N
Skillful
Salary statement · June 2026
Finalized
Issued 08 Sep 2026
- Employee
- Imran Shaikh
- Employee code
- NL-012
- Designation
- Account Executive
- Department
- Sales & Marketing
- Joined
- 08 Aug 2024
- Paid days
- 22 of 22
- Basic
- ₹66,667
- House rent allowance
- ₹26,667
- Conveyance and special allowance
- ₹28,792
- Gross earned
- ₹1,22,126
- Provident fund (12% of basic)
- ₹8,000
- Professional tax (Telangana)
- ₹200
- TDS (income tax deducted at source)
- ₹7,677
- Total deductions
- ₹15,877
Net pay
Full month paid
₹1,06,249
Employer contributions
Part of cost to company, not of net pay
- Provident fund (12% of basic)
- ₹8,000
- Gratuity (4.81% of basic)
- ₹3,207
- Cost to company this month
- ₹1,33,333
How the TDS was worked out
New regime · projected over 12 months
- Projected annual grossmonthly gross × 12
- ₹14,65,512
- Less standard deduction
- − ₹75,000
- Taxable income
- ₹13,90,512
| 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% | ₹1,90,512 | ₹28,577 |
- Tax on income
- ₹88,577
- Health and education cess (4%)
- + ₹3,543
- Annual tax payable
- ₹92,120
- Monthly TDSannual tax ÷ 12
- ₹7,677
Demo payslip. PF, ESIC, professional tax and TDS are illustrative figures and are not a statutory-compliant calculation.