Issue on Full n Final Settlement
Dear All,
We have an employee whose salary was broken into 2phases to save on tax.
appointment letter was issued in his name and another one is his wifes's name. His wife is not an employee.
For eg x - CTC was 42000
Y(wife) - CTC was 29000
1)Just wanted to know now when the employee takes a leave will the deduction happen on both the above CTC's
2) At the time of full n final settlement if PL is left to be paid(15 days PL)
Now will the calculation be done only on X's CTC or on both the CTC's
3) If the employee has completed his service and his applicable for Gratuity will the calculation imply on both the CTC's or only on X's CTC
Dear All,
We have an employee whose salary was broken into 2phases to save on tax.
appointment letter was issued in his name and another one is his wifes's name. His wife is not an employee.
For eg x - CTC was 42000
Y(wife) - CTC was 29000
1)Just wanted to know now when the employee takes a leave will the deduction happen on both the above CTC's
2) At the time of full n final settlement if PL is left to be paid(15 days PL)
Now will the calculation be done only on X's CTC or on both the CTC's
3) If the employee has completed his service and his applicable for Gratuity will the calculation imply on both the CTC's or only on X's CTC