Total CTC
Colored cells
Page 7
520,143.78
Salary Structure
Salary Break Up
Professional Ta
Basic Salary
(40% on Gross)
1) Salary/wage up-to Rs.5000
HRA
(40% of Basic)
2) Salary/Wage from 5001 to 599
Conveyances
- 9,600 Per annum
3) Salary/Wage from 6000 to 999
Medical
- 15,000 Per annum
4) Salary/Wage from 10,000 to 1
Others/Special Allowances
- Remaining part of FBP/Gross
5) Salary/Wage from 15,000 to 1
Employer's Contribution-
6) Salary/Wage from 20000 & ab
PF
- 13.61% on basic (Pension Fund -8.33%+EPF
3.67%+Admin Charges(1.01% +0.5%))
HRA Exemptio
ESIC
- (4.75% on Gross)
Employee's ContributionPF
ESIC
- (12% on Basic )
- (1.75% on Gross
*Gratuity (Eligibility for Gratuity: 5 years of Service )
*Superannuation's (Eligibility for Superannuation: 10 years of Service )
Actual Rent paid Minus 10 per cen
(Basic)
If you live in metropolitan (Delhi,
Chennai, Bombay and Calcutta), 5
Basic and DA .
However, if you live in any other cit
40% of Basic + DA.
Actual HRA allowance in the salary
Package
Gratuity = Last drawn Basic salary * 15/26 * No:of years of Service
Page 8
Salary Structure
Professional Tax
1) Salary/wage up-to Rs.5000
No Tax
2) Salary/Wage from 5001 to 5999
60.00
3) Salary/Wage from 6000 to 9999
80.00
4) Salary/Wage from 10,000 to 14,999
100.00
5) Salary/Wage from 15,000 to 19,999
150.00
6) Salary/Wage from 20000 & above
200.00
HRA Exemption
Annually
Actual Rent paid Minus 10 per cent of
(Basic)
.00
If you live in metropolitan (Delhi,
Chennai, Bombay and Calcutta), 50% of
Basic and DA .
However, if you live in any other city, it is
40% of Basic + DA.
76,960.00
Actual HRA allowance in the salary
Package
96,200.00
Page 9
Salary Sheet
Company Name
Address
Tax Calculator F.Y. 2010-11
481,000.00
Gross Salary Per Annum
HRA Exemption
Gender(Male-1,Female-2)
1
Place of Residence(For Metro cities-0,For Non Metro
cities-1)
1
Age
26
Number of children
0
Salary Breakup
0.40
No: of times LTA claimed in the Block (20102013)
0
0
TOTAL CTC
Investment & Bills
Details
April
May
June
July
August
16,033.33
16,033.33
September
October
November
December
January
February
520,143.78
March
Total
Fixed Pay
Basic
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
192,400.00
Flexible Benefit Plan (FBP)
HRA
Special Allowances
Conveyance
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
96,200.00
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
151,766.67
800.00
800.00
800.00
800.00
900.00
1,000.00
600.00
700.00
800.00
800.00
800.00
800.00
9,600.00
Medical Reimbursement
.00
.00
.00
.00
.00
7,000.00
.00
4,000.00
.00
4,000.00
.00
.00
15,000.00
LTA
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
16,033.33
Food Coupons\Periodical Journals
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Telephone Reimbursements
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Transport Allowance
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Child Education
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Car Reimbursement
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Internet Expense
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Driver Salary
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
464,966.67
37,497.22
37,497.22
37,497.22
37,497.22
37,597.22
44,697.22
37,297.22
41,397.22
37,497.22
41,497.22
37,497.22
37,497.22
481,000.00
Arrears
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Leave Encashment
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Performance Incentive
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
HRA Exemption
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Child Education Allowance
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Medical Reimbursement
15,000.00
.00
.00
.00
.00
.00
7,000.00
.00
4,000.00
.00
4,000.00
.00
.00
15,000.00
Conveyance Allowance
TOTAL SALARY
Less : Exemptions
.00
9,600.00
800.00
800.00
800.00
800.00
900.00
1,000.00
600.00
700.00
