Format of Pay Slip

This query is : Resolved 

12 November 2008 Dear Sir
We are an IT company having an employee strength of 10, and paying Rs.7000pm as salary .Recently one of them asked for a pay slip for some vehicle loan purpose.Can anyone send me a copy of the same by which we can avoid tax.

12 November 2008 Pay slip is nothing but a statement listing the salary of employee under various categories (Basic, DA,HRA, Conveyance etc.,)and deductions made therefrom (towards ESIC, PF, TDS etc.,)and the net payment for any month.

12 November 2008 Thanks for your instant reply...but i am in need of a statement showing the same..is ther any specific percentages applicable for each heads




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