[Summary]
Tamurakoma & Co., Ltd.
Statement of Salary & Allowances
For the month of January 2021
Sl.No. | Name | Designation | Joining Date | Basic Salary | House Rent | Conveyance | Medical Allowance | Performance Bonus | Gross Salary | Days of Month | Worked Day | Bonus | Total Payable | Deduction | Net Payable | Remarks
Tax | Advance/ Adjustment
01 | Ashma Akter | Manager | 10/1/19 | 115,830 | 25,000 | 2,500 | 10,000 | 39,720 | 193,050 | 30 | 30 | - | 193,050 | 21,263 | 34,818 | 206,605
02 | Md. Azmin | Ast. Merchandiser | 9/1/19 | 35,400 | 17,700 | 2,360 | 3,540 | - | 59,000 | 30 | 30 | - | 59,000 | 198 | 3,786 | 62,588
03 | Mohammad Shafiqul Islam | Ast. Merchandiser | 9/1/19 | 33,000 | 16,500 | 2,200 | 3,300 | - | 55,000 | 30 | 30 | - | 55,000 | 416 | 1,650 | 56,234
04 | Md. Sakil Ahmed Patwary | Merchandiser | 10/1/19 | 39,000 | 19,500 | 2,600 | 3,900 | - | 65,000 | 30 | 30 | - | 65,000 | 216 | 4,320 | 69,104
05 | Mohammad Ismail Hossain (Selim) | Officer | 10/1/19 | 23,400 | 11,700 | 1,560 | 2,340 | - | 39,000 | 30 | 30 | - | 39,000 | - | - | 39,000
06 | Md. Khurshed Alam | Merchandiser | 20/11/2019 | 35,100 | 17,550 | 2,340 | 3,510 | - | 58,500 | 30 | 30 | 58,500 | 59 | 2,642 | 61,083
07 | Yeasir Arafat | Ast. Merchandiser | 21/3/2020 | 31,500 | 15,750 | 2,100 | 3,150 | - | 52,500 | 30 | 30 | 52,500 | 416 | - | 52,084
08 | Sadman Saif | Ast. Merchandiser | 2/1/21 | 24,000 | 12,000 | 1,600 | 2,400 | - | 40,000 | 30 | 30 | 40,000 | - | - | 40,000
09 | Md. Rafel Mahamud | Pion | 8,100 | 4,050 | 540 | 810 | - | 13,500 | 30 | 30 | - | 13,500 | - | - | 13,500
Total | 345,330 | 139,750 | 17,800 | 32,950 | 39,720 | 575,550 | - | - | - | 575,550 | 22,568 | 47,216 | 600,198
Taka in Words: Six Lac One Hundred Ninety Eight Only.
Note:
1) The month has been cosidered for the period from 01 January 2021 to 31 January 2021.
2) Due to recalculation of the tax in this month after submission of tax return for past income year, the tax payable amount has changed.
3) For Mr. Md. Khurshed Alam, Tk. 500 also was added with the Tax Refund amount Tk. 2,142 in this month since the increment amount was changed from December 2020 to Tk. 58,500.
Prepared By | Approved By | Received By
[PS-Ashma]
Tamurakoma & Co., Ltd.
PAY SLIP
Statement of Salary & Allowances
For the month of January 2021
Name | Designation | Joining Date | Basic Salary | House Rent | Conveyance | Medical Allowance | Performance Bonus | Gross Salary | Days of Month | Worked Day | Bonus | Total Payable | Deduction | Net Payable | Remarks
Tax | Advance/ Adjustment
Ashma Akter | Manager | 10/1/19 | 115,830 | 25,000 | 2,500 | 10,000 | 39,720 | 193,050 | 30 | 30 | - | 193,050 | 21,263 | 34,818 | 206,605
Total | 115,830 | 25,000 | 2,500 | 10,000 | 39,720 | 193,050 | 30 | 30 | - | 193,050 | 21,263 | 34,818 | 206,605 | -
In words- Two Lac Six Thousand Six Hundred Five Taka Only
Prepared By | Approved By | Received By
[PS-Azizul.]