800.00
800.00
800.00
800.00
9,600.00
Transport Allowance
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
LTA
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Food Coupons
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Page 10
Salary Sheet
Telephone Reimbursement
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Car Expenses Reimbursement
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Internet Expense
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Driver Salary
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Other Reimbursement
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Income from Rent
.00
Gross Taxable Salary
24,600.00
456,400.00
Loss from House Property (interest component)
.00
Any other Income
.00
Deductions under chapter VIA
.00
80C + 80CCC(Pension Fund):
LIC Premium
.00
Employee's contribution to PF
23,088.00
Employee's ESIC contribution
8,417.50
PPF
.00
ELSS
.00
Others
.00
Tution Fees paid
.00
Housing Loan Principal repayment
.00
Infrastructure Bonds
.00
Fixed Deposit for 5 yrs. or more
.00
Others
.00
Total of Section 80C
Pension Fund (80 CCC)
Total Deduction under Section 80C & 80CCC
31,505.50
80D (Medical insurance premium, Self/Family)
.00
.00
80D (Medical insurance premium, Parents)
.00
.00
80E (Interest on Loan for Higher Education)
.00
.00
80U (Handicapped person)
.00
.00
80G (100 % deductions)
.00
.00
80G (50 % deductions)
.00
.00
Total Exemptions
.00
Net Taxable Salary
424,894.50
Other Additionals
Employer's PF Contribution
7,061.08
Page 11
Salary Sheet
Employer's ESIC Contribution
Gratuity
22,847.50
9,235.20
Total CTC
520,143.78
Tax on Total Income
38,978.90
Surcharge
0.00
Tax Payable
38,978.90
Education Cess @ 3%
1,169.37
TDS
20,000.00
Net Tax Payable
20,148.27
Monthly Deductions from salary
April
May
June
July
August
September
October
November
December
January
February
TDS
March
20,000.00
Professional Tax
Employee's PF Contribution
Employee's ESIC contribution
200.00
200.00
200.00
200.00
200.00
200.00
200.00
200.00
200.00
200.00
200.00
2,400.00
1,924.00
1,924.00
1,924.00
1,924.00
1,924.00
1,924.00
1,924.00
1,924.00
1,924.00
1,924.00
1,924.00
1,924.00
23,088.00
656.20
656.20
656.20
656.20
657.95
782.20
652.70
724.45
656.20
726.20
656.20
656.20
8,136.92
Others deductions (transport etc.)
Take Home Salary
.00
34,717.02
Enter values in only
20,000.00
200.00
34,717.02
34,717.02
34,717.02
34,815.27
Colored cells
Page 12
41,791.02
34,520.52
38,548.77
34,717.02
38,647.02
34,717.02
14,717.02
411,341.75
Income Tax
TAX RATES
Tax rates for the AY 2010 - 11 for Individual (Men)
Income From
0.00
160,001.00
300,001.00
500,000.00
Income of a men
424,894.50
Income Up-to
160,000.00
300,000.00
500,000.00
Rate of tax
0
10%
20%
30%
Tax rates for the AY 2010 - 11 for Individual (Women)
Level
Level 1
Level 2
Level 3
Level 4
Tax
Level of Income
38,978.90
Level 3
Income From
0.00
190,001.00
300,001.00
500,000.00
Income of a women
Tax
0.00 No Tax
Tax rates for the AY 2010 - 11 for Individual (Senior Citizens)
Income From
Income Up-to
Rate of tax
Level
0.00
240,000.00
0
Level 1
240,001.00
300,000.00
10%
Level 2
300,001.00
500,000.00
20%
Level 3
500,000.00
30%
Level 4
Income of a Seniors
Tax
0.00 No Tax
Income Up-to
190,000.00
300,000.00
500,000.00
Level of Income
Level 1
Page 13
Rate of tax
0
10%
20%
30%
Level of Income
Level 1
Level
Level 1
Level 2
Level 3
Level 4
Salary Slip (Monthly)
COMPANY NAME
ADDRESS
Salary slip for the month of : February
Designation
: Software Trainee 26
EMPLOYEE REF NUMBER : 0026
DATE OF JOINING
: Jan 27, 2010
NAME
: Z
PF NO.
: PF/026
DAYS PAID
: 30
E.S.I. NO.
: ESIC/026
EARNINGS
AMOUNT RS.
DEDUCTIONS
AMOUNT RS.
Fixed Pay
BASIC
16,033.33 INR PROVIDENT FUND
1,924.00 INR
FBP
HRA
SPECIAL ALW.
CONVEYANCE ALW.
8,016.67 INR ESIC
656.20 INR
12,647.22 INR PROFESSIONAL TAX
200.00 INR
800.00 INR TDS
EDUCATION ALW.
0.00 INR SALARY ADV.
0.00 INR
MEDICAL ALW.
