If an employee has been sanctioned leave without pay for a period of one year and the LOP is in between a financial year, is it mandatory to generate a '0' pay slip only reflecting the statutory deductions made in that financial year?
Thank you all in advance.
Vidya
From India, Bangalore
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Thank you all in advance.
Vidya
From India, Bangalore
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Vidya,
Generating payslips is a healthy practice in itself, regardless of whether employees require them or not. I would recommend continuing with this practice to avoid setting any precedents or exceptions, and to uphold internal controls for risk mitigation. Your internal audit team will appreciate seeing a consistent policy being followed.
Best!
From India, New Delhi
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22Generating payslips is a healthy practice in itself, regardless of whether employees require them or not. I would recommend continuing with this practice to avoid setting any precedents or exceptions, and to uphold internal controls for risk mitigation. Your internal audit team will appreciate seeing a consistent policy being followed.
Best!
From India, New Delhi
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Sample of Pay Slip.zip
Pay slip.xls