Every month after salary processing, Omnivoo generates a detailed payslip for each employee. This guide explains every component so you understand exactly how your take-home pay is calculated.
Accessing Your Payslip
- Log in to your Omnivoo employee dashboard.
- Navigate to Payslips in the sidebar.
- Select the month you want to view.
- Click Download PDF to save a copy.
See Downloading Payslips for more details.
Payslip Sections
Your payslip has four main sections:
2. Earnings
If you had unpaid leave (LOP), your earnings are prorated. For example, if the month has 30 days and you had 2 LOP days, you receive 28/30 of your standard salary.
3. Deductions
4. Net Pay
Net Pay = Total Earnings - Total Deductions
This is the amount credited to your bank account.
Example Payslip
For an employee with annual CTC of ₹12,00,000:
Your TDS deduction decreases if you submit investment declarations (80C, 80D, HRA exemption). Declare your investments early in the financial year to maximize monthly take-home pay. See Investment Declarations. Employer Contributions (Shown for Reference)
Your payslip also shows employer contributions that are part of your CTC but not part of your take-home pay:
These amounts are paid by Omnivoo on your behalf directly to the respective statutory bodies.
Common Questions
Why is my TDS different from my colleague’s?
TDS depends on your total income, tax regime (old vs new), and investment declarations. Two employees with the same CTC can have different TDS if their declarations differ.
Why do I see LOP deduction?
If you took leave without sufficient leave balance, those days are marked as Loss of Pay and your salary is prorated accordingly.
Where can I see year-to-date totals?
Your tax computation statement, available under Tax Documents, shows cumulative earnings and deductions for the financial year. 