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    Salary Variance Report: Psno Employee Name

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    Akhil Mohammad
    This salary variance report compares the earnings and deductions for an employee named Shaik Mohammad Akhil between May 2019 and July 2019. It shows that his total earnings increased by Rs. 59,955 primarily due to a Rs. 50,000 performance linked reward received in July 2019. His netpay increased by Rs. 39,447 after accounting for higher income tax deductions of Rs. 20,073 in July 2019.

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    Salary Variance Report: Psno Employee Name

    Uploaded by

    Akhil Mohammad
    12 views1 page
    This salary variance report compares the earnings and deductions for an employee named Shaik Mohammad Akhil between May 2019 and July 2019. It shows that his total earnings increased by Rs. 59,955 primarily due to a Rs. 50,000 performance linked reward received in July 2019. His netpay increased by Rs. 39,447 after accounting for higher income tax deductions of Rs. 20,073 in July 2019.

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    This salary variance report compares the earnings and deductions for an employee named Shaik Mohammad Akhil between May 2019 and July 2019. It shows that his total earnings increased by Rs. 59,955 primarily due to a Rs. 50,000 performance linked reward received in July 2019. His netpay increased by Rs. 39,447 after accounting for higher income tax deductions of Rs. 20,073 in July 2019.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    12 views1 page

    Salary Variance Report: Psno Employee Name

    Uploaded by

    Akhil Mohammad
    This salary variance report compares the earnings and deductions for an employee named Shaik Mohammad Akhil between May 2019 and July 2019. It shows that his total earnings increased by Rs. 59,955 primarily due to a Rs. 50,000 performance linked reward received in July 2019. His netpay increased by Rs. 39,447 after accounting for higher income tax deductions of Rs. 20,073 in July 2019.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 1

    Salary Variance Report

    Psno : 20144292
    Employee Name : SHAIK MOHAMMAD
    AKHIL

    May-2019 Jul-2019 Difference


    Earnings
    Basic 16250.00 16900.00 650.00
    Conveyance Allowance 1600.00 0.00 -1600.00
    Education Allowance 200.00 200.00 0.00
    Flexi Balance 19165.00 30495.00 11330.00
    House Rent Allowance 4500.00 4500.00 0.00
    Medical Allow. 1425.00 0.00 -1425.00
    Performance Linked Reward 0.00 50000.00 50000.00
    Saf Allowance 2100.00 2100.00 0.00
    Total Earnings 45240.00 104195.00 58955.00
    Deductions
    Canteen Recovery 123.00 214.00 91.00
    Group Term Life Insurance Scheme 302.00 302.00 0.00
    Income Tax 756.00 20829.00 20073.00
    Medical Insurance Scheme 500.00 500.00 0.00
    Pf 1950.00 2028.00 78.00
    Professional Tax 208.00 208.00 0.00
    Relief Fund 734.00 0.00 -734.00
    Sports Club 175.00 175.00 0.00
    Total Deductions 4748.00 24256.00 19508.00
    Netpay 40492.00 79939.00 39447.00

    Executed On 23-Jul-2019 at 9:43:54 AM

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