It is also helpful in identifying the employee when they leave the company. The salary slip includes a employee code which is a unique number that helps the companies in identifying the employee at the time of crediting the salary. An online pay slip is issued monthly after the salary is credited to your account. A payroll salary slip contains information about the gross salary and the break-up of the salary, including the deductions. Let us get into the details of the salary slips in India.Īn employee salary slip is a document that has information pertaining to the salary that you receive from your employer.
Also, in some organisations, the salary slip is sent to you via mail.Ī monthly pay slip in India is proof of the employees’ income and also helps them to invest in tax*-saving instruments like PPF, NPS, and a life insurance policy. Although it is essential for employers to provide salary slips to employees, a printed salary pay slip is not mandatory, you can download a salary slip online using HR applications and online modules. The employee pay slip issuance is a legal requirement that needs to be fulfilled by the employer. The salary slip contains various components of the salary, including base pay, allowances, deductions, etc. A salary slip is a legal, financial document that you get from your employer as proof of the compensation that you receive from them.
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