N
Skillful
Salary statement · June 2026
Finalized
Issued 08 Sep 2026
- Employee
- Karthik Rao
- Employee code
- NL-008
- Designation
- Associate Engineer
- Department
- Engineering
- Joined
- 08 Oct 2025
- Paid days
- 22 of 22
- Basic
- ₹45,834
- House rent allowance
- ₹18,334
- Conveyance and special allowance
- ₹19,794
- Gross earned
- ₹83,962
- Provident fund (12% of basic)
- ₹5,500
- Professional tax (Maharashtra)
- ₹200
- TDS (income tax deducted at source)
- ₹0
- Total deductions
- ₹5,700
Net pay
Full month paid
₹78,262
Employer contributions
Part of cost to company, not of net pay
- Provident fund (12% of basic)
- ₹5,500
- Gratuity (4.81% of basic)
- ₹2,205
- Cost to company this month
- ₹91,667
How the TDS was worked out
New regime · projected over 12 months
- Projected annual grossmonthly gross × 12
- ₹10,07,544
- Less standard deduction
- − ₹75,000
- Taxable income
- ₹9,32,544
| 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% | ₹1,32,544 | ₹13,254 |
- Tax on income
- ₹33,254
- Less section 87A rebatetaxable income up to ₹12,00,000
- − ₹33,254
- Health and education cess (4%)
- + ₹0
- Annual tax payable
- ₹0
- Monthly TDSannual tax ÷ 12
- ₹0
Demo payslip. PF, ESIC, professional tax and TDS are illustrative figures and are not a statutory-compliant calculation.