Are you looking for Certified translation of Payslip ?
We at Advika Translations, translate payslip or salary slip from all Foreign languages like: German, French, Dutch, Spanish, Russian, Turkish, Chinese, Japanese, Polish and Portuguese etc. to English language. Our certified translations can be further used for submission to Income tax Department, Banks, Insurance companies, Embassy, Government department in India and abroad for Official, Legal, Immigration purposes. Our services are available in all cities and states of India and have express services available in Delhi, Mumbai, Pune, Bengaluru, Hyderabad, Chennai, Cochin, Gurugram, Noida etc.
What is a Salary Slip?
A salary slip or as many people
call it the pay slip is a document which
does contain the complete details of the salary being paid to an employee along
with the deductions as well as taxes imposed. A salary slip helps an employee
understand about his gross salary along with the salary which was credited to
his account after making suitable deductions. Getting this slip an employee can
be sure about the right amount credited to his account, as well as the same
will clear any of his doubts regarding his salary if he has.
What Does A Salary Slip Contain?
Although different companies may
have different formats of salary slips which they send to their employees,
there are a few basic details which definitely are present. The first
information generally is the name of the employee along with his designation
and the account number to which the salary has been credited. After this, the salary slip does contain the gross
pay an employee is entitled to receive, i.e. the CTC which the company promised
a candidate per month. Then comes the deductions made from this salary such as
the tax and the PF deductions.
It would then contain the in hand
salary which has been credited to an employee’s account along with the
descriptions such as the Basic pay, House rent allowances etc. Other companies
might include information such as additional
payments done for overtime, the rate
per hour offered etc. however the basic template remains more or less the same.
Where is Salary Slip Required?
A salary slip is required at many places. Some of the areas
where it definitely is asked for include:
- Bank Loan:
During your loan application
process you will be required to present your salary slip along with other
documents for the verification process carried on by the bank. Based on your
current salary it is calculated whether
you would be able to repay the loan you have applied for. It is one of the most
critical pieces of documents which any bank would ask for from a salaried
professional. You might in some cases be also required to present an attested copy of same.
- Credit Cards:
If you apply for credit
cards you again will be required to present your salary slip only after which
bank will evaluate your profile and hence give you a credit card. This salary
slip is one important factor in determining the limit of your card, therefore, should be kept carefully.
- Future Employment:
Your salary slip is
also required in case you opt for a job change. The new company asks for your
old salary slip based on which they might offer your salary in your new
position.
Types of Salary Slips
Salary Slip Translation/Attestation
A salary slip as we mentioned has numerous uses. One which we didn't mention previously is it serving as the proof of monetary security you have during a business or education visa application. However you might be required to provide a translated salary slip in case the embassy where you have applied for visa demands. Advika Translation can help you with the completed embassy attestation of the slip as well as translation of same should you require submitting it in any foreign nation.
If you do have translation needs for your documents, and or require embassy attestation for same, feel free to contact us any time.
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