Tamurakoma & Co., Ltd.
PAY SLIP
Statement of Salary & Allowances
For the month of January 2021
Name | Designation | Joining Date | Basic Salary | House Rent | Conveyance | Medical Allowance | Performance Bonus | Gross Salary | Days of Month | Worked Day | Bonus | Total Payable | Deduction | Net Payable | Remarks
Tax | Advance/ Adjustment
Md. Azmin | Ast. Merchandiser | 9/1/19 | 35,400 | 17,700 | 2,360 | 3,540 | - | 59,000 | 30 | 30 | - | 59,000 | 198 | 3,786 | 62,588
Total | 35,400 | 17,700 | 2,360 | 3,540 | - | 59,000 | 30 | 30 | - | 59,000 | 198 | 3,786 | 62,588 | -
In words- Sixty Two Thousand Five Hundred Eighty Eight Taka Only
Prepared By | Approved By | Received By
[PS-Shafiq.]
Tamurakoma & Co., Ltd.
PAY SLIP
Statement of Salary & Allowances
For the month of January 2021
Name | Designation | Joining Date | Basic Salary | House Rent | Conveyance | Medical Allowance | Performance Bonus | Gross Salary | Days of Month | Worked Day | Bonus | Total Payable | Deduction | Net Payable | Remarks
Tax | Advance/ Adjustment
Mohammad Shafiqul Islam | Ast. Merchandiser | 9/1/19 | 33,000 | 16,500 | 2,200 | 3,300 | - | 55,000 | 30 | 30 | - | 55,000 | 416 | 1,650 | 56,234
Total | 33,000 | 16,500 | 2,200 | 3,300 | - | 55,000 | 30 | 30 | - | 55,000 | 416 | 1,650 | 56,234 | -
In words- Fifty Six Thousand Two Hundred and Thirty Four Only
Prepared By | Approved By | Received By
[PS-Shakil]
Tamurakoma & Co., Ltd.
PAY SLIP
Statement of Salary & Allowances
For the month of January 2021
Name | Designation | Joining Date | Basic Salary | House Rent | Conveyance | Medical Allowance | Performance Bonus | Gross Salary | Days of Month | Worked Day | Bonus | Total Payable | Deduction | Net Payable | Remarks
Tax | Advance
Md. Sakil Ahmed Patwary | Merchandiser | 10/1/19 | 39,000 | 19,500 | 2,600 | 3,900 | - | 65,000 | 30 | 30 | - | 65,000 | 216 | 4,320 | 69,104
Total | 39,000 | 19,500 | 2,600 | 3,900 | - | 65,000 | 30 | 30 | - | 65,000 | 216 | 4,320 | 69,104 | -
In words- Sixty Nine Thousand One Hundred and Four Only
Prepared By | Approved By | Received By
[PS-Ismail]
Tamurakoma & Co., Ltd.
PAY SLIP
Statement of Salary & Allowances
For the month of January 2021
Name | Designation | Joining Date | Basic Salary | House Rent | Conveyance | Medical Allowance | Performance Bonus | Gross Salary | Days of Month | Worked Day | Bonus | Total Payable | Deduction | Net Payable | Remarks
Tax | Advance
Mohammad Ismail Hossain (Selim) | Officer | 10/1/19 | 23,400 | 11,700 | 1,560 | 2,340 | - | 39,000 | 30 | 30 | - | 39,000 | - | - | 39,000
Total | 23,400 | 11,700 | 1,560 | 2,340 | - | 39,000 | 30 | 30 | - | 39,000 | - | - | 39,000 | -
In words- Thirty Nine Thousand Only
Prepared By | Approved By | Received By
[PS-Khurshed]
Tamurakoma & Co., Ltd.
