Raajesharya
Founder And Mentor @ Ethical Business Strategists

Thread Started by #vidya vachaspathi

If an employee has been sanctioned Leave without pay for a period of one year and the LOP is inbetween a Financial Year, is it mandatory to generate '0' Pay Slip only reflecting the statutory deductions made in that financial year?
Thank you all in advance
Vidya
3rd March 2017 From India, Bangalore
Vidya,
Generating pay slips in itself is a health practice, regardless of the fact that employees need it or not. I would recommend continuing with the practice to avoid creating a precedence or exception, in an endeavor to maintain internal controls for risk mitigation. Your internal audit team will be happy to see a consistent policy being adhered to.
Best!
3rd March 2017 From India, New Delhi
As mentioned by Raajesharya it is a good practice to generate payslip with 0 attendance, but since there is no salary I hope there will not be any statutory deduction too.
3rd March 2017 From India, Ahmadabad
Reply (Add What You Know) Start New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)





About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2017 Cite.Co™