How does the free Indian salary slip generator calculate EPF and ESI?

The generator applies the statutory Employee Provident Fund (EPF) deduction of 12% on Basic Pay (standard statutory cap of ₹1,800/month on ₹15,000 ceiling). For employees with gross salary under ₹21,000/month, employee ESI is calculated at 0.75%.

Is this salary slip format valid for Indian bank loans and visa applications?

Yes. All 4 templates generate standard, audit-compliant payslips containing mandatory employee details, employer name & address, PAN, UAN/PF number, working days, itemized earnings, and statutory deductions.

Can I download the salary slip as a PDF without watermark?

Yes. The generated payslips are 100% free and have zero intrusive watermarks, ready for direct printing or saving as PDF on official letterheads.

⚡ 100% Free Tool • 4 Compliant Templates

Free Indian Salary Slip Generator

Generate compliant Indian payslips with EPF, ESI, Professional Tax (PT), and TDS auto-calculated. Choose your preferred template and download PDF instantly.

Payslip Details

Live Auto-Calculation

Select Payslip Template

Choose from 4 compliant Indian payslip formats

Corporate Modern

Acme Technologies Pvt Ltd

Tech Park, Hinjawadi, Pune, Maharashtra 411057

Payslip for the month of October 2026

Employee NameRahul Sharma

Employee IDEMP-1042

DesignationSoftware Engineer

Days Worked31 / 31

PANABCDE1234F

UAN (PF)101294820194

BankHDFC Bank

A/C Number•••• •••• 4821

Earnings

Deductions

Basic Salary₹25,000

HRA₹10,000

Conveyance Allowance₹1,600

Special Allowance₹8,400

EPF (Employee PF)₹1,800

Professional Tax (PT)₹200

TDS / Income Tax₹500

Total Gross Earnings:₹45,000

Total Deductions:₹2,500

Net Salary Payable (In-Hand)

₹42,500

Generated via MicroPlesk Payroll

Employer / Authorized Signature

Employee Signature

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Indian Payroll Knowledge Base

Frequently Asked Questions on Indian Payslips & Compliance

What are the mandatory components of an Indian salary slip?

Under the Indian Payment of Wages Act and Shops & Establishment rules, a valid payslip must state the employer's legal name & registered address, employee name & designation, employee code, UAN (Universal Account Number for EPF), PAN, total working days vs paid days, itemized earnings (Basic, HRA, Allowances), statutory deductions (EPF, ESI, Professional Tax, TDS), and final net take-home salary.

How is Employee Provident Fund (EPF) calculated?

EPF employee contribution is statutory at 12% of (Basic Pay + Dearness Allowance). If Basic Pay exceeds ₹15,000/month, employers have the option to cap the EPF contribution at ₹1,800/month (12% of the ₹15,000 ceiling limit) or deduct 12% on the full Basic salary based on company policy.

Who is eligible for Employee State Insurance (ESI)?

ESI applies to non-seasonal manufacturing units with 10+ employees and commercial establishments with 10 or 20+ employees (varying by state). Employees earning a gross monthly salary up to ₹21,000 are eligible for ESI. The employee contribution is 0.75% of gross wages, while the employer contributes 3.25%.

What is Professional Tax (PT) and how is it determined?

Professional Tax is a state-level tax levied by state governments (such as Maharashtra, Karnataka, Telangana, Tamil Nadu, and West Bengal). Slabs vary by state, generally ranging from ₹0 to a statutory maximum cap of ₹2,500 annually (typically ₹200/month, with ₹300 in February in Maharashtra).