RamGoswami

"@Madhu Sir, I have a doubt. If only 120 people completed 5 years of service, why should the other 180 be given gratuity when they did not complete it? I did not understand this part." ... (more)

"Sir, where and how is a bonus paid recorded? I mean, what paperwork needs to be done. Should it be paid in cash or online, and how can we show that it is a bonus and not salary, advance, or something else? I hope I’ve gotten my point across; sorry for the bad English. Also, if someone whose salar" ... (more)

"Hello Sirs, Thank you for all your responses, but I was unable to understand the bonus concept, maybe due to my improper English and lack of knowledge on the bonus subject. I did not understand how a 7000 min wage arrives for a 16500-salary person. For example, if a 16500-salaried person is Mr. A an" ... (more)

"@ Madhu Sir, 1) The firm says it wants to change to the 2nd salary structure so that its gratuity liability is reduced since it’s based on basic pay. 2) Is there a problem for the firm if they have not given a bonus until now? Also, in which month should they pay the bonus now since it is thei" ... (more)

"Hi Madhu Sir, Thank you for replying so meticulously and enhancing my knowledge in this subject. Let me use an example to see if I understood this: This firm is Vijayawada-based. It gives a salary of 16500 to employees upon joining. The salary is reflected on their salary sheet, which they maintain i" ... (more)

"There is no CTC structure in the firm. Employees are given salary based on a monthly basis as finalized during joining. Now, the firm wants to start giving bonuses, so how should they start? The present salary sheet is maintained by the firm in Excel, which has only basic salary, no DA and no HRA, s" ... (more)

"The firm has ESI and PF. The firm had three employees in the PDF category who left the firm last month. Other employees are in the EPIC category only or above the 21k limit and were never part of PF since they had wages above 15k. Shall the firm file a nil return for PDF from now? Will the firm hav" ... (more)

"Thank you, Raghunath Sir, for your response. All my doubts seem cleared. However, what do you mean by legal requirements for salary sheets? Can you please explain in detail? The firm’s salary sheet basically contains basic wage, gross wage, net salary, payment date, and signature. Are there an" ... (more)

"Thank you, Raghunath Sir, for your response. The firm states that all communication is happening only via calls; hence, they are unable to record any proof of it. There is no written communication from the labor office side. The firm has been requesting time and is trying to obtain the papers asap." ... (more)

"Labor office is contacting the firm to provide an affidavit for an 11-year-old labor case, as they seem to have misplaced the firm’s filed affidavit. The reason being they need to file some sort of counter. The firm’s copy is with their lawyer, who says that since it’s a very old case" ... (more)

"@Madhu Sir, I thought above 21k salary, a bonus is not mandatory. Please explain if I am wrong, sir." ... (more)

"Sir, my questions are: 1) Are the documents maintained by the firm enough, or is the firm missing any documents that should be informed to them so that they can start maintaining them in the future? 2) Is the wage calculation structure correct? 3) Is HRA = 0 correct, even though the basic wage = gros" ... (more)

"ESIC issued a notice to the firm stating that contributions were not paid for three months in the year 2009, and the firm is now required to pay with interests and liabilities. The firm claims to have made the payment, but lacks records to prove payment for such old dates. What should the firm do?" ... (more)

"Firm keeps following documents of employees after salary disbursal every month: 1) Appointment letters 2) Signed wage slips 3) Signed salary sheet made in Excel with revenue stamp 4) Pays in cash, hence signed cash payment vouchers with revenue stamp 5) Resignation letter and FNF letter when an employe" ... (more)