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.