Hi Seniors
I worked for a small software company. My salary was paid by cash 12500 only no payslip was given..Now I have been working in mnc. During joining i have provided the salary certificate and appointment letter and service letter of my prev. company
The Background verification team now asking for the last 3 months payslip..and relieving letter.
I have spoken to my prev. company they accept to give the same. but during that period no tds and esi had not deducted since it has 5-6 employees.
is it possible to ask them payslip without esi and pf deduction and let me know the difference between service letter and releiving letter
From India, Madras
I worked for a small software company. My salary was paid by cash 12500 only no payslip was given..Now I have been working in mnc. During joining i have provided the salary certificate and appointment letter and service letter of my prev. company
The Background verification team now asking for the last 3 months payslip..and relieving letter.
I have spoken to my prev. company they accept to give the same. but during that period no tds and esi had not deducted since it has 5-6 employees.
is it possible to ask them payslip without esi and pf deduction and let me know the difference between service letter and releiving letter
From India, Madras
As far as your new opportunity is concerned,
1. The previous company has agreed to give you the Payslip with applicable details. TDS and pf need to be addressed by the employer and you may have to file your returns at the end of finance year which is a different subject. ESI may not apply to you but the company should have provided group insurance or some health coverage which again is the employer botheration to provide details.
2. They are bound to give you the service certificate ( Letter indicating your tenure of employment,joining and relieving dates which authenticate your experience in the company and certifies your employment behavior), and relieving letter,( Letter which indicates that you are relieved from the services, as per agreed terms and all the dues are cleared and closed by the date of relieving).
Good luck for your new assignment with the MNC. Seems to be a good breakthrough.
From United States, Ogden
1. The previous company has agreed to give you the Payslip with applicable details. TDS and pf need to be addressed by the employer and you may have to file your returns at the end of finance year which is a different subject. ESI may not apply to you but the company should have provided group insurance or some health coverage which again is the employer botheration to provide details.
2. They are bound to give you the service certificate ( Letter indicating your tenure of employment,joining and relieving dates which authenticate your experience in the company and certifies your employment behavior), and relieving letter,( Letter which indicates that you are relieved from the services, as per agreed terms and all the dues are cleared and closed by the date of relieving).
Good luck for your new assignment with the MNC. Seems to be a good breakthrough.
From United States, Ogden
Since your previous company has agreed to give you the Payslip with applicable details; hold good gesture.
Do you have an appointment Letter from your previous company?
What it says: Whether you were as an employee or on a contract or providing the services to the company?
No issue if you were getting the amount as a consolidated salary.
If your payment termed as a salary having the divisions, may cause some issue to your previous company but not to you.
If you were treated as a service provider, they shall ask you the service bill on month basis and you must keep the photocopies of cheques with you or copy of the deposit slip if you have received the cash and same deposited to your bank account.
A verification of the cash received is very difficult for the individual; especially when the same amount had not been deposited into the bank account. Therefore even if a salary slip is issued to you could not prove the purpose of the Background verification. Since they have said for this for their satisfaction it is better for you.
In a cash payment, we can advise you to deposit the cash to your bank account and keep the deposit slip from bank (duly stamped by bank) safely for the verification. This is the best evidence for a cash payment received.
Whatever the case may be (employee/service provider) TDS/PF/ESI issues may cause problem to you company?
But it is also true, you are required to compute the income at the time of filing the return of income and if any tax liability rises, same shall be deposited by you.
From India, Jaipur
Do you have an appointment Letter from your previous company?
What it says: Whether you were as an employee or on a contract or providing the services to the company?
No issue if you were getting the amount as a consolidated salary.
If your payment termed as a salary having the divisions, may cause some issue to your previous company but not to you.
If you were treated as a service provider, they shall ask you the service bill on month basis and you must keep the photocopies of cheques with you or copy of the deposit slip if you have received the cash and same deposited to your bank account.
A verification of the cash received is very difficult for the individual; especially when the same amount had not been deposited into the bank account. Therefore even if a salary slip is issued to you could not prove the purpose of the Background verification. Since they have said for this for their satisfaction it is better for you.
In a cash payment, we can advise you to deposit the cash to your bank account and keep the deposit slip from bank (duly stamped by bank) safely for the verification. This is the best evidence for a cash payment received.
Whatever the case may be (employee/service provider) TDS/PF/ESI issues may cause problem to you company?
But it is also true, you are required to compute the income at the time of filing the return of income and if any tax liability rises, same shall be deposited by you.
From India, Jaipur
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.