Payslip Generator

A payslip (salary slip) is a document issued by employers showing the breakdown of an employee's salary — earnings, deductions, and net pay for a month.

EPF is mandatory for establishments with 20+ employees. Both employer and employee contribute 12% of basic salary. The employee's 12% is deducted from salary.

Professional tax is a state-level tax on salaried individuals. Most states cap it at ₹200/month (₹2,400/year). It's deductible under Section 16 of Income Tax Act.

TDS is calculated based on your total annual income, tax regime chosen (old/new), exemptions claimed, and investment declarations submitted to the employer.