Salary Slip

A Salary Slip, also known as a payslip, is a monthly document issued by an employer to an employee. It provides a detailed breakdown of the employee’s earnings, deductions, and net salary for a given month.

Key components of a Salary Slip include:

  • Employee and company details

  • Basic salary, allowances, and bonuses

  • Deductions (PF, TDS, professional tax, etc.)

  • Net take-home pay

  • Pay period and date of issue

Salary Slips are essential for:

  • Applying for loans or credit cards

  • Filing income tax returns

  • Employment verification

  • Financial planning

Why It Matters:
A Salary Slip is not just a record of payment—it’s legal proof of income and a key document for various financial and official purposes.

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