Hi everyone,
I have a query and want to know that is it possible to issue offer letter to any employee/candidate in which we can mention that his salary will be Rs.45,000 which he will receive Rs.35,000 via cheque and Rs.10,000 via cash.
In this case his salary slip will be given for Rs.35,000 or Rs.45,000.
Looking forward for your reply.
From India, Mumbai
I have a query and want to know that is it possible to issue offer letter to any employee/candidate in which we can mention that his salary will be Rs.45,000 which he will receive Rs.35,000 via cheque and Rs.10,000 via cash.
In this case his salary slip will be given for Rs.35,000 or Rs.45,000.
Looking forward for your reply.
From India, Mumbai
you have to issue Salary Slip for Total Salary paid to an Employee i.e. By Cheque & By Cash.please let me know the logic of paying Rs10,000/- by cash.When our Central Government is insisting for Digital Payment, you are resorting to cash payment.please share the reason for information of all concerned.please do not mention about payment of Salary in Cash in the Appointment Letter.
From India, New Delhi
610From India, New Delhi
You have to mention the salary which you are gonna give to the employee legally, cash transactions should be avoided and the same should not be discussed in the forum too.
From India, Ahmadabad
From India, Ahmadabad
Dear sir,
Your query is not clear to me. Let me re-frame your point, correct me if assumption of mine is wrong.You can pay expenses like Medical exp,Fuel and Car maintenance exp. in cash and salary cheque of Rs. 35 K separately. The cash components Rs. 10 K can be suitably bifurcated . And its not new thing across corporate. Employee can save Income tax on this Rs.10 K.Salary slip will be of Rs. 35 K while Salary / Income for tax PURPOSE will have both of his earnings together.
Regds,
From India, Delhi
Your query is not clear to me. Let me re-frame your point, correct me if assumption of mine is wrong.You can pay expenses like Medical exp,Fuel and Car maintenance exp. in cash and salary cheque of Rs. 35 K separately. The cash components Rs. 10 K can be suitably bifurcated . And its not new thing across corporate. Employee can save Income tax on this Rs.10 K.Salary slip will be of Rs. 35 K while Salary / Income for tax PURPOSE will have both of his earnings together.
Regds,
From India, Delhi
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