If an employee has been sanctioned Leave without pay for a period of one year and the LOP is inbetween a Financial Year, is it mandatory to generate '0' Pay Slip only reflecting the statutory deductions made in that financial year?
Thank you all in advance
Vidya
From India, Bangalore
Thank you all in advance
Vidya
From India, Bangalore
Vidya,
Generating pay slips in itself is a health practice, regardless of the fact that employees need it or not. I would recommend continuing with the practice to avoid creating a precedence or exception, in an endeavor to maintain internal controls for risk mitigation. Your internal audit team will be happy to see a consistent policy being adhered to.
Best!
From India, New Delhi
22Generating pay slips in itself is a health practice, regardless of the fact that employees need it or not. I would recommend continuing with the practice to avoid creating a precedence or exception, in an endeavor to maintain internal controls for risk mitigation. Your internal audit team will be happy to see a consistent policy being adhered to.
Best!
From India, New Delhi
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Online payment of PF mandatory from 1.1.2016.pdf