N
Skillful
Salary statement · July 2026
Finalized
Issued 08 Sep 2026
- Employee
- Ishita Malhotra
- Employee code
- NL-021
- Designation
- Account Executive
- Department
- Sales & Marketing
- Joined
- 08 Apr 2024
- Paid days
- 23 of 23
- Basic
- ₹64,584
- House rent allowance
- ₹25,834
- Conveyance and special allowance
- ₹27,893
- Gross earned
- ₹1,18,311
- Provident fund (12% of basic)
- ₹7,750
- Professional tax (Telangana)
- ₹200
- TDS (income tax deducted at source)
- ₹7,082
- Total deductions
- ₹15,032
Net pay
Full month paid
₹1,03,279
Employer contributions
Part of cost to company, not of net pay
- Provident fund (12% of basic)
- ₹7,750
- Gratuity (4.81% of basic)
- ₹3,106
- Cost to company this month
- ₹1,29,167
How the TDS was worked out
New regime · projected over 12 months
- Projected annual grossmonthly gross × 12
- ₹14,19,732
- Less standard deduction
- − ₹75,000
- Taxable income
- ₹13,44,732
| 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% | ₹1,44,732 | ₹21,710 |
- Tax on income
- ₹81,710
- Health and education cess (4%)
- + ₹3,268
- Annual tax payable
- ₹84,978
- Monthly TDSannual tax ÷ 12
- ₹7,082
Demo payslip. PF, ESIC, professional tax and TDS are illustrative figures and are not a statutory-compliant calculation.