You have confirmed that Salary is credited Electronically.Consequently signature of Employee on Copy of Pay Slip suffices
21st April 2018 From India, New Delhi
No separate signature over revenue stamp is required.
The Payment of Wages (Amendment) Bill, 2016
The Payment of Wages (Amendment) Bill, 2016 was introduced in Lok Sabha on December 15, 2016 by the Minister of Labour and Employment, Mr. Bandaru Dattatreya. The Bill amends the Payment of Wages Act, 1936.
Method of payment of wages: Under the 1936 Act, all wages must be paid either in coin or currency notes, or both. However, the employer may pay his employee’s wages either by cheque or by crediting it into his bank account, after obtaining his written authorisation.
The Bill amends the 1936 Act to permit the employer to pay an employee’s wages: (i) in coin or currency notes; or (ii) by cheque; or (iii) by crediting them into his bank account. The Bill removes the requirement of obtaining written authorization for payment of wages by cheque or through a bank account.
21st April 2018 From India, Pune