Free Salary Slip Generator

A complete payslip lets the employee check their pay and use it as proof of income:

• The employer's name and address, and the month the salary is for
• The employee's name, ID, designation and, in India, their PAN and UAN
• Each earning: basic salary, HRA and other allowances, bonus or overtime
• Each deduction: provident fund, ESI, professional tax, income tax (TDS) and any recoveries
• Gross earnings, total deductions and net pay, in figures and words
• Working days, paid days and any loss of pay

Basic salary is the fixed core of the pay, and many employers keep it at around 40-50% of gross pay because provident fund and gratuity are worked out from it. House rent allowance (HRA) helps with rent and can be partly tax-free for employees under the old tax regime. A special allowance usually makes up the rest of the agreed salary.

On the deductions side, the employee's provident fund contribution is 12% of basic pay (many employers cap it at ₹1,800 a month, 12% of ₹15,000). ESI applies to employees earning up to ₹21,000 a month. Professional tax is set by each state, at no more than ₹2,500 a year, and income tax is deducted at source (TDS) based on the employee's expected tax for the year.

Gross pay is the total of all earnings for the month. Net pay, or take-home pay, is what's left after deductions, and is the amount actually paid into the employee's bank account. Cost to company (CTC) is larger again: it also includes what the employer pays on top, such as their own PF contribution, gratuity and insurance.

Employees use payslips to apply for loans, credit cards and visas, to file their income tax return and to prove their salary when changing jobs, so issue one every month, even to a single employee.