Hi,
I am working in a small software company as a .NET Developer. They are paying salary by hand (cash). We have no salary accounts, no PF account. Will it affect me when joining another company? What documents should we submit when joining a new company?
Thanks,
From India, Bangalore
Acknowledge(0)
Amend(0)
I am working in a small software company as a .NET Developer. They are paying salary by hand (cash). We have no salary accounts, no PF account. Will it affect me when joining another company? What documents should we submit when joining a new company?
Thanks,
From India, Bangalore
Acknowledge(0)Amend(0)
Dear,
PF and salary slip are a must for your future and next job. Yes, it will affect you when joining another company. If you want, you have many rights under labor laws. Contact the nearest labor/industrial inspector and higher authorities, and contact the regional Provident Fund Commissioner.
From India, Jabalpur
Acknowledge(0)Amend(0)
PF and salary slip are a must for your future and next job. Yes, it will affect you when joining another company. If you want, you have many rights under labor laws. Contact the nearest labor/industrial inspector and higher authorities, and contact the regional Provident Fund Commissioner.
From India, Jabalpur
Acknowledge(0)Amend(0)
Dear friend, there is no issue with providing your salary by hand, but PF and other statutory deductions should be made. You have not provided the employee count on the company's payroll, which is essential for all statutory returns. All statutory returns depend on this information.
From India, Pune
Acknowledge(0)Amend(0)
From India, Pune
Acknowledge(0)Amend(0)
Hi,
Thank you for the replies. It's a small software company with only 8 employees. They are not providing any PF (Provident Fund) facilities, and they are not deducting other statutory returns. Could you please suggest what I can do? Is working here useless? Will any other company accept my work experience from here? Please suggest something; my future depends on your recommendations.
Thanks.
From India, Bangalore
Acknowledge(0)Amend(0)
Thank you for the replies. It's a small software company with only 8 employees. They are not providing any PF (Provident Fund) facilities, and they are not deducting other statutory returns. Could you please suggest what I can do? Is working here useless? Will any other company accept my work experience from here? Please suggest something; my future depends on your recommendations.
Thanks.
From India, Bangalore
Acknowledge(0)Amend(0)
Hello,
It is a small company with fewer than 10 employees and hence is not covered under ESI or PF, so your service will not be affected. Moreover, you must be earning more than Rs. 25,000 per month, and in that case, none of the above components are applicable to you. If you wish, you can open your own PF account at any post office or in some selected banks.
Mahavir Mittal
From India, New Delhi
Acknowledge(0)Amend(0)
28It is a small company with fewer than 10 employees and hence is not covered under ESI or PF, so your service will not be affected. Moreover, you must be earning more than Rs. 25,000 per month, and in that case, none of the above components are applicable to you. If you wish, you can open your own PF account at any post office or in some selected banks.
Mahavir Mittal
From India, New Delhi
Acknowledge(0)Amend(0)
Its not a matter the company employees. The service which you worked in this company is not in calculation. So, try to join any other company which under benefits.
From India, Visakhapatnam
Acknowledge(0)Amend(0)
From India, Visakhapatnam
Acknowledge(0)Amend(0)
Dear Its not a serious concern that you have not PF account or Salary account.
From Pakistan, Lahore
Acknowledge(0)Amend(0)
From Pakistan, Lahore
Acknowledge(0)Amend(0)
Hi,
There should not be any problem in getting salary in cash format if you are getting a salary slip/receipt from the company as proof of your salary. Please ask for a salary slip in your company if you have not been receiving it (at least some proof on company letterhead).
Thanks,
Vikas
From India, Mumbai
Acknowledge(0)Amend(0)
There should not be any problem in getting salary in cash format if you are getting a salary slip/receipt from the company as proof of your salary. Please ask for a salary slip in your company if you have not been receiving it (at least some proof on company letterhead).
Thanks,
Vikas
From India, Mumbai
Acknowledge(0)Amend(0)
Dear Lokesh,
You don't need to worry about your PF. No one will ask you about it. However, having cash in hand means, do you have a payslip to show as you are an employee of that firm? If not, you may be earning black money. Can you provide any evidence of your income source? If your answer is no, then don't bother about the next employer; you are still in danger. If yes, there is no problem. You will receive an experience letter or relieving letter indicating the duration of your service from your present employer when you leave for the next firm.
Biju
From India, Calicut
Acknowledge(0)Amend(0)
You don't need to worry about your PF. No one will ask you about it. However, having cash in hand means, do you have a payslip to show as you are an employee of that firm? If not, you may be earning black money. Can you provide any evidence of your income source? If your answer is no, then don't bother about the next employer; you are still in danger. If yes, there is no problem. You will receive an experience letter or relieving letter indicating the duration of your service from your present employer when you leave for the next firm.
Biju
From India, Calicut
Acknowledge(0)Amend(0)
Biju has rightly said that if you are just taking cash, you may face a problem while filing your IT return. Confirm with your employer that they will be issuing Form-16 at the end of the financial year, wherein all your yearly earnings are shown. This Form 16 is also a valid document for showing to your next employer as your income proof.
Hope you have a proper appointment letter, and if so, a relieving letter issued at the time of this organization will be useful for you to prove your experience.
From India, Mumbai
Acknowledge(0)Amend(0)
Hope you have a proper appointment letter, and if so, a relieving letter issued at the time of this organization will be useful for you to prove your experience.
From India, Mumbai
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
Statutory Compliance of a Industrial or Commercial Unit.xls
Statutory-compl iance.pdf
Statutory Compliance.zip