Everything You Need to Know About Your Salary Slip

salary

What is a Salary Slip? A salary slip is a document issued by an organization to an employee. It 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. It may be issued on paper or sent to the employee. Employers are lawfully bound to issue salary slips to their employees annually, as proof of salary payments to employees and deductions made. For most people, the value of salary slip is only when they apply for…

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