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DU
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Skillful

Salary statement · August 2026

Draft

Issued 08 Sep 2026

Employee
Aditya Bose
Employee code
NL-010
Designation
Product Designer
Department
Product & Design
Joined
08 Jan 2025
Paid days
21 of 21
Earnings
Basic
₹68,750
House rent allowance
₹27,500
Conveyance and special allowance
₹29,693
Gross earned
₹1,25,943
Deductions
Provident fund (12% of basic)
₹8,250
Professional tax (Maharashtra)
₹200
TDS (income tax deducted at source)
₹8,272
Total deductions
₹16,722
Net pay

Full month paid

₹1,09,221

Employer contributions

Part of cost to company, not of net pay

Provident fund (12% of basic)
₹8,250
Gratuity (4.81% of basic)
₹3,307
Cost to company this month
₹1,37,500
How the TDS was worked out

New regime · projected over 12 months

Projected annual grossmonthly gross × 12
₹15,11,316
Less standard deduction
− ₹75,000
Taxable income
₹14,36,316
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%₹2,36,316₹35,447
Tax on income
₹95,447
Health and education cess (4%)
+ ₹3,818
Annual tax payable
₹99,265
Monthly TDSannual tax ÷ 12
₹8,272

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