Dear all,

I am working with a private limited company. Earlier, it was a proprietorship, and now it has been converted into a private limited (Pvt. Ltd.) company. I am responsible for creating salary slips for the employees.

I am unsure about the details that should be included in the salary slip. I know that the basic salary is a standard feature, but I am unsure about other components such as House Rent Allowance (HRA) or additional allowances. I also need guidance on the deduction items that should be included and the criteria for deducting them from the salary.

I would appreciate your help in providing a detailed explanation of all these aspects. Additionally, I would also like assistance in obtaining a sample salary slip format.

Thank you all for your support.

Saurabh Kumar

From India, Delhi
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Hi,

You asked about the salary slip. The salary slip shows the actual salary of the employee in all break-ups, including the number of working days, net take-home pay, and all deductions such as provident fund, ESI, group gratuity scheme, mediclaim, loans, advances, leaves, etc.

Warm regards,

Umesh Chaudhary
(welcomeumesh@yahoo.com)

From India, Delhi
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