Free Salary Slip Generator

A salary slip (also called a payslip) is the monthly statement an employer issues to an employee showing earnings, deductions, and net pay. It is the standard proof of income used for loans, visas, credit-card applications, rental agreements, and tax filing.

Yes. In India, the Payment of Wages Act and the Code on Wages, 2019 require employers to issue payslips to employees. Most banks and financial institutions accept the payslip as proof of income alongside Form 16 / ITR.

Earnings typically include: Basic salary, HRA (House Rent Allowance), DA (Dearness Allowance), Conveyance Allowance, Medical Allowance, Special Allowance, and Bonus. Deductions usually include: Provident Fund (PF), Professional Tax (PT), Income Tax (TDS), and any salary advance or loan EMI being recovered.

Net Pay = Gross Earnings − Total Deductions. Gross Earnings is the sum of all earning components (Basic + HRA + DA + Allowances + Bonus). Total Deductions is the sum of all deductions (PF + PT + TDS + others). Net Pay is what actually lands in the employee's bank account.

Salary slips are specifically for salaried employees. If you are self-employed, banks and visa offices typically ask for ITR, bank statements, or income certificates instead. Generating a salary slip for yourself when you are not a salaried employee can constitute misrepresentation — use the right document for your situation.