Salary Slip Generator

Mandatory salary slip components: Employee name, ID, designation, department; Pay period & pay date; Employer name & address; Earnings (Basic, HRA, Allowances, Bonus); Deductions (PF, ESI, TDS, Professional Tax, Loan); Gross Salary, Total Deductions, Net Salary; PAN, UAN, ESIC number (if applicable).

Employee PF = 12% of Basic+DA (capped at ₹1,800/month if basic ≤ ₹15,000). Employer PF = 3.67% of Basic+DA to EPF + 8.33% to EPS. For salary > ₹15,000, 12% of ₹15,000 = ₹1,800 minimum. Voluntary PF contributions can be higher.

ESI (Employee State Insurance) is mandatory for employees earning ≤ ₹21,000/month. Employee contribution = 0.75% of gross salary. Employer contribution = 3.25% of gross salary. ESI provides medical, maternity, disability and other benefits. Applicable in notified areas and establishments with 10+ employees.

Professional Tax is a state-level tax. In Maharashtra: ₹200/month (₹300 in Feb) for salary >₹10,000. In Karnataka: ₹200/month for salary >₹15,000. In West Bengal: varies by salary slab. Maximum PT is ₹2,500/year as per Constitution. Not applicable in all states (e.g. Rajasthan, Delhi have no PT).

Salary slips are legally required under the Payment of Wages Act, 1936, and various state labor laws. Employers must provide itemized pay statements. Employees need salary slips for: home loan/credit card applications, visa processing, new job offer negotiations, income tax filing, and gratuity calculations.