Is This Payslip Genuine? Help Me Spot Any Inconsistencies, Especially in Allowances

Hi guys, can you please verify the genuineness of this payslip (file attached)? If you find any inconsistencies, please point them out. I personally think that the supplementary allowance looks a little inflated, but I could be wrong.

Thanks in advance.

From my personal experience in my previous organization, Mphasis (an HP company), I can say that such bizarre payslips exist. I had a basic salary of Rs 3000. My Special Allowance (this was a fixed amount every month, not variable) was Rs 35000 (approx). My Special Allowance was 10 times my basic!

The payslip seems to be authentic. If you have any further doubts about the payslip, you can ask the employee for their last three months' bank statements where their salary was deposited.

Regards, Vijay

Exactly, it depends on which state he is working in. The Professional Tax varies within different states.

Exactly, it's the basics that look fishy. The slip does not contain a digital or other signature or declaration that it's printed and does not require a signature. It looks a little fishy. Asking for a bank statement is the best idea.

You can cross-check the genuineness of the salary slip with the HR of the concerned employer. They will verify whether it is genuine or not. Secondly, you can ask for the account statement of the candidate.

The attached payslip is a fake slip because the employee joined in the month of September 2011, and the "YTD" (Year Till Date) is showing only one month (October) of earning details. The YTD should display the total earnings for September and October. If you have any queries, please let me know.

Thanks,

Brijesh

[Phone Number Removed For Privacy Reasons]

Hi, you can contact the HR department of his previous company and conduct a background verification to ascertain his last drawn salary, salary breakup, etc.

As mentioned by Brijesh, the YTD is not correctly shown. He joined in September, and the same is not added in the YTD. Please verify the PT amount applicable in West Bengal for this salary range. When he is drawing a salary of Rs. 30,000+ in the payslip, the same will come under INCOME TAX. However, either the current employer has not considered his previous employment income, or there is a mistake in the salary calculation. If the earnings from the previous employer are considered, there should definitely be an INCOME TAX deduction.

Basic salary and other components may vary from company to company, so we cannot come to any definitive conclusion. You can ask for the original appointment letter and verify its correctness. Otherwise, it is difficult to come to any conclusion.

Regards, VGKNAIRVKM

Reasons Why It's a Fake Payslip

It's a fake payslip because:

1. There is no income tax deduction.
2. All the earnings and deduction items are printed in capital letters, whereas 'statutory bonus' is mentioned in small letters.

Regards,
AP

In your payslip, I found a statutory bonus, while generally, we pay it on an annual basis. How could it have a place in the monthly salary? Can you clarify this for me?

Thanks,
Devendra

Please ask for the bank statement where the salary is transferred every month. That will help you to cross-verify the paid amount.

Regards,
Sandeep Thakur

Normally, reimbursements are not depicted on payslips. Here, medical reimbursements and conveyance (more than 800) are mentioned. HRA is more than 50% of basic, which is not permitted.

Regards,
Pon

If it seems fake to you due to the basic and supplementary allowance, I have attached the salary details of the same company in Maharashtra, which show the same difference between basic and supplementary allowance. I hope this will clear your doubt.

Thank you.

Regards,
Preeti

It seems his/her salary got credited in the bank; hence, please ask for the bank account statement and cross-verify it. It will give you a real picture.

Regards,
Madhan

In the salary slip, there is a variation in the Medical Allowance. I think the maximum tax exemption for Medical Allowance is Rs. 15,000/- per annum, and his salary slip shows a higher amount for medical allowance.

Regards, Vijay

It is a fake payslip for sure. The first thing is that the conveyance amount is restricted to Rs. 800 per month. Even if a higher amount is paid, it should not be shown on the payslip. Secondly, the medical amount should be Rs. 15,000 per year, but it exceeds that here. Thirdly, bonus details are never provided on a payslip but are usually mentioned in the breakup summary.

Therefore, I strongly believe this is a fake payslip.

Regards,
Vijaya

The YTD is mentioned in two places, i.e., earnings and net pay columns, which do not have the same meaning. This is not correct.

Regards,
Ponmalar

It should be taken as genuine since the position is of "Business Development Manager" in an Insurance Company. On sales (new policies), the Business Development Manager has various benefits upon achieving the target of acquiring policies. It is common in Insurance Companies for there to be by-laws or benefits offered to sales/field staff, including department-wise incentives. This may not be applicable to the office/clerical staff who are compensated based on different incentives, and it can also vary. I do not think that this so-called supplementary allowance is general to all employees of a company. However, the basis of the "slip" is not to assess the person but his income tax matters.

There is a major chance that the attached payslip is fake because it does not contain a PF No, ESI No, or Bonus. Even if calculated statutorily, it cannot come to the amount as specified.

Thanks,
Abhaydada

For the genuineness of the payslip, you may contact the HR department of the company. It seems that it is generated on an Excel sheet.

As stated by Brijesh, the YTD is not correctly shown. He joined in September, and the same is not added in the YTD. Please verify the PT amount applicable in West Bengal for this salary range.

When he is drawing a salary of Rs. 30,000+ in the payslip, it will come under INCOME TAX. However, either the current employer has not considered his previous employment income, or there is a mistake in the salary. If the earnings from the previous employer are considered, there should definitely be an INCOME TAX deduction.

Basic salary and other components may vary from company to company, so we cannot reach any conclusion. You can request the original appointment letter and verify its correctness. Otherwise, it is difficult to come to any conclusion.

Regards, VGKNAIRVKM

The salary slip provided is fake. Tata AIG does not pay such a high supplementary allowance. I am an ex-employee of Tata AIG.

Gireesh

Fake payslip. I am an ex-Tata AIA.