Source: http://hr.rajivchawla.

com

Particulars

Annual

Monthly

%age

Basic

852612

71051

61%

HRA

426306

35526

30%

CA

9600

800

1%

MR

15000

1250

1%

SA

0%

42631

3553

3%

1346149

112179

96%

3500

292

0%

40991

3416

3%

9360

780

1%

0%

Sub-Total

53851

4488

4%

CTC

1400000

116667

100%

1346149

112179

102313

8526

Employee Cont to ESI

Professional Tax Deposit

Sub-Total

102313

8526

Take Home

1243836

103653

LTA
Gross Salary
Statutory Contributions:
Bonus (Annual)
Prov. for Gratuity (Annual)
PF Employer Cont
ESI

SALARY SLIP
Gross Salary as above
Deductions:
Employee Cont to PF

Tax Computation
Income from Salary

1400000

Exemptions:
House Rent Allwoance

10(13A)

Transport Allowance

10(14) - 2BB

Leave Travel Allowance

10(5)

42631

Provision for Gratuity

10(10)(i)

40991

Employer's Cont to PF

17(1)

Medical Reimbursement

17(2)(viii)(v)

Professional Tax Deposit

16(iii)

ESI Employer Contribution

274739
9600

9360
15000
0
0

Deductions under Chaper VIA

Employee Cont. to PF

80C

100000

As specified by you

80C

Med. Insurance

80D

Net Taxable Income

907679

Tax Liability

114882

Assuming rent paid 30K

p.m.

Particulars

Annual

Monthly

%age

Basic

602311

50193

60%

HRA

301156

25096

30%

CA

9600

800

1%

MR

15000

1250

2%

SA

0%

30116

2510

3%

958183

79849

96%

3500

292

0%

28957

2413

3%

9360

780

1%

0%

Sub-Total

41817

3485

4%

CTC

1000000

83333

100%

958183

79849

72277

6023

Employee Cont to ESI

Professional Tax Deposit

Sub-Total

72277

6023

Take Home

885906

73826

LTA
Gross Salary
Statutory Contributions:
Bonus (Annual)
Prov. for Gratuity (Annual)
PF Employer Cont
ESI

SALARY SLIP
Gross Salary as above
Deductions:
Employee Cont to PF

Tax Computation
Income from Salary

1000000

Exemptions:
House Rent Allwoance

10(13A)

Transport Allowance

10(14) - 2BB

Leave Travel Allowance

10(5)

30116

Provision for Gratuity

10(10)(i)

28957

Employer's Cont to PF

17(1)

Medical Reimbursement

17(2)(viii)(v)

Professional Tax Deposit

16(iii)

ESI Employer
Contribution

239769
9600

9360
15000
0
0

Deductions under
Chaper VIA
Employee Cont. to PF

80C

72277

As specified by you

80C

Med. Insurance

80D

Net Taxable Income

Tax Liability

594921
50454

Assuming rent paid 25K

p.m.