Salary Slip Format in India: Form V Explained (2026)
Published
Under the Code on Wages (Central) Rules, 2026, every employer must give employees a wage slip in Form V, on paper or electronically, on or before the day wages are paid. Form V lists the employee's details, UAN, wage period, basic, DA and allowances, attendance, overtime, gross wages, PF, ESI and other deductions, and the net wages paid.
What the law says
- The Code on Wages, 2019 (section 50(3)) requires employers to issue wage slips.
- Rule 52 of the Code on Wages (Central) Rules, 2026 sets the form: Form V, issued electronically or in physical form, on or before payment of wages.
- These are the Central rules. States notify their own rules for establishments under them, so check your state's rules too.
Fields in Form V
At the top of the slip: date of issue, name of the establishment, address and period.
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| Field | What to fill |
|---|---|
| 1. Name of employee | As in your records |
| 2. Father's / Mother's / Spouse name | As in your records |
| 3. Designation | Current designation |
| 4. UAN | The employee's PF Universal Account Number |
| 5. Bank account number | Account the wages are paid into |
| 6. Wage period | The month or period this slip covers |
| 7. Rate of wages payable | a. Basic, b. DA, c. Allowances |
| 8. Total attendance / unit of work done | Days present, or units for piece-rated work |
| 9. Overtime wages | Overtime paid for the period |
| 10. Gross wages payable | Total before deductions |
| 11. Total deductions | a. PF, b. ESI, c. Others |
| 12. Net wages paid | Gross minus deductions |
| Employer / pay-in-charge signature | Needed only where the register is kept on paper |
Sample salary slip (format only, placeholders in brackets)
WAGE SLIP (Form V, see rule 52)
Date of issue: [date]
Establishment: [Company name]
Address: [Address]
Period: [Month Year]
1. Name of employee: [Name]
2. Father's / Mother's / Spouse name: [Name]
3. Designation: [Designation]
4. UAN: [UAN]
5. Bank account number: [Account number]
6. Wage period: [from date] to [to date]
7. Rate of wages payable
a. Basic: ₹[amount]
b. DA: ₹[amount]
c. Allowances: ₹[amount]
8. Total attendance / unit of work done: [days]
9. Overtime wages: ₹[amount]
10. Gross wages payable: ₹[amount]
11. Total deductions
a. PF: ₹[amount]
b. ESI: ₹[amount]
c. Others: ₹[amount]
12. Net wages paid: ₹[amount]
[Employer / pay-in-charge signature - if the register is kept on paper]
Check the PF line with our PF calculator, and see how CTC breaks into monthly pay with the CTC calculator.
Common mistakes
- Issuing the slip after wages are paid. Rule 52 says on or before payment.
- Leaving out UAN or the wage period.
- Showing only a total under deductions. Form V lists PF, ESI and others separately.
- Gross minus deductions not matching the net wages actually paid.
Frequently asked questions
Format for reference only, not legal advice. Check the state rules that apply to your establishment.