Another name for a salary slip is a payslip, and in the life of all professionals, this is the most important thing in a job. Every employer provides a salary slip at the end of the month. In the salary slip format, there is a detailed description of your salary, like Payslip, company name, bank details, TDS, bonus, and PF, etc. You can ask about the salary slips from the human resources department.
What is a salary slip?
A salary slip is a very important document for professionals. When you want to apply for a new job, the salary slip is the most important document. A salary slip is a legal document of your salary provided by your employer. In the salary slip format, you can see all the details like a bank account, PF, TDS, HRA, TA, and bonus, which are provided by your company.
The main purpose of the salary slip document is to provide full details of an employee’s salary. A salary slip is also known as a salary payslip or payslip.
Salary Slip Format
Here, I can provide a salary slip format in the form of Excel. You can download the salary slip format by clicking on the download button. So download it and know about it. Here I prepared Salary slip formats in the form of Excel. In the salary slip, you can see gross earnings and all deductions.
Salary Slip Formulas
| Taxable Income | Income – Deduction |
| CTC | Gross Salary + PF + Gratuity |
| Gross Salary | Basic Salary +HRA + Other Allowances |
| Net Salary | Basic Salary + HRA + Allowances – Income Tax – PF – Professional Tax |
Incomes
- Basic Salary
- Dearness Allowance
- House Rent Allowance (HRA)
- Conveyance Allowance
- Performance Bonus and Special Allowance
- Other Allowances
Deduction
- HRA (House Rent Allowance
- PF (Provident Fund)
- Standard Deduction
- Professional Tax
- TDS (Tax Deductible at Source)
- Loans EMI
- Health Insurance
Salary Slip is important for the next job, credit card application, loans, and it has some government benefits like tax, medical, and subsidy.
It is the legal document for proof of earnings. Every company provides a salary slip. Few companies provide it as a printed document, and a few provide it as an email. You can also download salary slip PDF format, salary slip Excel format, and salary slip Word format. So if you want to download these, then click on download:
