Noun
a slip of paper included with your pay that records how much money you have earned and how much tax or insurance etc. has been taken out
Source: WordNetAlso, if your employer provides you perquisites such as accommodation and vehicle for usage, that would count in your CTC though they will not reflect in your payslip. Source: Internet
Other documents required are birth certificate, biometric form, Staff ID Card, one recent passport photograph, and one month payslip for those deactivated from the payroll. Source: Internet