0.00 INR MOBILE DEDU.
0.00 INR
MOBILE ALW.
0.00 INR OTHER DEDU.
0.00 INR
LTA
0.00 INR
TOTAL EARNINGS RS.
37,497.22 INR TOTAL DEDUCTIONS RS.
2,780.20 INR
NET PAY :
Page 14
34,717.02 INR
Summary Sheet (Annually)
Company Name
Salary Statement
Name of the Employee
:
Employee ID
:
Designation
:
Salary Breakup
April'10
May'10
June'10
July'10
August'10
September'10
Basic
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
HRA
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
800.00
800.00
800.00
800.00
900.00
1,000.00
Performance Incentive
0.00
0.00
0.00
0.00
0.00
0.00
Medical Reimbursement
0.00
0.00
0.00
0.00
0.00
7,000.00
LTA
0.00
0.00
0.00
0.00
0.00
0.00
Food Coupons\Periodical Journals
0.00
0.00
0.00
0.00
0.00
0.00
Telephone Reimbursements
0.00
0.00
0.00
0.00
0.00
0.00
Car Reimbursement
0.00
0.00
0.00
0.00
0.00
0.00
Internet Expense
0.00
0.00
0.00
0.00
0.00
0.00
Driver Salary
0.00
0.00
0.00
0.00
0.00
0.00
37,497.22
37,497.22
37,497.22
37,497.22
37,597.22
44,697.22
Special Allowance
Conveyance
Total Salary
Page 15
Summary Sheet (Annually)
any Name
Statement
Date of Joining:
Band:
Date:
October'10
November'10
December'10
January'11
February'11
April 26, 2015, 12:27 PM
March'11
Total
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
192,400.00
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
96,200.00
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
151,766.67
600.00
700.00
800.00
800.00
800.00
800.00
9,600.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
4,000.00
0.00
4,000.00
0.00
0.00
15,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
37,297.22
41,397.22
37,497.22
41,497.22
37,497.22
37,497.22
464,966.67
Page 16
Company Name
Address
Employee Database for the Year 2010 – 11
Employee Ref No:
Employee Name
Department
Designation
Type of Employment
Date of Joining
0001
A
DEPT 1
Software Trainee 1
Permanent
Jan 2, 10
0002
B
DEPT 2
Software Trainee 2
Permanent
Jan 3, 10
0003
C
DEPT 3
Software Trainee 3
Permanent
Jan 4, 10
0004
D
DEPT 4
Software Trainee 4
Permanent
Jan 5, 10
0005
E
DEPT 5
Software Trainee 5
Permanent
Jan 6, 10
0006
F
DEPT 6
Software Trainee 6
Permanent
Jan 7, 10
0007
G
DEPT 7
Software Trainee 7
Permanent
Jan 8, 10
0008
H
DEPT 8
Software Trainee 8
Permanent
Jan 9, 10
0009
I
DEPT 9
Software Trainee 9
Permanent
Jan 10, 10
0010
J
DEPT 10
Software Trainee 10
Permanent
Jan 11, 10
0011
K
DEPT 11
Software Trainee 11
Permanent
Jan 12, 10
0012
L
DEPT 12
Software Trainee 12
Permanent
Jan 13, 10
0013
M
DEPT 13
Software Trainee 13
Permanent
Jan 14, 10
0014
N
DEPT 14
Software Trainee 14
Permanent
Jan 15, 10
0015
O
DEPT 15
Software Trainee 15
Permanent
Jan 16, 10
Page 1
Employee Database
0016
P
DEPT 16
Software Trainee 16
Permanent
Jan 17, 10
0017
Q
DEPT 17
Software Trainee 17
Permanent
Jan 18, 10
0018
R
DEPT 18
Software Trainee 18
Permanent
Jan 19, 10
0019
S
DEPT 19
Software Trainee 19
Permanent
Jan 20, 10
0020
T
DEPT 20
Software Trainee 20
Permanent
Jan 21, 10
0021
U
DEPT 21
Software Trainee 21
Permanent
Jan 22, 10
0022
V
DEPT 22
Software Trainee 22
Permanent
Jan 23, 10
0023
W
DEPT 23
Software Trainee 23
Permanent
Jan 24, 10
0024
X
DEPT 24
Software Trainee 24
Permanent
Jan 25, 10
0025
Y
DEPT 25
Software Trainee 25
Permanent
Jan 26, 10
0026
Z
