By your query it indicates that your Yearly Gross Pay is Rs.3,00,000.00. Then your employer should issue the Form 16 to you. It is mandetory. In the form the Tax Liability will be "0". But you should get Form 16 in any case.
But in case your need to apply for any Bank Loan then submit last (latest) three Pay Slips to Financing Bank, they should accept the same as official document for your Income. For supporting to that you can show the Bank Statement also to check the corrosponding credit as per Salary Slip
From India, Pune
As you indicated that your annual salary is Rs. 300000 ok you should be eligible for Form 16 from your employer if u have provided your PAN NO to employer and your employer has filed your details in the TDS return. If you have any query then please contact at the following information.
CA Chandan Singh