Payroll · format guide
Salary slip format, explained field by field.
Every block on an Indian payslip — company & employee details, earnings, statutory deductions, gross and net pay — with a filled example so you know exactly what should be on yours.
- Reviewed July 2026
- 5 min read
- CA Anil Agarwal & the TatvaBooks team
What is a salary slip (payslip) format?
A salary slip — also called a payslip or pay stub — is what an employer gives an employee at the end of each pay period. It shows what the employee earned, what was deducted, and what actually landed in their bank account. In India, a correct payslip has three clear blocks: who and when (company and employee details, pay period), Earnings (Basic, HRA, allowances) and Deductions (PF, ESI, Professional Tax, TDS) — ending in Gross Pay, Total Deductions and Net Pay.
There isn't one single legally-prescribed template, but the Payment of Wages Act and state Shops & Establishments rules require employers to give a clear, itemised wage statement. The format below is what most Indian employers — and most payroll software, including TatvaBooks — actually produce.
Example: a filled payslip
Here's a worked example for a mid-level employee in Maharashtra, on the old tax regime with TDS deducted. Amounts are illustrative.
Aarav Textiles Pvt. Ltd.
Plot 14, MIDC, Pune, Maharashtra — 411019
Payslip — June 2026
Employee name: Priya Deshmukh
Designation: Senior Accountant
Employee code: EMP-0142
UAN: 1008XXXXXXXX
Pay period: 01 – 30 Jun 2026
Days paid: 30 / 30
| Earnings | Amount | Deductions | Amount |
|---|---|---|---|
| Basic | ₹35,000 | Provident Fund (PF) | ₹4,200 |
| House Rent Allowance (HRA) | ₹14,000 | ESI | ₹450 |
| Conveyance Allowance | ₹1,600 | Professional Tax (PT) | ₹200 |
| Special Allowance | ₹9,400 | TDS | ₹1,850 |
| Gross Earnings | ₹60,000 | Total Deductions | ₹6,700 |
Net Pay
₹53,300
Amount in words: Rupees Fifty-Three Thousand Three Hundred only.
This is a static example to show the layout — TatvaBooks generates this from your actual payroll run, not a template you fill in by hand.
Earnings side — what goes in it
- Basic — the fixed core of pay; PF and gratuity are usually calculated off this figure.
- House Rent Allowance (HRA) — commonly ~40–50% of Basic; partly tax-exempt if the employee pays rent and claims it.
- Conveyance Allowance — a fixed travel component, often a flat amount.
- Special Allowance — the balancing figure that brings total earnings up to the agreed CTC-linked monthly pay.
Deductions side — what goes in it
- Provident Fund (PF) — 12% of Basic (up to the statutory wage ceiling), matched by the employer separately.
- ESI — applies only below the ESI wage threshold; a small percentage of gross pay.
- Professional Tax (PT) — a state-level slab deduction; varies by state and sometimes doesn't apply at all. See our Professional Tax guide for state-wise slabs.
- TDS — income tax withheld under Section 192 on projected annual salary; see our TDS guide for how it's computed.
Gross Pay is the sum of all earnings. Net Pay is Gross Pay minus Total Deductions — the amount actually credited to the employee's bank account, usually also written in words on the slip.
Generate payslips automatically instead of building one in Excel
A hand-built Excel payslip template is where most payroll errors start — a stale PT slab, a PF ceiling miscalculated, TDS not updated after a mid-year revision. TatvaBooks payroll (₹1,099/month on Growth, up to 25 employees) computes PF, ESI, state-correct Professional Tax and TDS for every employee and generates the payslip straight from that run — no template to maintain, no formula to get wrong. See payroll software for India.
Frequently asked questions
What is a salary slip (payslip) format?
What fields are mandatory on an Indian payslip?
How is Professional Tax shown on a payslip different by state?
Why does TDS vary month to month on a payslip?
Can I generate salary slips automatically instead of using Excel?
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TatvaBooks
Payroll · PF, ESI, PT & TDS built in
Stop rebuilding payslips in Excel every month.
TatvaBooks payroll calculates PF, ESI, Professional Tax and TDS correctly for every employee and generates the payslip automatically — no template, no formula to get wrong.