DEPT 26
Software Trainee 26
Permanent
Jan 27, 10
Page 2
Employee Database
0 – 11
PF A/c
ESIC A/c
PF/001
ESIC/001
PF/002
ESIC/002
PF/003
ESIC/003
PF/004
ESIC/004
PF/005
ESIC/005
PF/006
ESIC/006
PF/007
ESIC/007
PF/008
ESIC/008
PF/009
ESIC/009
PF/010
ESIC/010
PF/011
ESIC/011
PF/012
ESIC/012
PF/013
ESIC/013
PF/014
ESIC/014
PF/015
ESIC/015
Grade
Band
Page 3
Employee Database
PF/016
ESIC/016
PF/017
ESIC/017
PF/018
ESIC/018
PF/019
ESIC/019
PF/020
ESIC/020
PF/021
ESIC/021
PF/022
ESIC/022
PF/023
ESIC/023
PF/024
ESIC/024
PF/025
ESIC/025
PF/026
ESIC/026
Page 4
Attendance
Company Name
Address
Employee Database for the Year 2010 – 11
ATTENDANCE FOR THE MONTH OF
Employee Ref No:
Employee Name
Total Days Payable
0001
A
31
0002
B
31
0003
C
31
0004
D
31
0005
E
31
0006
F
31
0007
G
28
0008
H
31
0009
I
31
0010
J
31
0011
K
31
0012
L
30
0013
M
31
Page 5
Attendance
0014
N
31
0015
O
31
0016
P
25
0017
Q
31
0018
R
31
0019
S
31
0020
T
31
0021
U
31
0022
V
31
0023
W
26
0024
X
27
0025
Y
28
0026
Z
30
Page 6
Salary Structure
Company Name
Address
Employee Name:
Designation:
Band:
Reporting Manager:
Date of joining:
Gender(Male-1,Female-2)
Place of Residence(For Metro cities0,For Non Metro cities-1)
Age
Number of children
1
1
26
0
Salary Structure
Percentage / Amount
481,000.00
Gross Emoluments:
Fixed Pay
Basic
Flexible Benefit Plan (FBP)
HRA
Medical
Conveyance
LTA
Food Coupons\Periodical Journals
Telephone Reimbursements
Transport Allowance
Child Education
Car Reimbursement
Internet Expense
Driver Salary
Enter values in only
192,400.00
40.00%
(In Percentage on Gross)
217,000.20
50.00%
15,000.00
9,600.00
40.00%
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(In Percentage on Basic)
(In Percentage on Gross)
Total CTC
Colored cells
Page 7
520,143.78
Salary Structure
Salary Break Up
Professional Ta
Basic Salary
(40% on Gross)
1) Salary/wage up-to Rs.5000
HRA
(40% of Basic)
2) Salary/Wage from 5001 to 599
Conveyances
- 9,600 Per annum
3) Salary/Wage from 6000 to 999
Medical
- 15,000 Per annum
4) Salary/Wage from 10,000 to 1
Others/Special Allowances
- Remaining part of FBP/Gross
5) Salary/Wage from 15,000 to 1
Employer's Contribution-
6) Salary/Wage from 20000 & ab
PF
- 13.61% on basic (Pension Fund -8.33%+EPF
3.67%+Admin Charges(1.01% +0.5%))
HRA Exemptio
ESIC
- (4.75% on Gross)
Employee's ContributionPF
ESIC
- (12% on Basic )
- (1.75% on Gross
*Gratuity (Eligibility for Gratuity: 5 years of Service )
*Superannuation's (Eligibility for Superannuation: 10 years of Service )
Actual Rent paid Minus 10 per cen
(Basic)
If you live in metropolitan (Delhi,
Chennai, Bombay and Calcutta), 5
Basic and DA .
However, if you live in any other cit
40% of Basic + DA.
Actual HRA allowance in the salary
Package
Gratuity = Last drawn Basic salary * 15/26 * No:of years of Service
Page 8
Salary Structure
Professional Tax
1) Salary/wage up-to Rs.5000
No Tax
2) Salary/Wage from 5001 to 5999
60.00
3) Salary/Wage from 6000 to 9999
80.00
4) Salary/Wage from 10,000 to 14,999
100.00
5) Salary/Wage from 15,000 to 19,999
150.00
6) Salary/Wage from 20000 & above
200.00
HRA Exemption
Annually
Actual Rent paid Minus 10 per cent of
(Basic)
.00
If you live in metropolitan (Delhi,
Chennai, Bombay and Calcutta), 50% of
Basic and DA .
