Net Salary = Gross - PF (Emp Cont) - ESI (Emp Cont) - PTĬTC = Gross + PF (Emp'r Cont) - ESI (Emp'r Cont)Īpart from this Gratuity, Statutory Bonus, LTA, performance bonus, etc. Practically, the document issued by an employer to pay an employee for. The document may contain the salary or even any other payment details, including salary and its deductions, bonus, special motivational payment or awards in terms of money. PT - It Varies State to state and it is calculated on the Gross salary of the employee A Employee Payslip template is an accounting document may use to detailing payment amount to employee. This document can be either a printed hard copy or mailed to the employees.

A salary slip contains a detailed breakdown of employee salary and deductions for a given period. 1250 / PM which can be max of Rs 15000 PAĥ) Spl Allow - Balance of Gross will be provided as Spl AllowĢ) ESI - Applicable to employees whose Gross Salary is less than or equal to Rs.15000 A salary slip or payslip is a document issued monthly by an employer to its employees. The quantity of financial paperwork involved in managing a business shows up to under no circumstances end, from out bound purchases and product sales slip toward the tremendous quantity of information it will take to develop your employees’ paydays. The business companies used this slip as a proof that the salary has been received by an employee. Monthly Salary Slip Format Free Download. Salary slip contains information about an employee such as his name, his salary payment for the month, his designation and total payment and the account number. Please verify the same before you actually make a Salary slip.Īll the below heading have been compiled from the Citehr site itself for your referralĢ) HRA - 40% of Basic for Non metro & 50% of basic for Metroģ) Con - Max Rs. Salary slip is a document signed by an employee after receiving the salary. though the percentages may sometimes differ under each state. What i would suggest is that you read the following heading under which normally salary is classified. The upper section will have information about you such as your employee ID, date of joining, number of months worked in this month, leave details of the month.

Monthly salary slip format