It’s also treated as income proof by most of the banks. they are cheap and they offer great customer service too.Īpart from the salary structure and deductions, a payslip also contains vital information like the number of days worked in that month, PF account/UAN number, bank account details of the employee, and leave details.Ī salary slip also certifies that the employer has paid the salaries for the specified month and the employee has received it. If you are looking for an affordable and one of the best payroll software in India, check Zoho. a HR & payroll software makes it easy to calculate, control and generate reports. Most companies prefer using a hrm payroll software to generate salary slips and pay stubs. it also contains the details of statutory tax deductions like PT, PF, TDS, insurance cost, etc. The main components of a salary slip are Basic Pay, House Rent Allowance (HRA), TA, DA, Reimbursements, Medical, Bonus, etc.
of hours paid for, tax deductions, paid to the employee. A salary slip, payslip, or pay stub is payment advice issued to the employees of an organization once their salaries are credited into their accounts.Ī simple salary slip format contains a detailed breakup of the gross and net salary, no.