However, if you live in any other city, it is
40% of Basic + DA.
76,960.00
Actual HRA allowance in the salary
Package
96,200.00
Page 9
Salary Sheet
Company Name
Address
Tax Calculator F.Y. 2010-11
481,000.00
Gross Salary Per Annum
HRA Exemption
Gender(Male-1,Female-2)
1
Place of Residence(For Metro cities-0,For Non Metro
cities-1)
1
Age
26
Number of children
0
Salary Breakup
0.40
No: of times LTA claimed in the Block (20102013)
0
0
TOTAL CTC
Investment & Bills
Details
April
May
June
July
August
16,033.33
16,033.33
September
October
November
December
January
February
520,143.78
March
Total
Fixed Pay
Basic
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
192,400.00
Flexible Benefit Plan (FBP)
HRA
Special Allowances
Conveyance
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
96,200.00
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
151,766.67
800.00
800.00
800.00
800.00
900.00
1,000.00
600.00
700.00
800.00
800.00
800.00
800.00
9,600.00
Medical Reimbursement
.00
.00
.00
.00
.00
7,000.00
.00
4,000.00
.00
4,000.00
.00
.00
15,000.00
LTA
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
16,033.33
Food Coupons\Periodical Journals
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Telephone Reimbursements
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Transport Allowance
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Child Education
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Car Reimbursement
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Internet Expense
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Driver Salary
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
464,966.67
37,497.22
37,497.22
37,497.22
37,497.22
37,597.22
44,697.22
37,297.22
41,397.22
37,497.22
41,497.22
37,497.22
37,497.22
481,000.00
Arrears
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Leave Encashment
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Performance Incentive
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
HRA Exemption
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Child Education Allowance
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Medical Reimbursement
15,000.00
.00
.00
.00
.00
.00
7,000.00
.00
4,000.00
.00
4,000.00
.00
.00
15,000.00
Conveyance Allowance
TOTAL SALARY
Less : Exemptions
.00
9,600.00
800.00
800.00
800.00
800.00
900.00
1,000.00
600.00
700.00
800.00
800.00
800.00
800.00
9,600.00
Transport Allowance
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
LTA
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Food Coupons
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Page 10
Salary Sheet
Telephone Reimbursement
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Car Expenses Reimbursement
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Internet Expense
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Driver Salary
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Other Reimbursement
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
.00
Income from Rent
.00
Gross Taxable Salary
24,600.00
456,400.00
Loss from House Property (interest component)
.00
Any other Income
.00
Deductions under chapter VIA
.00
80C + 80CCC(Pension Fund):
LIC Premium
.00
Employee's contribution to PF
23,088.00
Employee's ESIC contribution
8,417.50
PPF
.00
ELSS
.00
Others
.00
Tution Fees paid
.00
Housing Loan Principal repayment
.00
Infrastructure Bonds
.00
Fixed Deposit for 5 yrs. or more
.00
Others
.00
Total of Section 80C
Pension Fund (80 CCC)
Total Deduction under Section 80C & 80CCC
31,505.50
80D (Medical insurance premium, Self/Family)
.00
.00
80D (Medical insurance premium, Parents)
.00
.00
80E (Interest on Loan for Higher Education)
.00
.00
80U (Handicapped person)
.00
.00
80G (100 % deductions)
.00
.00
80G (50 % deductions)
.00
.00
Total Exemptions
.00
Net Taxable Salary
424,894.50
Other Additionals
Employer's PF Contribution
7,061.08
Page 11
Salary Sheet
Employer's ESIC Contribution
Gratuity
22,847.50
9,235.20
Total CTC
520,143.78
Tax on Total Income
38,978.90
Surcharge
0.00
Tax Payable
38,978.90
Education Cess @ 3%
1,169.37
TDS
20,000.00
Net Tax Payable
20,148.27
Monthly Deductions from salary
April
May
June
July
August
September
October
November
December
January
February
TDS
March
20,000.00
Professional Tax
Employee's PF Contribution
Employee's ESIC contribution
200.00
200.00
200.00
200.00
200.00
200.00
200.00
200.00
200.00
200.00
200.00
2,400.00
1,924.00
1,924.00
1,924.00
1,924.00
1,924.00
1,924.00
1,924.00
1,924.00
1,924.00
1,924.00
1,924.00
1,924.00
23,088.00
656.20
656.20
656.20
656.20
657.95
782.20
652.70
724.45
656.20
726.20
656.20
656.20
8,136.92
Others deductions (transport etc.)
