Salary Slip Format (India): Free Salary Slip Generator

Every employer must issue wage slips to employees under section 50(3) of the Code on Wages, 2019 (Act 29 of 2019), in the form and manner prescribed in the rules. The four labour codes, including this one, took effect on 21 November 2025. Employers of not more than five persons employed for agriculture or domestic purposes are outside sub-sections (1) to (3) of section 50, but must produce records when demanded.

Section 17 sets when wages must be paid, and the wage slip belongs with that payment. Daily-paid employees are paid at the end of the shift. Weekly wages are paid on the last working day before the weekly holiday. Fortnightly wages are paid before the end of the second day after the fortnight. Monthly wages are paid before the expiry of the seventh day of the following month. An employee who is removed, dismissed, retrenched or resigns, or whose establishment closes, must be paid within two working days.

Provident fund under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 is run by the EPFO. An employee of a covered establishment earning up to the wage ceiling must join the fund. The employee pays 12% of wages and the employer pays 12% of wages. For this purpose wages mean basic wages, dearness allowance and retaining allowance, if any (Ministry of Labour, 24 July 2023).

The ceiling was 15,000 rupees a month from 1 September 2014. On 16 September 2026 the Union Cabinet approved a new ceiling of 25,000 rupees a month with effect from 17 September 2026, so that employees drawing between 15,000 and 25,000 come within mandatory coverage under the EPF, the Employees' Pension Scheme and the Employees' Deposit Linked Insurance Scheme. The Ministry of Labour and EPFO are to complete the statutory and administrative steps for implementation, so payroll should follow the EPFO circular before applying the new figure.