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It is to be noted that different companies follow different formats of salary slips.

Following is a basic
template for a salary slip that includes:

 Company name, logo and address, current month and year


 Employee Name, Employee Code, Designation, Department
 Employee PAN/Aadhaar, Bank Account Number 
 EPF Account Number, UAN (Universal Account Number)
 Total Work Days, Effective Work Days, Number of Leaves
 List of Earnings and Deductions
 Gross Pay and Net Pay

Let’s understand the difference between cost to company and take-home salary with the following
illustration. 

Suppose, Mr. X’s CTC is Rs. 5,50,000. Below is the break of his cost to the company:

 Basic Salary: Rs. 2,75,000 (50% of salary)


 DA (Dearness Allowance): Rs. 82,500 (30% of basic)
 HRA (House Rent Allowance): Rs. 1,43,000 (40% of basic + DA)
 CA (Conveyance Allowance): Rs.19,200 (Rs. 1,600 per month)
 Special Allowance: Rs. 8,700 (based on performance)
 EPF Contribution: Rs. 21,600

Gross Salary is the amount before deductions of taxes and others. However, it is inclusive of bonuses.
overtime, etc. X’s gross salary is Rs. 5,50,000 – 21,600 i.e.
Gross Salary = Rs. 5,28,400. The net pay is calculated on this amount.

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