Vav International School
Dhali Road,Udumalpet, Tamil Nadu - 642126
PaySlip for the month of June 2024
Emp Code F13457 Month Day 30.00 Location Udumalpet
Name Anirban Datta LOP 0.00 Payment Mode Union Bank Ltd
Designation Lecturer Bank A/c No. 019322010001669
Department Engineering LOPR 0.00
PAN DIJPD0790L
Role Faculty Payable Days 30.00 PF No.
DOJ 22/12/2022 PFUAN.
Earnings Deductions
Description Rate Monthly Arrear Total Description Amount
Basic Salary 57,483 57,483 57,483 Sincerity Fund 11,220
HRA 28,742 28,742 28,742 Prof. Tax 208
Special Allow 25,976 25,976 25,976 Income Tax 7,817
LWF 20
Gross Pay 112,201 112,201 Gross Deduction 19,265
Net Pay 92936
Income Tax Worksheet for the Period April 2024 - March 2025
Description Gross Exempt Taxable Deduction Under Chapter VI-A
Basic Salary 689,796 689,796 Investments u/s 80C
HRA 344,904 30,620 314,284 PPF 97,000
Special Allow 311,712 311,712 L I P 52,800
Variable Pay 41,532 41,532
Tax Deducted Details
Month Amount
April 2024 7,817.00
May 2024 16,455.00
June 2024 7,817.00
Total 32,089.00
Gross Salary 1,387,944 30,620 1,357,324 Total of Investment u/s 80C 149,800
Deduction U/S 80C 149,800
Previous Employer Professional Tax 0.00 U/S 80D 25,000
Professional Tax 2,499 U/S 80DPS 50,000
Standard Deduction 50,000.00 80EEA 150,000
Under Chapter VI-A 374,800
Any Other Income 0.00
Taxable Income 930,025
Total Tax 98,505
Tax Rebate
Surcharge
Tax Due 98,505
Educational Cess 3,940
Net Tax 102,445
Tax Deducted (Previous Employer)
Tax Deducted Till Date 24,272
Tax to be Deducted 78,173 Total of Ded Under Chapter VI-A 374,800
Tax / Month 7,817
Tax on Non-Recurring Earnings Interest on Housing Loan
Tax Deduction for this month 7,817
HRA Calculation
From To Rent Paid Actual HRA 40/50% of Basic Rent - 10% of Basic Exempt HRA
01/04/2024 31/03/2025 99,600 344,904 275,918 30,620 30,620
Total 99,600 344,904 275,918 30,620 30,620
