Salary Certificate is a verification document issued to hand by employer to declare about his payment entered from his employment. It’s issued by an sanctioned person of an association on the letter head of the association. It signifies an association of the workers with that association and covers all the material information with respect to the particulars forming part of the payment similar as Basic Pay, House Rent Allowance, and other allowances and perquisites.

Rudiments of the Salary Certificate

The contents of the payment instrument may vary from association to association and hence below mention list is only reflective and not total in nature. It may contain fresh details other than the details

• Name of the employee along with the employee code.
• Date of birth and address of the employee.
• Name of the organization.
• Date of joining the organization.
• Department and present designation in the company.
• Basic Pay, Dearness Allowance, House Rent Allowance, Other Allowances etc.
• Deductions i.e. Employee Provident Fund Contribution, ESIC deductions, Insurance, Loans etc.

Difference between payment instrument and payment slip

Frequently the two terms payment instrument and payment slip sound analogous, but they’re different terms. The introductory point of isolation is the time frame. Payment slip is issued for a month, say March 2020 whereas payment instrument may be issued for a specific period which may be as needed or a full fiscal time or the required period. It can be your entire term in the company also.