Templates/Free Payslip Generator

Free Payslip Generator

Create professional employee payslips instantly — fill in the details and download as PDF.

Company Details

Employee Details

Earnings

Deductions

Your Company Name

Company Address

PAYSLIP

Pay Period

payslipTemplatePage.preview.empName
payslipTemplatePage.preview.empId
Designation
Department
Pay Date2026-05-01
Bank A/C
PAN
payslipTemplatePage.preview.workingDays0 | LOP: 0

Earnings

Basic Salary0.00
HRA0.00
DA0.00
Conveyance0.00
Medical0.00
payslipTemplatePage.preview.otherAllowance0.00
Total Earnings0.00

Deductions

Provident Fund0.00
ESI0.00
TDS0.00
Professional Tax0.00
Other Deductions0.00
Total Deductions0.00
Net Pay0.00

payslipTemplatePage.preview.employerSig

payslipTemplatePage.preview.employeeSig

Generated with Laabam.One — Free Payslip Generator

Everything You Need to Know About Payslips

A payslip (also called a salary slip or pay stub) is a document issued by an employer to an employee, detailing the components of their salary for a specific pay period. It includes gross earnings, deductions, and the net amount paid.

Key Components of a Professional Payslip

A complete payslip includes: employer and employee details, pay period, earnings breakdown (basic salary, HRA, DA, allowances), deductions (PF, ESI, TDS, professional tax), and the net pay. It serves as proof of income for loans, visa applications, and tax filing.

Frequently Asked Questions

What should a payslip include?+
A complete payslip must show: employee name and ID, pay period, gross salary, individual earnings (basic, HRA, allowances), all deductions (PF, ESI, professional tax, income tax), employer contributions, net pay, and payment method/date. Some countries require additional fields like superannuation or PRSI.
Is it mandatory to provide payslips to employees?+
Yes, in most countries. In India, payslips are required under various labour laws. In Australia, Fair Work Act mandates pay slips within 1 working day. In Ireland, the Payment of Wages Act requires itemised pay statements. In the UK, employers must provide payslips under the Employment Rights Act.
How are PF and ESI calculated on a payslip?+
In India: Employee PF = 12% of Basic + DA (max ₹15,000 base). Employer PF = 12% (3.67% to EPF + 8.33% to EPS). ESI: Employee 0.75% + Employer 3.25% of gross salary (applicable if gross ≤ ₹21,000/month). Professional Tax varies by state (max ₹2,500/year).
What is CTC vs gross salary vs net salary?+
CTC (Cost to Company) = total cost including employer contributions (PF, ESI, gratuity, insurance). Gross Salary = CTC minus employer contributions. Net Salary (take-home) = Gross minus employee deductions (PF, ESI, professional tax, income tax).
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