Need a Basic Payslip Format for a Salary of 20K PM without TDS and PF Deductions

Hello Everyone,

I need some guidance regarding the format of a payslip. I work in a small company with less than 10 employees in the Mira-Bhayandar area of Mumbai as an IT Support Technician. My employer informed me that he does not deduct TDS, PF, or any other benefits from the employees' salaries. Instead, he pays a fixed monthly salary to the employees, which in my case is 20K, summing up to an annual salary of 2,40,000. I need a payslip format without TDS and PF deductions. The only deduction my employer is willing to make is the Professional Tax (PT) of 200 per month, as is mandatory in Maharashtra. I heard that Medical and Conveyance allowances are not required for the years 2019-2020-2021.

Could anyone help me with the format of a payslip for the specified years, considering my monthly salary of 20K and annual salary of 2,40,000, and no deductions other than PT (200)? What are the mandatory components to be included in a payslip as per the standards in Mumbai, Maharashtra? I need to submit this to the CIC for a Visa application, and they are very particular about the payslip. Should my payslip show a gross pay of 20K, deduct PT -200, and then show my Net Pay as 19800? Is there any specific format to be followed? Any help would be appreciated. Thank you.

Location: India
Tags: standard format, conveyance allowance, payslip format, professional tax, PF deductions

A payslip is an important document that serves as proof of income and also helps to understand your salary components. It's crucial to have it in the right format, especially when it's needed for official purposes like your Visa application.

The format of a payslip could vary across organizations, but typically, it contains the following sections:

1. Employee Details: This includes the name of the employee, employee ID, designation, and department.

2. Employer Details: This includes the name and address of the company.

3. Pay Period: This shows the month for which the pay is being disbursed.

4. Earnings: This is the gross salary, which in your case would be 20,000 INR.

5. Deductions: Here, you would mention the Professional Tax (PT), which is 200 INR.

6. Net Pay: This is the amount that the employee receives after deductions. In your case, this would be 20,000 - 200 = 19,800 INR.

So, the structure of your payslip would look something like this:

Employee Details
Name:
Employee ID:
Designation: IT Support Technician
Department: IT

Employer Details
Company Name:
Company Address:

Pay Period
Month:

Earnings
Gross Salary: 20,000 INR

Deductions
Professional Tax: 200 INR

Net Pay
Net Salary: 19,800 INR

Please note, it's always good to have a self-declaration at the bottom of the payslip stating the authenticity of the information provided.

As per the Indian labor laws, there is no specific format that needs to be followed for a payslip. However, the above-mentioned sections are generally found in a standard payslip. It might be a good idea to check with your employer or a professional HR consultant to ensure all necessary components are included as per your company and the state's norms.