Sr. Name 500000 BASIC CON.

PF PF
250000 250000 250000 250000 IND. 1.00
1 MR.XYZ
01 Apr'17 Salary 85000.00 N 0.00
02 May'17 Salary 85000.00 N 0.00
03 Jun'17 Salary 85000.00 N 0.00
04 Jul'17 Salary 85000.00 N 0.00
05 Aug'17 Salary 85000.00 N 0.00
06 Sep'17 Salary 85000.00 N 0.00
07 Oct'17 Salary 85000.00 N 0.00
08 Nov'17 Salary 85000.00 N 0.00
09 Dec'17 Salary 85000.00 N 0.00
10 Jan'18 Salary 85000.00 N 0.00
11 Feb'18 Salary 85000.00 0.00 N 0.00
12 Mar'18 Salary 85000.00 0.00 N 0.00

0.00% 1020000.00 0.00 0.00

GROSS SALARY (a) 1020000.00 INVESTED LIMIT
LESS 01) Conveyance Allowance (b) 9600.00 0.00 0.00
02) Professional Tax (c) 2500.00 2500.00 2500.00
03) Provident Fund (d) 0.00 0.00 0.00
04) Medical Allowance (e) 15000.00 0.00 15000.00
05) Rent Allowance (f) 72000.00 0.00 0.00
06) PPF (g) 0.00
07) LIC Premium (h) 78000.00
08) Uniform Allowance (i) 0.00 15000.00
09) School Fees (j) 28000.00
10) NSC (k) 0.00
(b+c+d+e+f+g+h+i+j+k=l) 205100.00 2500.00 MR.XYZ
(a-l=m) 814900.00 FORM 16 REQUIRED
TAXABLE SALARY (n) 564900.00
TAXABLE @ 10% (o) 250000.00 12500.00
(n-o=p) 314900.00 0.00
TAXABLE @ 20% (q) 314900.00 62980.00
TAXABLE @ 30% (p-q=r) 0.00 0.00 12 11
TAX TO PAY 75480.00 6290 6862
AMT.OF TAX PAID 6290 6862
BAL. TAX PAYABLE 75480.00 6 5
12580 15096
12580 15096
 PTAX TDS ED.CESS S & HS C NET SAL.
0.75 2.00 1.00
14 PAN NO.
0.00 0.00 85000.00
0.00 0.00 85000.00
0.00 0.00 0.00 85000.00
0.00 0.00 85000.00
0.00 0.00 85000.00
0.00 0.00 85000.00
0.00 0.00 85000.00
0.00 0.00 85000.00
0.00 0.00 85000.00
0.00 0.00 85000.00
85000.00
85000.00

0.00 0.00 0.00 0.00 1020000.00

PROPOSED TAX SLAB FOR 2015-2016
0.00 MALE FEMALE RATE
0.00 1) 000000 to 250000000000 to 250000 NIL
0.00 2) 250001 to 500000250001 to 500000 5%
0.00 3) 500001 to 1000000500001 to 1000000 20%
4) Above 100000 Above 1000001 30%

= YES

10 9 8 7
7548 8387 9435 10783 to pay
7548 8387 9435 10783 bal. to pay
4 3 2 1
18870 25160 37740 75480 to pay
18870 25160 37740 75480 bal. to pay
8000