What is a Salary Slip? A salary slip is a document issue by an organization to an employee. It also carries a detailed description of the employee’s salary components like HRA, LTA, Bonus paid, etc, and deductions for a specified time, usually a month. Employers lawfully attach to issue salary slips to their employees annually, as proof of salary payments to employees and deductions. For most people, the value of salary slips is only when they apply for a loan or a new credit card Otherwise, the difficult terms and…
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