N
Skillful
Salary statement · July 2026
Finalized
Issued 08 Sep 2026
- Employee
- Ananya Reddy
- Employee code
- NL-005
- Designation
- Senior Software Engineer
- Department
- Engineering
- Joined
- 08 Mar 2024
- Paid days
- 22 of 23
- Basic
- ₹95,652
- House rent allowance
- ₹38,261
- Conveyance and special allowance
- ₹41,312
- Gross earned
- ₹1,75,225
- Provident fund (12% of basic)
- ₹11,478
- Professional tax (Telangana)
- ₹200
- TDS (income tax deducted at source)
- ₹20,004
- Total deductions
- ₹31,682
Net pay
After 1 day loss of pay
₹1,43,543
Employer contributions
Part of cost to company, not of net pay
- Provident fund (12% of basic)
- ₹11,478
- Gratuity (4.81% of basic)
- ₹4,601
- Cost to company this month
- ₹1,91,304
How the TDS was worked out
New regime · projected over 12 months
- Projected annual grossmonthly gross × 12
- ₹21,98,280
- Less standard deduction
- − ₹75,000
- Taxable income
- ₹21,23,280
| Slab | Rate | Income in slab | Tax |
|---|---|---|---|
| Up to ₹4L | 0% | ₹4,00,000 | ₹0 |
| ₹4L – ₹8L | 5% | ₹4,00,000 | ₹20,000 |
| ₹8L – ₹12L | 10% | ₹4,00,000 | ₹40,000 |
| ₹12L – ₹16L | 15% | ₹4,00,000 | ₹60,000 |
| ₹16L – ₹20L | 20% | ₹4,00,000 | ₹80,000 |
| ₹20L – ₹24L | 25% | ₹1,23,280 | ₹30,820 |
- Tax on income
- ₹2,30,820
- Health and education cess (4%)
- + ₹9,233
- Annual tax payable
- ₹2,40,053
- Monthly TDSannual tax ÷ 12
- ₹20,004
Demo payslip. PF, ESIC, professional tax and TDS are illustrative figures and are not a statutory-compliant calculation.