Dear All
I am working in a newly formed company.
My query is that:
We are planning to pay staff salary thru bank. Our Sales Executives are earning Salary + Commission for the sales. Salary is paid between 5 and 10 every month and commission
is paid by the end of month. So, if we are paying both thru bank, should the staff has to pay Income Tax, because their basic salary is Rs. 9000.00 and commission will achieve nearly 26000.00 per month.
Please advice whether we should go through bank or is there any other way to pay the commission to avoid income tax.
Thanks and regards
Nayeem Manzoor
I am working in a newly formed company.
My query is that:
We are planning to pay staff salary thru bank. Our Sales Executives are earning Salary + Commission for the sales. Salary is paid between 5 and 10 every month and commission
is paid by the end of month. So, if we are paying both thru bank, should the staff has to pay Income Tax, because their basic salary is Rs. 9000.00 and commission will achieve nearly 26000.00 per month.
Please advice whether we should go through bank or is there any other way to pay the commission to avoid income tax.
Thanks and regards
Nayeem Manzoor