No Tags Found!


kartiken
12

Dear All,
Recently I came to know through my friend that she wanted her salary certificate for previous financial years but since her company provided her salary in cash hence they were reluctant to give the same,and she has sought my supposrt in this regards.For me too this situation is totally new.
Kindly guide that if she was getting salary in cah cant it be shown in salary certificate and only cheque part can be shown since they have no objection in giving salary cartrtificate for the same.
Kindly inofrm if she can get salary certificate by the company and also what fear her company be having in giving the salary certificcate for the tenure when salary was paid in cash?
Cheers and rgds ALL

From India, Jalandhar
kartiken
12

hi friends, may i request ur noble thoughts and guidance in reference to belowmentioned please regards
From India, Jalandhar
dks.ica
35

Dear Kartiken,
The Company will have to issue the Salary Certificate irrespective of the fact that they are paying the Salary in Cash or Cheque.
Now the question is that whether they are showing the salary in the books or not, if they are showing the salary in the books then there is no problem to issue salary certificate to the employee.
Rgds,
Deepak Singh

From India, Mumbai
kartiken
12

HI DEEEPAK,
THANKS FOR UR SUGGESTIONS.MAY I KNOW IF THE COMPANY HAS THE RECORD IN BOOKS OF ACCOUNTS IRRESPECTIVE OF THE SAME IN CASH OR CHEQUE THEN THERE IS NO ISSSUE BUT IF THERE IS NO ENTRY OF THE SALARY IN BOOKS OF ACCOUNTS THEN WHAT CAN BE THE HARM TO COMPANY OF ISSUING THE SALARY CERTIFICATE TO THE EMPLOYEE?
REGARDS
(FOR OTHER FRIENDS SUGGESTIONS TOO AS THIS IS OPEN FORUM)

From India, Jalandhar
dks.ica
35

Dear Friend
Its not possible from the company part to issue salary Certificate to the employee if they are not showing the salary in books of Accounts. Because off the record they can not issue Salary Certificate, if the employee is showing that he has received that much of salary from the company, in that case if the company must have debit the salary in the books of accounts.
However it is managable and the accounts department can easily manage.
Rgds,
Deepak Singh

From India, Mumbai
A.J.KARANLAL
2

Dear Sir !

1. If an employee is paying in cash means, that individual is not on rolls of the company.

2. Company rolls employees means their salaries and payments (whatever it may be) are accounting in records.

3. A Cash payment employees account is not accounting in records.

4. That means, they are paying in miscellaneous expenses of company.

5. When an employee is being paid in Cash payments, the conserned is not eligible for any type of Company benefit.

6. When an employee is being paid officially, he is eligible for all Company benefits.

7. Some Managements thinking in future expenses, they will pay in Cash only to avoid all other company benefits which comes eligible to an employees if they are on rolls.

8. It is a foolishness by such employers paying in cash. They won't consider other unwanted expenses where as they think in employees.

9. But if any thing happens to such employees during the employment period, the Management especially the Principle employer is responsible for such incidents and he has to face legal issues.

10. Such employers will hesitate to issue Salary Certificates due to the reason as above referred. Hence Cash paid employees won't be issued Salary Certificates.

Karan,

Hyderabad,


From India, Hyderabad
kartiken
12

Thanks Dear Deepak and Karan,
Thanks again for guiding.Well Karan ur sugestions have made me understand more about the issue being faced by my friend.It was qualitative as well as quantitaive.(Are you into compensation and benefits since more than one year 8) .)
Take care friends and God bless

From India, Jalandhar
mahesh21us
Is it mandatory to mention the various allowances like HRA, Other Allowances, Medical Reimbursements in the Pay Slip if the employee is contracted and their salary is paid through cash on a term basis?
From India, Bangalore
malikjs
167

dear
i am not able to understands the explanation given my friends,if salary paid in cash than also certificate and besides that payslip is mandatory.basically as per payment of wages act salary has to be paid in cash ,only with the written consent of employee it can be paid in any other mode.
if salary paid in cash why certificate can not be issued.
regards
js malik

From India, Delhi
sandip13
1

Hi Deepak,
Can you please guide me that if the person is not on the company pay roll (mean not shown in the books of accounts), than his employer is not giving him the salary certificate "irrespective of whether he is get salary in cash or cheque"! right, (correct me if i am wrong)
Same way is their any problem to get the experience letter and releaving letter from the current employer (i mean to say that if the employee is not on the company pay roll, than also the employer can give the experience letter and releaving letter to the employee, if he want to quit the job?)
Please guide me on this as early as possible.
Regards,
Sandip Gajjar

From India, Ahmadabad
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.