N
Skillful
Salary statement · July 2026
Finalized
Issued 08 Sep 2026
- Employee
- Divya Pillai
- Employee code
- NL-013
- Designation
- Account Executive
- Department
- Sales & Marketing
- Joined
- 08 May 2025
- Paid days
- 22 of 23
- Basic
- ₹57,790
- House rent allowance
- ₹23,116
- Conveyance and special allowance
- ₹24,959
- Gross earned
- ₹1,05,865
- Provident fund (12% of basic)
- ₹6,935
- Professional tax (Maharashtra)
- ₹200
- TDS (income tax deducted at source)
- ₹4,604
- Total deductions
- ₹11,739
Net pay
After 1 day loss of pay
₹94,126
Employer contributions
Part of cost to company, not of net pay
- Provident fund (12% of basic)
- ₹6,935
- Gratuity (4.81% of basic)
- ₹2,780
- Cost to company this month
- ₹1,15,580
How the TDS was worked out
New regime · projected over 12 months
- Projected annual grossmonthly gross × 12
- ₹13,28,124
- Less standard deduction
- − ₹75,000
- Taxable income
- ₹12,53,124
| 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% | ₹53,124 | ₹7,969 |
- Tax on income
- ₹67,969
- Less marginal reliefcaps the tax at the income over the rebate ceiling
- − ₹14,845
- Health and education cess (4%)
- + ₹2,125
- Annual tax payable
- ₹55,249
- Monthly TDSannual tax ÷ 12
- ₹4,604
Demo payslip. PF, ESIC, professional tax and TDS are illustrative figures and are not a statutory-compliant calculation.