Take Home Salary
.00
34,717.02
Enter values in only
20,000.00
200.00
34,717.02
34,717.02
34,717.02
34,815.27
Colored cells
Page 12
41,791.02
34,520.52
38,548.77
34,717.02
38,647.02
34,717.02
14,717.02
411,341.75
Income Tax
TAX RATES
Tax rates for the AY 2010 - 11 for Individual (Men)
Income From
0.00
160,001.00
300,001.00
500,000.00
Income of a men
424,894.50
Income Up-to
160,000.00
300,000.00
500,000.00
Rate of tax
0
10%
20%
30%
Tax rates for the AY 2010 - 11 for Individual (Women)
Level
Level 1
Level 2
Level 3
Level 4
Tax
Level of Income
38,978.90
Level 3
Income From
0.00
190,001.00
300,001.00
500,000.00
Income of a women
Tax
0.00 No Tax
Tax rates for the AY 2010 - 11 for Individual (Senior Citizens)
Income From
Income Up-to
Rate of tax
Level
0.00
240,000.00
0
Level 1
240,001.00
300,000.00
10%
Level 2
300,001.00
500,000.00
20%
Level 3
500,000.00
30%
Level 4
Income of a Seniors
Tax
0.00 No Tax
Income Up-to
190,000.00
300,000.00
500,000.00
Level of Income
Level 1
Page 13
Rate of tax
0
10%
20%
30%
Level of Income
Level 1
Level
Level 1
Level 2
Level 3
Level 4
Salary Slip (Monthly)
COMPANY NAME
ADDRESS
Salary slip for the month of : February
Designation
: Software Trainee 26
EMPLOYEE REF NUMBER : 0026
DATE OF JOINING
: Jan 27, 2010
NAME
: Z
PF NO.
: PF/026
DAYS PAID
: 30
E.S.I. NO.
: ESIC/026
EARNINGS
AMOUNT RS.
DEDUCTIONS
AMOUNT RS.
Fixed Pay
BASIC
16,033.33 INR PROVIDENT FUND
1,924.00 INR
FBP
HRA
SPECIAL ALW.
CONVEYANCE ALW.
8,016.67 INR ESIC
656.20 INR
12,647.22 INR PROFESSIONAL TAX
200.00 INR
800.00 INR TDS
EDUCATION ALW.
0.00 INR SALARY ADV.
0.00 INR
MEDICAL ALW.
0.00 INR MOBILE DEDU.
0.00 INR
MOBILE ALW.
0.00 INR OTHER DEDU.
0.00 INR
LTA
0.00 INR
TOTAL EARNINGS RS.
37,497.22 INR TOTAL DEDUCTIONS RS.
2,780.20 INR
NET PAY :
Page 14
34,717.02 INR
Summary Sheet (Annually)
Company Name
Salary Statement
Name of the Employee
:
Employee ID
:
Designation
:
Salary Breakup
April'10
May'10
June'10
July'10
August'10
September'10
Basic
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
HRA
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
800.00
800.00
800.00
800.00
900.00
1,000.00
Performance Incentive
0.00
0.00
0.00
0.00
0.00
0.00
Medical Reimbursement
0.00
0.00
0.00
0.00
0.00
7,000.00
LTA
0.00
0.00
0.00
0.00
0.00
0.00
Food Coupons\Periodical Journals
0.00
0.00
0.00
0.00
0.00
0.00
Telephone Reimbursements
0.00
0.00
0.00
0.00
0.00
0.00
Car Reimbursement
0.00
0.00
0.00
0.00
0.00
0.00
Internet Expense
0.00
0.00
0.00
0.00
0.00
0.00
Driver Salary
0.00
0.00
0.00
0.00
0.00
0.00
37,497.22
37,497.22
37,497.22
37,497.22
37,597.22
44,697.22
Special Allowance
Conveyance
Total Salary
Page 15
Summary Sheet (Annually)
any Name
Statement
Date of Joining:
Band:
Date:
October'10
November'10
December'10
January'11
February'11
April 26, 2015, 12:27 PM
March'11
Total
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
16,033.33
192,400.00
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
8,016.67
96,200.00
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
12,647.22
151,766.67
600.00
700.00
800.00
800.00
800.00
800.00
9,600.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
4,000.00
0.00
4,000.00
0.00
0.00
15,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
37,297.22
41,397.22
37,497.22
41,497.22
37,497.22
37,497.22
464,966.67
Page 16
