Have you ever wondered what your salary slip says? The terms in the slip can be difficult to comprehend even after working for years. However, all these terms hold significant importance and must be well understood by the employees. Apart from the basic salary, there are host of other variables including EPF (Empoylees’ Provident Fund), TDS, Professional Taxes, Education Cess, Travel Allowance, Medical Reimbursement,
BW Businessworld tries to decode the basic salary slip, lying in your mailbox, to make your life easier and keep you well informed.