My brother works in a company that doesn't deduct EPF or professional tax.
I have shared the salary slip in the attachment.
I want to know even if this is a valid salary slip and if it will be accepted by HR and background verification teams when my brother applies for MNCs in the future.
Kindly suggest
From India, Kolkata
I have shared the salary slip in the attachment.
I want to know even if this is a valid salary slip and if it will be accepted by HR and background verification teams when my brother applies for MNCs in the future.
Kindly suggest
From India, Kolkata
It is not mandatory that an employee should be subjected t deduction of PF. One can be an excluded employee. Similarly, profession tax can be deducted in one month in full, and it is not necessary that it should be deducted every month. But the salary slip should be a general document of salary which should be common for all the employees. Therefore, there should be available heads for deductions like ESI, EPF. Profession tax, TDS, other deductions. If you are not covered under ESI, the pay slip shall show "0" against ESI. Similarly, if the employee is not contributing to EPF, the slip will show "0" against EPF. The month in which there is no deduction for Profession tax, there can be "0" against Pt also. And a company which is paying gross salary of, say Rs 45000, per months should at least have TDS. Therefore, even though non availability of any deductions is not an issue, a pay slip lie that is attached will fail to give genuinity of having received the said amount as salary. Very simple, when you make a pay slip you should apply some basic sense, though not in alignment to the prescribed form under the Minimum Wages Act or Factories Act or similar other Acts.
From India, Kannur
4242From India, Kannur
The applicability of EPF, ESI, PT, TDS etc will depend on the size of the establishment, no.of men employed, location, gross salary and other criterion. For a person drawing gross salary of Rs.45000 there may be marginal chances of TDS subject to IT rules. Whereas if the total manpower is 20 or more only EPF is applicable. Similarly if the employee draws salary more than Rs.15000 deduction of PF is not compulsory, except if he is already a contributing member of EPF. Similar type of criterion for ESI & PT. as per the respective acts.
W.r.t. to the format of Pay slip is concerned, there are a few formats prescribed under the Labour laws in respect of Shops & Commercial Estts, Factories Act and other entities in India which have to be issued to the respective employees every month in that formats. I don't think there will be any difficulties that MNCs will face in reading the one you have attached. But the question remains whether the format is as prescribed in the act/rules as applicable..
From India, Bangalore
W.r.t. to the format of Pay slip is concerned, there are a few formats prescribed under the Labour laws in respect of Shops & Commercial Estts, Factories Act and other entities in India which have to be issued to the respective employees every month in that formats. I don't think there will be any difficulties that MNCs will face in reading the one you have attached. But the question remains whether the format is as prescribed in the act/rules as applicable..
From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Salary slip final.xls
Salary slip.doc