N
Skillful
Salary statement · June 2026
Finalized
Issued 08 Sep 2026
- Employee
- Vikram Nair
- Employee code
- NL-006
- Designation
- Software Engineer
- Department
- Engineering
- Joined
- 08 Nov 2024
- Paid days
- 21 of 22
- Basic
- ₹71,591
- House rent allowance
- ₹28,636
- Conveyance and special allowance
- ₹30,921
- Gross earned
- ₹1,31,148
- Provident fund (12% of basic)
- ₹8,591
- Professional tax (Telangana)
- ₹200
- TDS (income tax deducted at source)
- ₹10,058
- Total deductions
- ₹18,849
Net pay
After 1 day loss of pay
₹1,12,299
Employer contributions
Part of cost to company, not of net pay
- Provident fund (12% of basic)
- ₹8,591
- Gratuity (4.81% of basic)
- ₹3,443
- Cost to company this month
- ₹1,43,182
How the TDS was worked out
New regime · projected over 12 months
- Projected annual grossmonthly gross × 12
- ₹16,48,716
- Less standard deduction
- − ₹75,000
- Taxable income
- ₹15,73,716
| 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% | ₹3,73,716 | ₹56,057 |
- Tax on income
- ₹1,16,057
- Health and education cess (4%)
- + ₹4,642
- Annual tax payable
- ₹1,20,699
- Monthly TDSannual tax ÷ 12
- ₹10,058
Demo payslip. PF, ESIC, professional tax and TDS are illustrative figures and are not a statutory-compliant calculation.