Create professional, compliant salary slips and payslips with standard Indian corporate earnings and deduction components. 100% free with zero registration.
Customize employee details, basic salary, allowances, and statutory deductions in seconds.
Launch Salary Slip Generator →A Salary Slip (also known as a Payslip) is an official document issued by an employer to an employee every month. It details the employee's gross earnings, itemized allowances, statutory deductions, and the final net take-home salary credited to their bank account.
Salary slips are crucial financial documents required for:
| Earnings Component | Standard Percentage / Nature | Taxability |
|---|---|---|
| Basic Salary | Typically 40% to 50% of Total CTC | 100% Taxable |
| House Rent Allowance (HRA) | Typically 40% (non-metro) or 50% (metro) of Basic | Exempt under Section 10(13A) against rent receipts |
| Dearness Allowance (DA) | Cost of living allowance (common in PSU / Govt) | 100% Taxable |
| Special Allowance | Balancing residual component of CTC | 100% Taxable |
| Conveyance / Travel Allowance | Commute expense component | Taxable under New Tax Regime |
| Deduction Type | Standard Statutory Rate | Governing Authority |
|---|---|---|
| Employee Provident Fund (EPF) | 12% of (Basic Salary + DA) up to statutory wage ceiling | EPFO (Ministry of Labour & Employment) |
| Professional Tax (PT) | ₹150 to ₹200/month (state specific, capped at ₹2,500/year) | Respective State Governments (e.g. Maharashtra, Karnataka) |
| Employee State Insurance (ESIC) | 0.75% of Gross Wages (for wages ≤ ₹21,000/month) | ESIC Corporation |
| Tax Deducted at Source (TDS) | Calculated as per employee's Income Tax slab | Income Tax Department of India |
Yes. A computer-generated salary slip that contains accurate corporate identification, employee credentials, PAN/UAN numbers, and authorized signatory details is legally valid and recognized by financial institutions across India.
Absolutely. Small business owners, boutique agencies, consultants, and HR professionals can generate unlimited, professional, branded payslips for their staff with zero subscription costs.
Gross Salary is the total amount earned before any deductions (Basic + HRA + DA + Allowances). Net Salary (take-home salary) is the actual amount credited to your bank account after subtracting statutory deductions (PF, PT, ESI, TDS) from Gross Salary.