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| Salary Breakup |
| Salary Component | Annual | Monthly |
|---|---|---|
| Base Component | ||
| Basic |
₹ |
₹ |
| HRA |
₹ |
₹ |
| Other Allowances |
₹ |
₹ |
| Other Allowances |
₹ |
₹ |
| Retirals Component | ||
| Employer Contribution to PF |
₹ |
₹ |
| Gratuity |
₹ |
₹ |
| Total CTC |
₹ |
₹ |
|---|---|---|
| Total Taxable Salary |
₹ |
₹ |
| Deduction Details |
| Professional Tax |
₹ |
| 80C (Maximum Deduction is 1.5 Lakhs) | |
|---|---|
| Employee Contribution to PF |
₹ |
| PPF |
₹ |
| NPS |
₹ |
| ELSS |
₹ |
| LIC or Life Insurance Premium |
₹ |
| Home Loan Principal Payment |
₹ |
| Deductions for Home Loan Interest Payment | |
|
Section 24 (Maximum Deduction is 2 Lakhs) |
₹ |
|
80EEA (Maximum Deduction is 1.5 Lakhs) Conditions: Stamp duty value of the house must be 45 lakhs or less. Loan must be taken between Apr 2019 to Mar 2022 and should NOT own any other residensial property at the time of loan sanction. Only one of 80EE or 80EEA can be claimed; not both. |
₹ |
|
80EE (Maximum Deduction is 50K) Conditions: House value must be 50 lakhs or less. Loan value must be 35 lakhs or less. Loan must be taken between Apr 2016 to Mar 2017 and should NOT own any other residensial property at the time of loan sanction. Only one of 80EE or 80EEA can be claimed; not both. |
₹ |
| House Rent Allowance | |
| Rent per Month |
₹ |
| Are you a resident of Delhi, Mumbai, Kolkata or Chennai? |
Yes
No
|
|
HRA Exemption Amount The lowest of the following three amounts is eligible for tax exemption: • Actual HRA received • Rent paid minus 10% of Basic Salary • 50% (for metro city) or 40% (for non-metro city) of the Basic Salary. |
₹ |
| 80D (Health Insurance Premium) | |
|
Self & Family (Maximum Deduction is 25K) |
₹ |
|
Parents (Maximum Deduction is 25K) |
₹ |
| 80E | |
| Interest Paid of Education Loan |
₹ |
| NPS - 80CCD(1B) & 80CCD(2) | |
|
Employee Contribution to NPS (Maximum Deduction is 50K) |
₹ |
|
Employer Contribution to NPS (Maximum Deduction is 10% of Basic + DA for Private Employee and 14% of Basic + DA for Government Employee) |
₹ |
| Are you a Central/State Government Employee? |
Yes
No
|
| 80G | |
| Donations to Charity |
₹ |