A document detailing an employee's earnings, deductions, and net pay for a given pay period.
A Payslip (also called a salary slip or pay statement) is a legal document issued to employees each pay period showing earnings, deductions, and net pay in full detail. In Pakistan, a standard payslip includes: employee name and ID, designation, pay period, basic salary, each allowance itemised, gross salary, income tax deducted (Section 149), EOBI employee contribution, PESSI/SESSI employee contribution, PF employee contribution, any other deductions, and net salary.
Payslips serve multiple purposes: they are required for loan applications, rental agreements, visa submissions, and personal tax returns. Employees should retain 12 to 24 months of payslips for these needs. Many Pakistani banks require 3 to 6 consecutive payslips to assess salary-based loan eligibility.
Legally, employers are required to provide payslips under the Payment of Wages Act 1936. Modern HR platforms generate payslips automatically each cycle, deliver them via email or a self-service portal, and allow employees to download historical payslips as PDFs. Peoplifi generates FBR-compliant payslips in English and Urdu.
He downloaded his April payslip from the employee portal to attach with his home loan application.
Peoplifi handles Pakistan payroll, compliance, and HR workflows in one platform.
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