garima123
Hello Everyone, I have recently joined the CiteHR community. This is really a nice platform to interact.
I am working for a S|W co. and have a query - Does anybody need to sign on the Salary Slips or does it need any stamp (company stamp or Revenue Stamp) etc.

From India, Vadodara
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Chandan2ykpankaj
Manager - Hr
Ashra
Hr Diplma Student
Aby_vas
Dm - Ca
Yajeethehr
Hr Manager, Cibernet India Pvt. Ltd.
Guptaadi
Manager - Hr
Rakhee
Lecturer
Vijaykanth
Deputy Manager-hr
Garima123
Hr Executive
Vaidhee
Accounts Officer

yajeethehr
1

Dear Garima Sanghvi,
If you are giving hard copy pay slips every month, then it needs to be signed by either the appropriate authority authorised to sign all legal documents on behalf of your company or the finance & accounts head. Check with your management who can sign on these slips.
However, nowadays mostly in the new-age industries, pay slips are being given online by the finance department, in which case, it is not necessary to sign the pay slip.
Hope this answers your query.
Regards,
Samba Siva.

From India, Hyderabad
ashra
3

Hi,
Well, most of us (98%) in our company are given a hard copy pay slip but no acknowledgment is taken coz their salary is remitted to the bank and the bank send the confirmation which can be used as evidence.
The few minor employees who receive cash payments of course need to sign and hand over their acknowledgement of accepting the cash.
As long as there is hard evidence of the salary being paid, I donít think a stamp or acknowledgement is necessary.
Regards,
Ashra

From Sri Lanka
vijaykanth
Hi,
In our organisation, we have hard copy pay slips, been signed by the accounts manager and with a round seal.
Apart from that the same is updated online for their reference. However when an employee wants to submit the payslip for his personal use, he can take a print out and get it signed and stamped by the accounts dept for authorisation.
Vijaykanth

From India, Hyderabad
aby_vas
2

Pls refer Payment of Wages Act 1936 along with applicable state rules. A manager/supervisor is to be authorized by a resolution in order to pay the salaries before 7th of wage period in Companies having less than 1000 employees and by 10th in large companies. It is this authorized personnel that shall be responsible on Company's part in any defaults in payments and statutory compliances regarding various labour laws relating to payroll.
From India, Panipat
rakhee
Hi Garima,
Regarding your query, now a days as the salary of the employees are remitted in the bank one need not have to get the signature of the employees on the hard copy of the pay slip.But then it is still practiced nowadays.But if you pay the salary in cash to the employees it is necessary to get their signature.And regarding the revenue stamp issue if my memory serves right ,for cash payments above certain amount requires affixing of revenue stamps .
Rgds,
Rakhee


chandan2ykpankaj
11

Dear Garima,
Now a days salary directly credited into employee bank account and pay slips are computer generated needs to authorization by signing authority - self explanatory
Hope you satisfy and be in touch
Regards
Pankaj Chandan
[/b]

From India, New delhi
guptaadi
Dear Garima,
If you are providing the Physical Salary Slips than it needs to be signed by the Appropriate Authority with a Compnay's seal. But there is no need of revenue stamp on it as revenue stamp is required for making the payment and not for salary proof.
Since now a days salary slips are generally computerized and sent through Mail only so it doesn't require any signature or stamp.
Thanks
Aditya Gupta

From India, Delhi
vaidhee
Hello everyone, Whether any specific sections are to be referred for the Computerised Payslip need not have any signtures. Your comments are helpful for me regards
From India, Bangalore
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