Generated on Jun 21 2023 11:53AM

AXIS BANK LTD

PAYSLIP FOR THE MONTH OF MAY - 2023

EMPLOYEE NUMBER : 266675 BANK ACCOUNT : 920010051309367 STANDARD DAYS : 31
NAME : SUNIL KUMAR PF ACCOUNT : 266675 LOP DAYS :0
DESIGNATION : DEPUTY MANAGER JOINING DATE : 30-JUN-2020 REFUND DAYS :0
POSTED LOCATION : N3619 : JANKIPURAM LUCKNOW

EARNINGS MONTHLY RATE CURRENT MONTH ARREARS TOTAL DEDUCTIONS TOTAL

BASIC 15,766.00 15,766.00 0.00 15,766.00 EMPLOYEE P F 1,892.00
HOUSE RENT ALLOWANCE 7,883.00 7,883.00 0.00 7,883.00 GROUP TERM LIFE 1,557.00
LOCATION PAY 788.00 788.00 0.00 788.00
LEAVE TRAVEL ALLOWANCE 1,667.00 1,667.00 0.00 1,667.00
SPECIAL ALLOWANCE 20,838.00 20,838.00 0.00 20,838.00
MOBILE HANDSET ALLOWANCE 1,667.00 1,667.00 0.00 1,667.00
BROADBAND INTERNET 1,000.00 1,000.00 0.00 1,000.00
STATUTORY BONUS.. 1,400.00 1,400.00 0.00 1,400.00
GROSS EARNINGS 51,009.00 GROSS DEDUCTIONS 3,449.00
NET SALARY PAYABLE 47,560.00
NET SALARY PAYABLE(IN WORDS) : FORTY SEVEN THOUSAND FIVE HUNDRED SIXTY ONLY

INCOME TAX CALCULATION FOR THE FINANCIAL YEAR 2023 - 2024

INCOME TAX CALCULATION

PARTICULARS CUMULATIVE ADD: PROJECTED ADD: CURRENT ANNUAL DETAILS OF PERQUISITES
(UP TOAPR 23) (FOR 10 MONTHS) (MAY 23) INVESTMENT DETAILS
BASIC 15,766.00 1,57,660.00 15,766.00 1,89,192.00
HOUSE RENT ALLOWANCE 7,883.00 78,830.00 7,883.00 94,596.00
SLAB WISE TAX DETAILS
LOCATION PAY 788.00 7,880.00 788.00 9,456.00
TAX
LEAVE TRAVEL ALLOWANCE 1,667.00 16,670.00 1,667.00 20,004.00
FROM AMT TO AMT RATE TAX AMT
SPECIAL ALLOWANCE 20,838.00 2,08,380.00 20,838.00 2,50,056.00
%
MOBILE HANDSET ALLOWANCE 1,667.00 16,670.00 1,667.00 20,004.00
0.00 3,00,000.00 0.00 0.00
BROADBAND INTERNET 1,000.00 10,000.00 1,000.00 12,000.00
STATUTORY BONUS.. 1,400.00 14,000.00 1,400.00 16,800.00 3,00,001.00 6,00,000.00 5.00 15,000.00
PERFORMANCE BONUS 22-23 60,500.00 0.00 0.00 60,500.00 6,00,001.00 6,22,610.00 10.00 2,261.00
TOTAL 1,11,509.00 5,10,090.00 51,009.00 6,72,608.00 Total 17,261.00
SALARY FOR THE YEAR 6,72,608.00 DETAIL OF TAX DEDUCTED TILL CURRENT MONTH
ADD : INCOME RECEIVED FROM PREVIOUS EMPLOYER SALARY 0.00 ELEMENT
TAX AMT
GROSS INCOME 6,72,608.00 DESCRIPTION
LESS : STANDARD DEDUCTION 50,000.00
ADD : OTHER TAXABLE INCOME REPORTED BY THE EMPLOYEE 0.00
GROSS TAXABLE INCOME 6,22,608.00
Less: Deductions U/s 80CCD(1b), 80CCD(2) 0.00
INCOME CHARGEABLE TO TAX (ROUNDED OFF) 6,22,610.00
INCOME TAX DEDUCTION
INCOME TAX PAYABLE 17,261.00
LESS : REBATE UNDER SECTION 87A 17,261.00
TOTAL INCOME TAX PAYABLE 0.00
MARGINAL TAX TO BE RECOVERED FOR THIS MONTH 0.00
LESS TAX DEDUCTED AT SOURCE TILL CURRENT MONTH 0.00
REMAINING TAX PAYABLE/REFUNDABLE 0.00
TAX PAYABLE/REFUNDABLE PER MONTH 0.00