357173_ITProjection_2017-2018_b

Please download to get full document.

View again

of 2
All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.
Categories
Published
ok
  WIPRO DIGITALIT Projection (Gross Earnings / Projected earnings) For Financial Year 2017-2018 Employee No:  357173  Designation:  PROJECT ENGINEER Emp Name :  ARDHENDU PAL  Career Band:  B1 Location:  BANGALORE  Company Code:  WT85 Gender:  MALE  PAN :  CGPPP4520H ��� PAY CODE Vs MONTHS Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar TotalE a r n i n g s BASIC 14590 14590 14590 14590 14590 14590 14590 14590 14590 14590 14590 14590  175080 HRA 7300 7300 7300 7300 7300 7300 7300 7300 7300 7300 7300 7300  87600 CONV 1600 1600 1600 1600 1600 1600 1600 1600 1600 1600 1600 1600  19200 QPLC 6270 - 0 0 0 0 0 0 0 0 0 0  6270 GRPALLW 11552 11552 11552 11552 11552 11552 11552 11552 11552 11552 11552 11552  138624 STBONUS 1400 1400 1400 1400 1400 1400 1400 1400 1400 1400 1400 1400  16800TOTAL EARNINGS 42712 36442 36442 36442 36442 36442 36442 36442 36442 36442 36442 36442 443574D e d u c t i o n s PF 1751 1751 1751 1751 1751 1751 1751 1751 1751 1751 1751 1751  21012 VPF 0 0 0 0 0 0 0 0 0 0 0 0  0 PT 200 200 200 200 200 200 200 200 200 200 200 200  2400 IT 933 610 - - - - - - - - - -  1543 LIC 0 0 0 0 0 0 0 0 0 0 0 0  0 MEDCLM 211 211 211 211 211 211 211 211 211 211 211 211  2532TOTAL DEDUCTIONS 3095 2772 2162 2162 2162 2162 2162 2162 2162 2162 2162 2162 27487 Projected Tax Liability For Financial Year 2017-20181) Gross Earnings Amount 8) Deductions Under Chapter Vl-(Sec 80c) Gross Amount Qualifying Amount Tax rebate/Relief  Gross salary Rs. 443574 PF/VPF/FPF Rs. 21012 Rs. 21012 Rs. 21012Perq. Co accom Rs. 0 LIC Pension Rs. 0 Rs. 0 Rs. 0Perq. Vehicle Rs. 0 TATAAIG Pension Rs. 0 Rs. 0 Rs. 0Perq. F&E Rs. 0 Inv. In Infrastructure Comp. Rs. 0 Rs. 0 Rs. 0Perq. Transfer of Asset (F&E) Rs. 0 Insurance Premium Rs. 0 Rs. 0 Rs. 0Perq. Transfer of Asset (CAR) Rs. 0 TATA Insurance Premium Rs. 0 Rs. 0 Rs. 0Perq Int. Loan Rs. 0 Master Equity Plan Rs. 0 Rs. 0 Rs. 0Perq Long Service Award Rs. 0 Mutual Fund Rs. 0 Rs. 0 Rs. 0Perq Others Rs. 0 Interest on NSC Rs. 0 Rs. 0 Rs. 0Perq Vehicle Driver Rs. 0 Housing Loan- Principal Rs. 0 Rs. 0 Rs. 0Perq. ESOP Rs. 0 Deposits In PPF Rs. 0 Rs. 0 Rs. 0Perq. Medical Rs. 0 Subscription To ULIP Rs. 0 Rs. 0 Rs. 0Perq. Pension Contribution Rs. 0 Investment on NSC Rs. 0 Rs. 0 Rs. 0Total of Perqs Rs. 0 Education Expenses Rs. 0 Rs. 0 Rs. 0 Total Rs. 443574  Fixed Deposit in Nationalized Rs. 0 Rs. 0 Rs. 0Sukanya Samrudhi Account Schem Rs. 0 Rs. 0 Rs. 0 2) Exemptions Under Section 10 Amount  Aggregate Of Deductible Amount - 2 Rs. 0 Rs. 0 Rs. 21012 1) Less HRA Relief U/S 10(13A) Rs. 0Minimum of the following three  9) Deductions Under Chapter Vl-A Gross Amount Qualifying Amount Tax rebate/Relief  i) 40% / 50 % of Applicable Basic Rs. 0 Sec.80D - Medical Insurance Premium (Self) Rs. 2532 Rs. 2532 Rs. 2532ii) Annual rent paid - 10 % of Applicable Basic Rs. 0 Sec.80D - Medical Insurance Premium (Parents) Rs. 0 Rs. 0 Rs. 0iii) HRA paid thru salary Rs. 0 Sec.80E - Education Loan Repayment Rs. 0 Rs. 0 Rs. 02) Less CONV Relief U/S 10 Rs. 19200 Sec.80DDB - Med. Treat. -Self /Dependant Rs. 0 Rs. 0 Rs. 03) Less LTA Relief Rs. 0 Sec.80DDA - Physically Handicapped Deposits (Depe Rs. 0 Rs. 0 Rs. 0 Total Rs. 19200  Sec.80U - Physically Handicapped Self Rs. 0 Rs. 0 Rs. 0Sec. 80GG - Deduction in Respect of Rent Paid Rs. 0 Rs. 0 Rs. 0 3) Balance (1) - (2) Rs. 424374  Sec.80CCD(2) - NPS Contribution Rs. 0 Rs. 0 Rs. 0Sec.80CCD(1B) - NPS Contribution Rs. 0 Rs. 0 Rs. 0    4) Employment Tax Amount  Sec.80CCG - Rajiv Gandhi Equity Scheme Rs. 0 Rs. 0 Rs. 0Tax on Employment Rs. 2400  Aggregate Of Deductible Amount - 1 Rs. 0 Rs. 0 Rs. 2532 Aggregate of 4 Rs. 240010) Aggregate Of total Deductible Amount Rs. 235445) Income chargeable under head Salaries(3)-(4) Rs. 42197411) Taxable Income Rs. 398430 6) Other Income Amount House Property (Incl any loss) Rs. 0  TAX COMPUTATION Other income Rs. 0  TAX SLABS FOR THE YEAR 2017-2018 QUALIFYING AMOUNT Rs. 398430Slab No. Tax Slabs Tax Rate Applicable Amount Balance Amount Tax Amount 7) Gross Total Income (5) + (6) Rs. 421970  1) 1 - 250000 0% Rs. 250000 Rs. 148430 Rs. 02) 250001 - 500000 5% Rs. 148430 Rs. 0 Rs. 74213) 500001 - 1000000 20% Rs. 0 Rs. 0 Rs. 04) 1000001 - 9999999999 30% Rs. 0 Rs. 0 Rs. 0 12.1) Tax on Total Income Rs. 742212.2) Surcharge on Tax Rs. 012.3) Educational Cess Rs. 22312.4) Net Tax Rs. 764513) Tax Deducted at Source Rs. 93314) Tax Payable/Refundable Rs. 671215) Tax Recovered During the Month Rs. 61016) Balance Tax Payable Rs. 6102
We Need Your Support
Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.

Thanks to everyone for your continued support.

No, Thanks