PAY SLIP
Statement of Salary & Allowances
For the month of January 2021
Name | Designation | Joining Date | Basic Salary | House Rent | Conveyance | Medical Allowance | Performance Bonus | Gross Salary | Days of Month | Worked Day | Bonus | Total Payable | Deduction | Net Payable | Remarks
Tax | Advance
Md. Khurshed Alam | Merchandiser | 20/11/2019 | 35,100 | 17,550 | 2,340 | 3,510 | - | 58,500 | 30 | 30 | - | 58,500 | 59 | 2,642 | 61,083
Total | 35,100 | 17,550 | 2,340 | 3,510 | - | 58,500 | 30 | 30 | - | 58,500 | 59 | 2,642 | 61,083 | -
In words- Sixty One Thousand Eighty Three Only
Prepared By | Approved By | Received By
[PS-Yasir]
Tamurakoma & Co., Ltd.
PAY SLIP
Statement of Salary & Allowances
For the month of January 2021
Name | Designation | Joining Date | Basic Salary | House Rent | Conveyance | Medical Allowance | Performance Bonus | Gross Salary | Days of Month | Worked Day | Bonus | Total Payable | Deduction | Net Payable | Remarks
Tax | Advance
Yeasir Arafat | Ast. Merchandiser | 21/3/2020 | 31,500 | 15,750 | 2,100 | 3,150 | - | 52,500 | 30 | 30 | - | 52,500 | 416 | - | 52,084
Total | 31,500 | 15,750 | 2,100 | 3,150 | - | 52,500 | 30 | 30 | - | 52,500 | 416 | - | 52,084 | -
In words- Fifty Two Thousand and Eighty Four Only
Prepared By | Approved By | Received By
[PS-Saif]
Tamurakoma & Co., Ltd.
PAY SLIP
Statement of Salary & Allowances
For the month of January 2021
Name | Designation | Joining Date | Basic Salary | House Rent | Conveyance | Medical Allowance | Performance Bonus | Gross Salary | Days of Month | Worked Day | Bonus | Total Payable | Deduction | Net Payable | Remarks
Tax | Advance
Sadman Saif | Ast. Merchandiser | 2/1/21 | 24,000 | 12,000 | 1,600 | 2,400 | - | 40,000 | 30 | 30 | - | 40,000 | - | - | 40,000
Total | 24,000 | 12,000 | 1,600 | 2,400 | - | 40,000 | 30 | 30 | - | 40,000 | - | - | 40,000 | -
In words- Forty Thousand Taka Only
Prepared By | Approved By | Received By
[PS-Rafel ]
Tamurakoma & Co., Ltd.
PAY SLIP
Statement of Salary & Allowances
For the month of January 2021
Name | Designation | Joining Date | Basic Salary | House Rent | Conveyance | Medical Allowance | Performance Bonus | Gross Salary | Days of Month | Worked Day | Bonus | Total Payable | Deduction | Net Payable | Remarks
Tax | Advance
Md. Rafel Mahamud | Officer | Pion | 8,100 | 4,050 | 540 | 810 | - | 13,500 | 30 | 30 | - | 13,500 | - | - | 13,500
Total | 8,100 | 4,050 | 540 | 810 | - | 13,500 | 30 | 30 | - | 13,500 | - | - | 13,500 | -
In words- Thirteen Thousand Five Hundred Only
Prepared By | Approved By | Received By
[Changed Tax Calculation]
Tamurakoma & Co., Ltd.
