A Payslip, also known as a salary slip, is an official document provided to employees that details their earnings, deductions, taxes, and net salary for a specific pay period. It serves as proof of income and is essential for loan applications, tax filings, financial planning, and employment verification. A standard payslip includes basic salary, allowances, overtime pay, bonuses, deductions (such as PF, ESI, and TDS), and final take-home salary.

Industries like manufacturing, retail, logistics, e-commerce, and facility management services (FMS) use automated payroll systems to generate digital or printed payslips for their workforce, ensuring salary transparency and compliance with labor laws. For businesses managing contract workers, gig employees, apprentices, and blue-collar workforce, accurate payslip generation helps in record-keeping, reducing payroll disputes, and ensuring employee satisfaction. With HR and payroll software, companies can streamline payslip distribution, enhance payroll accuracy, and improve workforce management.