Furthermore, it is recommended that management or the accounting department of any business take steps to protect and securely distribute the payslip information. In Malaysia, employers, by law, must provide employees with payslips which include personal data such as proof of earnings, tax paid, and any pension contributions. The employee needs to submit proof of all his medical expenses to claim the medical allowance. It contains detailed information about employee’s income,HRA, Bouns, TA, DA, taxes & deductions, etc. Sick leave and other types of leave: Sick leave and maternity or paternity leave may be itemized separately on your payslip. A Salary Slip or Pay Slip is a document which an employee receives from his employer.Tax file, pension file, and social security file numbers: If you are required to pay any taxes or contributions according to law, you will be assigned unique file numbers for the purpose of keeping records with the government agencies.The payroll number: Every individual is allocated a unique payroll number, often generated by the company’s payroll software.Net pay: If you have to pay a tax, you will see your net pay figure, which is the amount that you receive after tax is deducted.Gross pay: This is the initial payment before any tax has been deducted.Although the content on payslips can be done in different ways using different payslip templates, there are some fundamentals that must be included:
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