SSkillful
DU
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Skillful

Salary statement · June 2026

Finalized

Issued 08 Sep 2026

Employee
Rohit Khanna
Employee code
NL-004
Designation
Sales Manager
Department
Sales & Marketing
Joined
08 Sep 2023
Paid days
22 of 22
Earnings
Basic
₹1,08,334
House rent allowance
₹43,334
Conveyance and special allowance
₹46,788
Gross earned
₹1,98,456
Deductions
Provident fund (12% of basic)
₹13,000
Professional tax (Delhi)
₹0
TDS (income tax deducted at source)
₹23,974
Total deductions
₹36,974
Net pay

Full month paid

₹1,61,482

Employer contributions

Part of cost to company, not of net pay

Provident fund (12% of basic)
₹13,000
Gratuity (4.81% of basic)
₹5,211
Cost to company this month
₹2,16,667
How the TDS was worked out

New regime · projected over 12 months

Projected annual grossmonthly gross × 12
₹23,81,472
Less standard deduction
− ₹75,000
Taxable income
₹23,06,472
SlabRateIncome in slabTax
Up to ₹4L0%₹4,00,000₹0
₹4L – ₹8L5%₹4,00,000₹20,000
₹8L – ₹12L10%₹4,00,000₹40,000
₹12L – ₹16L15%₹4,00,000₹60,000
₹16L – ₹20L20%₹4,00,000₹80,000
₹20L – ₹24L25%₹3,06,472₹76,618
Tax on income
₹2,76,618
Health and education cess (4%)
+ ₹11,065
Annual tax payable
₹2,87,683
Monthly TDSannual tax ÷ 12
₹23,974

Demo payslip. PF, ESIC, professional tax and TDS are illustrative figures and are not a statutory-compliant calculation.