Not at all advisable. Please don't take risk.
By showing higher salary than actual salary and by also transferring the higher salary you are paving path to the employee to demand it legally from you after 6 months also. Also having high salary proof in hand employee will look for better offer and will present pay slip and bank statement as proof of his current salary. No professional employer will allow it.
By showing high salary by any chance if the employee is required to pay more Income Tax also and after 6 months employee might ask you to refund the excess Income tax amount deducted? Will you be able to refund it. Also if Basic salary is increased employer needs to pay higher contribution to employee's PF account. How will you recover it ?
Primarily what is the assurance the employee will return back to the company the excess salary paid to his Bank Account.
Do not encourage such request from employees.
From India, Madras
DineshpadwaleThank you sir for your valuable advice. Thanks & Regards Dinesh
From India, Nashik
ommygautamon what basis you will increase his salary and reflect the same in salary slip as well credit to bank. either you have any increment of the employee ? by this way you are just inviting the problem to come in your life and make the hell. can you imagine the employee who is just requesting you now due to his own benefits can raise a claim for same increased salary. he may raise a dispute under the several authority for not paying the increased salary . So please don't act this . Because increasing salary will be impact in all other head of the salary/CTC payable. So how ill you manage it ?
From India, Rudarpur
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