Understand the details
What a payslip in India must show
Since 21 November 2025 the Code on Wages, 2019 has replaced the Payment of Wages Act, 1936, and it requires employers to give each employee a wage slip. The central rules under the Code prescribe a wage-slip form, and state rules and Shops and Establishments Acts can add to it. Inspectors, banks and visa officers look for the same things:
- Employer name and address; employee name and ID.
- Pay period, pay date, paid days and loss-of-pay days.
- Each earning separately: basic, dearness allowance, HRA, other allowances.
- Each deduction separately: EPF, ESI, professional tax, TDS, loans or advances.
- Gross earnings, total deductions, net pay, and net pay in words.
- Identifiers that tie the slip to statutory records: PAN, UAN, bank account.
Which template to use
- Classic: letterhead, a strip with gross, deductions, net pay and paid days, then clean earnings and deductions tables. The everyday Indian salary slip.
- Modern: your brand colour, take-home pay up front and a pay-split bar. For slips employees will screenshot.
- Corporate: navy side column with company and employee details, money on the right. A formal letterhead look.
- Elegant: serif type, dotted leaders and bronze rules. Reads like a printed bank statement.
- Minimal: a narrow receipt with dashed separators and plenty of whitespace.
Typical components on an Indian salary slip
Earnings: basic (often 40–50% of CTC), dearness allowance, house rent allowance, conveyance, special allowance, overtime, bonus. Deductions: employee provident fund (12% of PF wages up to the ₹25,000 ceiling from 17 September 2026), ESI (0.75% of wages up to ₹21,000), professional tax (state slab, up to ₹200 a month in most states), TDS on salary, loan recovery. The employer's PF and ESI shares are costs to the company and do not appear as deductions.