| [COMPANY NAME] | |||||
|---|---|---|---|---|---|
| [Company address · City, State PIN] | |||||
| Salary slip for the month of October 2026 | |||||
| Employee name | [EMPLOYEE NAME] | Employee ID | [EMP-001] | ||
| Designation | [DESIGNATION] | Department | [DEPARTMENT] | ||
| Date of joining | 2024-04-01 | PAN | [ABCDE1234F] | ||
| UAN (EPF) | [UAN] | ESIC IP number | [IP NUMBER or N/A] | ||
| Bank account (last 4 digits) | [XXXX] | Pay month (any date in it) | Oct 2026 | ||
| Days in month | 31 | Loss of pay (LOP) days | 1 | ||
| Paid days | 30 | ||||
| Earnings | Monthly rate (full month) | Earned this month | Deductions | Amount (₹) | |
| Basic | 25,000 | 24,194 | Provident fund (EPF) — employee | 1,800 | |
| Dearness allowance (DA) | 0 | 0 | ESI — employee | 0 | |
| House rent allowance (HRA) | 10,000 | 9,677 | Professional tax | 200 | |
| Conveyance allowance | 1,600 | 1,548 | Income tax (TDS) | 1,500 | |
| Special allowance | 8,400 | 8,129 | Loan / advance recovery | 0 | |
| Overtime | — enter earned | 0 | [Other deduction] | 0 | |
| Bonus / incentive | — enter earned | 0 | |||
| [Other earning] | — enter earned | 0 | |||
| Gross earnings | 45,000 | 43,548 | Total deductions | 3,500 | |
| NET PAY (₹) | 40,048 | ||||
| Net pay in words | Rupees Forty Thousand Forty-Eight Only | ||||
| Employer contributions (not deducted from pay) | |||||
| EPF — employer total | 1,800 | Leave summary (optional): opening [ ] · availed [ ] · closing [ ] Remarks: [ ] | |||
| of which pension (EPS) | 1,250 | ||||
| of which EPF account | 550 | ||||
| ESI — employer | 0 | ||||
| Cost to company this month | 45,348 | ||||
| Employee signature: ______________________ | For [COMPANY NAME] — Authorised signatory | ||||
| This is a salary slip template. Yellow cells: your data. Blue cells: calculated. | |||||
| Template — check with your payroll adviser. © Layers (layers.md) · CC BY 4.0 |
| Settings — rates used by the slip | ||
|---|---|---|
| Change them if your establishment’s rules differ. | ||
| EPF employee rate | 12% | Employee share on basic + DA (PF wage). |
| EPF employer rate (total) | 12% | Employer share, split into EPS and EPF account. |
| PF wage ceiling (₹ per month) | 15,000 | Statutory wage ceiling for compulsory PF contributions. |
| Restrict PF to the ceiling? | Yes | Yes = contributions on min(PF wage, ceiling). No = on the full PF wage. |
| ESI employee rate | 0.75% | Deducted from employees covered by ESI. |
| ESI employer rate | 3.25% | Paid by the employer for covered employees. |
| ESI wage ceiling (₹ per month) | 21,000 | Coverage limit used when “ESI applies” is Auto. |
| ESI applies to this employee? | Auto | Auto = if the monthly rate total is within the ceiling. Coverage is decided for the whole contribution period — set Yes/No if you know it. |
| EPS (pension) rate | 8.33% | Part of the employer share, on PF wage up to the ceiling. |
| ■ Sources and checks | ||
| EPF and EPS rates and the ₹15,000 wage ceiling: EPFO. ESI rates and the ₹21,000 limit: ESIC. | ||
| Professional tax is set by each State; enter the monthly amount for your State and slab. | ||
| TDS: enter the monthly amount from your payroll tax computation (old or new regime). | ||
| The four Labour Codes are in force from 21 November 2025 (PIB). See the “Wage check” sheet. | ||
