Payroll System (India)

Payslip

May 2026

Amit Kumar (EMP003)

Department: Finance

Earnings

Basic₹60,000.00
HRA₹24,000.00
Other allowances₹8,000.00
Gross pay₹92,000.00

Deductions (India)

PF (employee) — 12% on capped basic₹1,800.00
Professional tax₹200.00
TDS (simplified)₹4,200.00
Total deductions₹6,200.00

Employer contribution (info)

PF (employer)₹1,800.00

Net pay: ₹85,800.00

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