It is a document which indicates the total salary. It can be a weekly, monthly or annually. This is a written proof that the employee has received his salary. It is very helpful for calculation of salary as well employee’s income. It is given by the employer to his employee. It is kept by both employer and employee for future issues or disputes. An employee can claim his salary in case of wrong salary certificate. Serial numbers of salary certificate templates help in calculation about the total number of employees. It also plays important role in keeping record of salary of all employees in an organization. Sometimes these certificate checked by tax department for confirmation of total salary.
It must contain some necessary information related to an employee’s salary break-up including the tenure. It is usually used for submitting to financial institutions sanctioning loan request made by salaried employee. A salary certificate will give a basic assessment of an employee’s repayment capacity prior sanctioning loan amount. It is able to express the financial position of the employee along with identity details, position and remaining years to retirement. Gross pay, allowances and deductions should be shown on the certificate of salary. Usually an employee is entitled to get his salary certificate once in a year.
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