N
Skillful
Salary statement · August 2026
Draft
Issued 08 Sep 2026
- Employee
- Meera Joshi
- Employee code
- NL-009
- Designation
- Senior Software Engineer
- Department
- Engineering
- Joined
- 08 Jun 2024
- Paid days
- 21 of 21
- Basic
- ₹97,917
- House rent allowance
- ₹39,167
- Conveyance and special allowance
- ₹42,289
- Gross earned
- ₹1,79,373
- Provident fund (12% of basic)
- ₹11,750
- Professional tax (Telangana)
- ₹200
- TDS (income tax deducted at source)
- ₹19,012
- Total deductions
- ₹30,962
Net pay
Full month paid
₹1,48,411
Employer contributions
Part of cost to company, not of net pay
- Provident fund (12% of basic)
- ₹11,750
- Gratuity (4.81% of basic)
- ₹4,710
- Cost to company this month
- ₹1,95,833
How the TDS was worked out
New regime · projected over 12 months
- Projected annual grossmonthly gross × 12
- ₹21,52,476
- Less standard deduction
- − ₹75,000
- Taxable income
- ₹20,77,476
| 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% | ₹77,476 | ₹19,369 |
- Tax on income
- ₹2,19,369
- Health and education cess (4%)
- + ₹8,775
- Annual tax payable
- ₹2,28,144
- Monthly TDSannual tax ÷ 12
- ₹19,012
Demo payslip. PF, ESIC, professional tax and TDS are illustrative figures and are not a statutory-compliant calculation.