Indian Salary Slip Format — Every Component Explained

An Indian salary slip typically has two sections: Earnings (the money your employer pays you) and Deductions (the amounts taken out before you receive your net pay). While the exact format varies by company, the core components are largely consistent across private and public sector employers.

Standard Earnings components include: Basic Salary (the foundation, typically 40–50% of CTC), House Rent Allowance (HRA, usually 40–50% of basic), Special Allowance (a balancing component to make up the remainder of CTC), Leave Travel Allowance (LTA), and Medical Allowance. Some companies also include a Vehicle Allowance or Education Allowance.

Standard Deductions include: Employee PF Contribution (12% of basic), Professional Tax (state-specific), TDS (income tax deducted at source), and sometimes Mediclaim premium for group health insurance. The difference between total earnings and total deductions is your Net Pay — the amount credited to your bank account each month.