| Template — check with your payroll adviser. © Layers (layers.md) · CC BY 4.0 |
| Code on Wages, 2019 — 50% check | |||
|---|---|---|---|
| Section 2(y): if excluded allowances exceed half of total remuneration, the excess is treated as wages. | |||
| Earning (from the slip) | Earned (₹) | Excluded from “wages”? | Note |
| Basic | N('Salary Slip'!C14) | No | Basic pay, DA and retaining allowance are wages. |
| Dearness allowance (DA) | N('Salary Slip'!C15) | No | |
| House rent allowance (HRA) | N('Salary Slip'!C16) | Yes | HRA, conveyance, overtime and statutory bonus are listed as excluded. |
| Conveyance allowance | N('Salary Slip'!C17) | Yes | |
| Special allowance | N('Salary Slip'!C18) | No | Allowances not in the exclusion list usually count as wages — check yours. |
| Overtime | N('Salary Slip'!C19) | Yes | |
| Bonus / incentive | N('Salary Slip'!C20) | Yes | |
| [Other earning] | N('Salary Slip'!C21) | No | |
| Total remuneration | SUM(B5:B12) | ||
| Excluded items | SUMIF(C5:C12,"Yes",B5:B12) | ||
| Excluded as % of total | IF(B14=0,0,B15/B14) | ||
| Amount added back to wages | MAX(B15-B14/2,0) | ||
| Result | IF(B17>0,"Above 50%: ₹"&TEXT(B17,"#,##0")&" may count as wages for PF, gratuity and bonus — check with your adviser.","Within 50% — no add-back.") | ||
| Template — check with your payroll adviser. © Layers (layers.md) · CC BY 4.0 |
| Helper for amount in words (0–99). Do not edit. | |
|---|---|
| 0 | |
| 1 | One |
| 2 | Two |
| 3 | Three |
| 4 | Four |
| 5 | Five |
| 6 | Six |
| 7 | Seven |
| 8 | Eight |
| 9 | Nine |
| 10 | Ten |
| 11 | Eleven |
| 12 | Twelve |
| 13 | Thirteen |
| 14 | Fourteen |
| 15 | Fifteen |
| 16 | Sixteen |
| 17 | Seventeen |
| 18 | Eighteen |
| 19 | Nineteen |
| 20 | Twenty |
| 21 | Twenty-One |
| 22 | Twenty-Two |
| 23 | Twenty-Three |
| 24 | Twenty-Four |
| 25 | Twenty-Five |
| 26 | Twenty-Six |
| 27 | Twenty-Seven |
| 28 | Twenty-Eight |
| 29 | Twenty-Nine |
| 30 | Thirty |
| 31 | Thirty-One |
| 32 | Thirty-Two |
| 33 | Thirty-Three |
| 34 | Thirty-Four |
| 35 | Thirty-Five |
| 36 | Thirty-Six |
| 37 | Thirty-Seven |
| 38 | Thirty-Eight |
| 39 | Thirty-Nine |
| 40 | Forty |
| 41 | Forty-One |
| 42 | Forty-Two |
| 43 | Forty-Three |
| 44 | Forty-Four |
| 45 | Forty-Five |
| 46 | Forty-Six |
| 47 | Forty-Seven |
| 48 | Forty-Eight |
| 49 | Forty-Nine |
| 50 | Fifty |
| 51 | Fifty-One |
| 52 | Fifty-Two |
| 53 | Fifty-Three |
| 54 | Fifty-Four |
| 55 | Fifty-Five |
| 56 | Fifty-Six |
| 57 | Fifty-Seven |
| 58 | Fifty-Eight |
| 59 | Fifty-Nine |
| 60 | Sixty |
| 61 | Sixty-One |
| 62 | Sixty-Two |
| 63 | Sixty-Three |
| 64 | Sixty-Four |
| 65 | Sixty-Five |
| 66 | Sixty-Six |
| 67 | Sixty-Seven |
| 68 | Sixty-Eight |
| 69 | Sixty-Nine |
| 70 | Seventy |
| 71 | Seventy-One |
| 72 | Seventy-Two |
| 73 | Seventy-Three |
| 74 | Seventy-Four |
| 75 | Seventy-Five |
| 76 | Seventy-Six |
| 77 | Seventy-Seven |
| 78 | Seventy-Eight |
| 79 | Seventy-Nine |
| 80 | Eighty |
| 81 | Eighty-One |
| 82 | Eighty-Two |
| 83 | Eighty-Three |
| 84 | Eighty-Four |
| 85 | Eighty-Five |
| 86 | Eighty-Six |
| 87 | Eighty-Seven |
| 88 | Eighty-Eight |
| 89 | Eighty-Nine |
| 90 | Ninety |
| 91 | Ninety-One |
| 92 | Ninety-Two |
| 93 | Ninety-Three |
| 94 | Ninety-Four |
| 95 | Ninety-Five |
| 96 | Ninety-Six |
| 97 | Ninety-Seven |
| 98 | Ninety-Eight |
| 99 | Ninety-Nine |