Payslip is much more than a mere document with salary components. The following are some of the important benefits provided by a payslip. A payslip forms the basis for income tax payment. It determines how much tax one needs to pay and how much refund can be claimed by the employee. A p...
（2） Remuneration 3 （3） Total Remunerations: Item 7 Amount （1） （2） Deduction 6 （3） Total Deductions:Gross Income Total Deductions Net Income ＊ Please pay attention to ‘Notes’ on reverse when completing receipt.────────────────────────────...
(2)Deductionsprescribedbylaworbyfinaljudicialdecision(forinstance,monthlydeductionof professionaltax); (3)Deductionsfordamagescausedbyemployeetoemployer,byfinaljudicialdecision; (4)Deductionsforcompensationemployeeowesemployerforterminationofcontractper paragraph5,Article72; (5)Deductionsforcontributionstoprivatepension...
No, theSalary slipsand salary certificates of employees are totally different. The payslip or paycheck is regularly issued to employees monthly, with the breakdown of their salaries, mentioning the deduction and taxes. In contrast, the certificate is the document that summarizes the employee’s incom...