It will be extremely difficult to receive any discounts or relative benefits if you do not produce the respective record document. Income Tax Rebate: When you apply for the submission of income tax as per the old system, you need to submit the payslip in order to obtain the tax rebate as applicable. If you are a salaried employee, you cannot omit this step. When filing for Income Tax Returns or ITR, you need to submit the statement. The year accumulation of the record of the salary statement reflects what a person earns in a fiscal year and how much tax is applicable to them. Payment Income Tax: In very simple words, a Salary Record Statement is proof of one’s income from a single and prominent source of income. Check the ensuing information regarding the need of having a salary slip: The document is highly crucial for financial benefits and administration. Looking for AIMS Portal: RESS Salary Slip Importance of a Salary Record Statementīefore you request or receive your salary statement from the employer, you must know what difference it could make and what importance it holds. In case the salary slip is not issued to you by default, you can also request it from your employer as per your requirement and for the desired time duration. For instance, the document issued can be for a month or a quarter. The record slip is limited to a particular time period.
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