Aakash Educational Services Limited
Aakash Tower,08 Pusa Road, New Delhi - 110005
PaySlip for the month of December 2023
Emp Code F13975 Month Day 31.00 Location NIT Faridabad
Name Akhilesh LOP 0.00 Payment Mode HDFC Bank Ltd
Designation Assistant Lecturer Bank A/c No. 50100603869110
Department Foundations LOPR 0.00 PAN BOHPA2942D
Faculty Payable Days 31.00
Role PF No.
DOJ 16/03/2023 PFUAN.
Earnings Deductions
Description Rate Monthly Arrear Total Description Amount
Basic Salary 31,875 31,875 31,875 Sincerity Fund 6,222
HRA 15,938 15,938 15,938 LWF 31
Special Allow 14,404 14,404 14,404
Gross Pay 62,217 62,217 Gross Deduction 6,253
Net Pay 55964
Income Tax Worksheet for the Period April 2023 - March 2024
Description Gross Exempt Taxable Deduction Under Chapter VI-A
Basic Salary 382,500 382,500 Investments u/s 80C
HRA 191,256 153,000 38,256 PPF 75,000
Special Allow 172,848 172,848 ELSS 75,000
Tax Deducted Details
Month Amount
April 2023 1,891.00
May 2023 0.00
June 2023 0.00
July 2023 0.00
August 2023 0.00
September 2023 0.00
October 2023 0.00
November 2023 0.00
Gross Salary 746,604 153,000 593,604 Total of Investment u/s 80C 150,000 December 2023 0.00
Deduction U/S 80C 150,000 Total 1,891.00
Previous Employer Professional Tax 0.00 80DDB (SC) 50,000
Professional Tax 80CCD(1b) 50,000
Standard Deduction 50,000.00
Under Chapter VI-A 250,000
Any Other Income 0.00
Taxable Income 293,604
Total Tax 2,180
Tax Rebate 2,180
Surcharge
Tax Due
Educational Cess 0
Net Tax 0
Tax Deducted (Previous Employer)
Tax Deducted Till Date 1,891
Tax to be Deducted -1,891 Total of Ded Under Chapter VI-A 250,000
Tax / Month
Tax on Non-Recurring Earnings Interest on Housing Loan
Tax Deduction for this month
HRA Calculation
From To Rent Paid Actual HRA 40/50% of Basic Rent - 10% of Basic Exempt HRA
01/04/2023 31/03/2024 192,000 191,256 153,000 153,750 153,000
Total 192,000 191,256 153,000 153,750 153,000