No Tags Found!

kapilgv
Salary deposit to Bank is compulsary but some employees do not have their own Bank account. In this case is it ok to deposit their salary to other employee's Bank account with their authorisation?
From India, Mumbai
ashvan.2927@gmail.com
175

Dear Kapil,
Greetings!!!
Now a days its very easy to open a bank account in any bank , even PF / ESIC department will help you to open the bank accounts of your employees.
Other ways of salary deposit in others account will create problems to you and your organizations.

From India, Pune
nathrao
3131

No, do not get into this kind of short cuts.
The payment will not be recognised as due discharge of employers liability.
Besides tax liability will arise if he is tax payer.
Anyway it is not legally safe to accept someone's pay in your salary a/c

From India, Pune
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.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.