Name : Milind Motghare Location : Praj House Company cd : Praj Industries Ltd.

Id : 21459 Department : Process Equipment and Sys Emp group : B2-Band-2

Pay period : 01.10.2010 - 31.10.2010 PF NO. MH/PN/30378/2098 Position : Engineer
Transfer date Account No. Amount = Earnings - Deductions + Adjustment
05.11.10 20,903.00 = 23,000.00 - 2,097.00 + 0.00

Earnings Deductions Perks/Other income/Exemptions/Rebates

Basic Salary 7,500.00 Ee PF contribution 900.00 Exemption U/S 10 25,500.00
House Rent Allowance 2,250.00 Prof Tax - split period 200.00 Agg of Chapter VI 23,400.00
Conveyance Allowance 800.00 Income Tax 197.00
Education Allowance 500.00 Canteen Coupon Recovery 300.00-
Lunch Allowance 1,300.00 Vehicle Hire Recovery 500.00-
Medical Amount 750.00
LTA Amount 750.00
Pride Allowance 2,100.00
Quality of Life 7,050.00

Total 23,000.00 Total 2,097.00

Take Home Pay 20,903.00

Sec 10 Exemption Form 16 summary

Conveyance An 8,000.00 Gross Salary 230,000.00
HRA Annual Ex 17,500.00 Exemption U/S 10 25,500.00
Balance 204,500.00
Empmnt tax (Prof Tax) 2,000.00
Aggrg Deduction 2,000.00
Incm under Hd Salary 202,500.00
Gross Tot Income 202,500.00
Agg of Chapter VI 23,400.00
Total Income 179,100.00
Tax on total Income 1,910.00
Tax payable and surcharg 1,967.00
Tax deducted so far 788.00
Income Tax 197.00