- #Simple salary slip format how to
- #Simple salary slip format pdf
- #Simple salary slip format drivers
- #Simple salary slip format driver
- #Simple salary slip format plus
The salary slip forms the basis for income tax calculation. Employers are legally bound to issue salary slips to their employees periodically, as proof of salary payments to employees and deductions made.ĭOWNLOAD NOW Importance of a Salary Slip A basis for income tax payment It may be issued on paper or mailed to the employee.
It contains a detailed description of the employee’s salary components like HRA, LTA, Bonus paid etc and deductions for a specified time period, usually a month.
#Simple salary slip format plus
Plus it gives them a feeling of satisfaction to be getting a receipt of some kind for the good work they have done.A salary slip is a document issued by an employer to an employee. If they are applying for a loan, or for a part-time course, etc.
#Simple salary slip format driver
This document can be very useful to the driver in a number of ways. This is useful for both the employee and the employer as it acts as a piece of evidence. Having a salary slip will act as proof of employment so, when a driver will switch from one job to another or in the same job, it will help him to negotiate a salary hike with his employer. It builts the trust in the lender as it is an important document to avail loans, credit, mortgage, and other borrowings. Salary slip assures the lender that their lending will be repaid. It acts as proof of employment which makes it easier for them to avail all the facilities. Having a salary slip gives your driver access to various free or subsidized facilities provided by the government such as healthcare, medical aid, subsidized food grains, etc. Also if you are claiming tax deductions on paying for the driver, then these receipts are important. If you are part of a company reimbursing you for the salary paid to the driver then this is your proof of making this payment.
It becomes the basis of Income-tax calculation. You will be able to refer to the receipts to show how much was paid as salary for which month quite easily. Later on, there will be no question of I got lesser money than agreed, or I did not get my wages for two months, etc. This is a professional record-keeping method. But it is still wise to provide a salary slip for various reasons: Record purposes They ignore the importance of having a salary slip. In India, most of the employees are just focused on getting their money into their pockets. What is the use of giving a salary slip for a driver? It will help the employer to make sure there is no discrepancy from each side. Though it is not compulsory, unauthorized leaves might result in deduction of money from salary which needs to be mentioned in the salary slip. This gives authenticity to the payment made. It can be both digitally scanned or handwritten. It is the compulsory part of any proof document. There has to be a signature of both the employee as well as the employer. It will also include the driver’s name and payment month and date along with the acknowledgment of the employer who is making the payment. The monthly agreed salary that was mentioned before joining has to be mentioned by the employer. Here are the few important components necessary to make a monthly salary slip: Income Having a monthly salary slip will be beneficial to the employer as well as the employee to keep track on the financial expenditure.
#Simple salary slip format how to
It will be helpful if you are planning to take a print out of it and simply get your driver to sign it.ĭriver-Pay-slip- Download How to make a monthly salary slip?
#Simple salary slip format pdf
Here is an example of a PDF format of a salary slip. PDF version of a Driver Pay/Salary slip format
#Simple salary slip format drivers
Let’s look at some simple examples of driver salary slip format for drivers to whom you are paying monthly salary. It also helps the employee to stay aware of various components that are included in their salary. In that way, a person can negotiate and can make a wise choice of financial earning. Payslip will also help the employee to choose smartly while switching jobs in different companies and compare the salary offers. Salary slip help in keeping a track record of the expenses and monitor the monthly wages. It is important to have a well-planned salary format beforehand when recruiting any employee for the future. Using a good driver salary slip format will save a lot of headache later on for the employer. Being an employer of any service makes you accountable for all sorts of paperwork that needs to be done for your employees whether it is a blue-collar or white-collar job.