N
Skillful
Salary statement · August 2026
Draft
Issued 08 Sep 2026
- Employee
- Sameer Gupta
- Employee code
- NL-014
- Designation
- HR Business Partner
- Department
- People & Finance
- Joined
- 08 Feb 2025
- Paid days
- 21 of 21
- Basic
- ₹62,500
- House rent allowance
- ₹25,000
- Conveyance and special allowance
- ₹26,994
- Gross earned
- ₹1,14,494
- Provident fund (12% of basic)
- ₹7,500
- Professional tax (Maharashtra)
- ₹200
- TDS (income tax deducted at source)
- ₹6,486
- Total deductions
- ₹14,186
Net pay
Full month paid
₹1,00,308
Employer contributions
Part of cost to company, not of net pay
- Provident fund (12% of basic)
- ₹7,500
- Gratuity (4.81% of basic)
- ₹3,006
- Cost to company this month
- ₹1,25,000
How the TDS was worked out
New regime · projected over 12 months
- Projected annual grossmonthly gross × 12
- ₹13,73,928
- Less standard deduction
- − ₹75,000
- Taxable income
- ₹12,98,928
| 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% | ₹98,928 | ₹14,839 |
- Tax on income
- ₹74,839
- Health and education cess (4%)
- + ₹2,994
- Annual tax payable
- ₹77,833
- Monthly TDSannual tax ÷ 12
- ₹6,486
Demo payslip. PF, ESIC, professional tax and TDS are illustrative figures and are not a statutory-compliant calculation.