India Payslip Generator —
Free Salary Slip Maker

What's on a standard Indian salary slip?

An Indian payslip is split into two halves — Earnings on the left and Deductions on the right — followed by a Net Pay row at the bottom. Below is what every line means and the rules that govern it.

Earnings (the left side)

• Basic Salary — usually 40–50% of CTC. Drives PF, gratuity, and HRA exemption calculations.
• House Rent Allowance (HRA) — typically 40% (non-metro) or 50% (Mumbai, Delhi, Bengaluru, Chennai, Kolkata) of Basic. Partially or fully exempt under Section 10(13A) of the Income Tax Act.
• Leave Travel Allowance (LTA) — paid towards domestic travel; tax-exempt twice in a four-year block under Section 10(5).
• Conveyance Allowance — fixed transport allowance, fully taxable since FY 2018-19 (replaced by standard deduction).
• Special Allowance — the residual fully-taxable component used to balance gross to CTC.
• Performance Bonus / Variable Pay — optional, taxable on receipt.

Deductions (the right side)

• Provident Fund (PF) — 12% of Basic + DA from the employee, matched 12% by the employer. Capped at ₹15,000 wage ceiling for statutory PF; many employers contribute on actuals.
• ESI — Employees' State Insurance, 0.75% from employee, 3.25% from employer, applicable when monthly wage ≤ ₹21,000.
• Professional Tax (PT) — state-level. Maharashtra ₹200, Karnataka ₹200, West Bengal ₹200, Andhra Pradesh ₹200, Tamil Nadu ₹208, Gujarat ₹200. Delhi and Haryana don't charge PT.
• TDS (Tax Deducted at Source) — calculated on annual taxable income under the new or old regime, divided over 12 months.
• Loan / Salary Advance Recovery — when applicable.

Mandatory employer details on every slip

• Company name & registered address
• Employer PAN and GSTIN
• Employee name, designation, department, employee ID
• Bank account number and IFSC for credit confirmation
• UAN (Universal Account Number) for PF tracking
• Pay period (month and year), pay date, working days, LOP days
• Authorised signature or digital signature

When you'll need an Indian payslip

1. Home loan, car loan, personal loan

Banks ask for the last 3–6 months of salary slips. SBI, HDFC, ICICI, Axis Bank, Kotak Mahindra and Bajaj Finance all use payslips to verify income, calculate FOIR (Fixed Obligation to Income Ratio), and approve EMIs. Read our guide on using a salary slip for a home loan.

2. Visa applications

Schengen, UK, US, Canadian and Australian consulates require proof of stable Indian income. Three months of payslips + Form 16 + bank statement is the standard income proof bundle.

3. ITR filing & HRA exemption

Payslips help you reconcile Form 16, declare exempt HRA under Section 10(13A), and verify that PF and TDS deducted at source match your Annual Information Statement (AIS) on the Income Tax portal.

4. Background verification at a new employer

New employers cross-check your offered salary against your last drawn pay. Three months of payslips is the standard request from BGV agencies like First Advantage, AuthBridge and IDfy.

5. Rent agreement

Landlords and brokers in Mumbai, Pune, Bengaluru, Hyderabad, Gurugram, Noida and Delhi often ask for two months of salary slips before signing a leave-and-licence agreement.

6. Freelancers & consultants

If you're self-employed (Section 194J income), generate a monthly income slip showing professional fees and TDS withheld by your clients. Banks accept this for loans against income, and embassies accept it for visa applications.