Computation of Income and Tax Liability
Income year 2020-2021
Assessmnet year 2021 - 2022 | 1 | 2 | 3 | 4 | 5 | 6 | 7
Name of Employees | Ashma Akter | Md Azmin | MD SHAFIQUL ISLAM | Md Sakil Ahmed Patwary | MD. ISMAIL HOSSAIN | Md. Khurshed Alam | Yeasir Arafat | Total | Reconcile Area
TIN Number | 562153404033 | 284615444557 | 180602425295 | 715079788641 | 159499780840 | 799908533617
Income from Salary:
Basic salary:
For the month from July 2020 - June 2021 | 1,263,600 | 410,400 | 360,000 | 468,000 | 252,000 | 406,800 | 378,000 | 3,538,800 | 3,538,800 | -
House rent allowance | 631,800 | 205,200 | 180,000 | 234,000 | 126,000 | 203,400 | 189,000 | 1,769,400 | 1,769,400 | -
Less: Exempt (50% of basic) or (Tk. 25,000 per month) whichever is lower | 300,000 | 205,200 | 180,000 | 234,000 | 126,000 | 203,400 | 189,000 | 1,437,600
331,800 | - | - | - | - | - | - | 331,800
Conveyance allowance | 84,240 | 27,360 | 24,000 | 31,200 | 16,800 | 27,120 | 25,200 | 235,920 | 235,920 | -
Less: Exempt | 30,000 | 27,360 | 24,000 | 30,000 | 16,800 | 27,120 | 25,200 | 180,480
54,240 | - | - | 1,200 | - | - | - | 55,440
Medical allowance | 126,360 | 41,040 | 36,000 | 46,800 | 25,200 | 40,680 | 37,800 | 353,880 | 353,880 | -
Less: Exempt (10% of basic) or Tk. 120,000 whichever is lower | 120,000 | 41,040 | 36,000 | 46,800 | 25,200 | 40,680 | 37,800 | 347,520
6,360 | - | - | - | - | - | - | 6,360
Performance Bonus | - | - | - | - | - | - | - | -
Festival Bonus | 340,000 | 68,400 | 60,000 | 78,000 | 42,000 | 67,800 | 63,000 | 719,200 | 719,200 | -
Total Taxable Income of Salary | 1,996,000 | 478,800 | 420,000 | 547,200 | 294,000 | 474,600 | 441,000 | 4,651,600
Taxability Check | TRUE | TRUE | TRUE | TRUE | FALSE | TRUE | TRUE
Tax Calculation:
On 1st | Tk. | 300,000 | @ | Nil | - | - | - | - | - | - | - | -
On next | Tk. | 100,000 | @ | 5% | 5,000 | 5,000 | 5,000 | 5,000 | - | 5,000 | 5,000 | 30,000
On next | Tk. | 300,000 | @ | 10% | 30,000 | 7,880 | 2,000 | 14,720 | 7,460 | 4,100 | 66,160
On next | Tk. | 400,000 | @ | 15% | 60,000 | 60,000
On next | Tk. | 500,000 | @ | 20% | 100,000 | 100,000
On next | Tk. | Balance Amount | @ | 25% | 86,500 | 86,500
Gross tax liability | 281,500 | 12,880 | 7,000 | 19,720 | - | 12,460 | 9,100 | 342,660
Rebate on Investment Allowance:
(25% of total income Tk. | 499,000 | 119,700 | 105,000 | 136,800 | 73,500 | 118,650 | 110,250 | 1,162,900
or actual investment Tk. | 100% | 499,000 | 119,700 | 105,000 | 136,800 | 73,500 | 118,650 | 110,250 | 1,162,900
or Tk. 15,000,000 | 1.5 Crore | 1.5 Crore | 1.5 Crore | 1.5 Crore | 1.5 Crore | 1.5 Crore | 1.5 Crore | 1.5 Crore
Whichever is lower | 499,000 | 119,700 | 105,000 | 136,800 | 73,500 | 118,650 | 110,250 | 1,162,900
Base test of Investment Allowance (U/S - 44)
whichever is lower X 15% or 10% | 49,900 | 17,955 | 15,750 | 20,520 | 11,025 | 17,798 | 16,538 | 149,485
Net Tax Liability | 231,600 | (5,075) | (8,750) | (800) | (11,025) | (5,338) | (7,438) | 193,175
Unpaid Tax /Due Tax | 231,600 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 261,600
TDS already Paid
Unpaid Tax /Due Tax for 12 Months payable from July 2020 to June 2021 | 231,600 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 261,600
Calculating Month | 12 | Month | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12
Monthly deducted by Company | 19,300 | 417 | 417 | 417 | 417 | 417 | 417 | 21,802
Note:
01. Minimum Tax Is 5000 for Dhaka (North & South) City corporation.
02. Financial Year: 2020-2021
03. Other Allowance is solely of Net Tax Amount.
04. If Salary and other benefits will change then tax liability may be changed
261,600
12
21,800