Confused About Notice Period Buyout: Do I Pay Basic or Gross Salary? Seeking Advice

Hi Citehr Team, My name is Prateek Sadana. I was part of a reputed company. I got a better opportunity, and because of that, I had to leave that organization on an urgent basis. I marked my resignation email to HR. According to the policy, my notice period is two months, and according to HR, I have to pay two months of salary (gross earnings), which includes "BASIC, HRA, CONV, MED ALL."

Appointment Letter Clause

The appointment letter mentions that "Whereas the company reserves the right to request the service of notice or pay salary in lieu of your notice period. Waiver or payment in lieu will be at the sole discretion of the company."

I read a few of your articles, and according to those articles, I have to pay the Daily Allowance and Basic salary, but in my salary description page, the Daily Allowance isn’t mentioned.

So, do I have to pay my basic salary or gross according to the policy? If I need to pay my basic salary, please share a government-written article so that I can show it to my company’s HR as proof. Please help me out. I will wait for your quick response.

Regards,
Prateek Sadana

Hi Citehr Team, my name is Prateek Sadana. I was part of a reputed company. I got a better opportunity, and because of that, I had to leave that organization on an urgent basis. I sent a resignation email to HR. According to the policy, my notice period is two months, and according to HR, I have to pay two months of salary (Gross earning), which includes "BASIC, HRA, CONV, MED ALL."

Appointment Letter Clause

The appointment letter mentions that "Whereas the company reserves the right to request the service of notice or pay salary in lieu of your notice period. Waiver or payment in lieu will be at the sole discretion of the company."

I read a few of your articles, and according to those articles, I have to pay Daily Allowance and Basic salary, but in my salary description page, Daily Allowance isn’t mentioned. So, do I have to pay my basic salary or Gross according to the policy? If I need to pay my basic, please share with me a government-written article so that I can show it to my company’s HR as proof. Please help me out.

Regards,
Prateek

Hi Citehr Team, my name is Prateek Sadana. I was part of a reputed company. I got a better opportunity, and because of that, I had to leave the organization on an urgent basis. I marked my resignation email to HR. According to the policy, my notice period is two months, and according to HR, I have to pay two months of salary (Gross earnings), which includes BASIC, HRA, CONV, and MED ALL.

Notice Period and Payment

The appointment letter mentions that the company reserves the right to request the service of notice or pay salary in lieu of your notice period. Waiver or payment in lieu will be at the sole discretion of the company.

I read a few of your articles, and according to those articles, I have to pay the Daily Allowance and Basic salary. However, in my salary description page, the Daily Allowance is not mentioned. So, do I have to pay my basic salary or Gross according to the policy? If I need to pay my basic salary, please share a government-written article so that I can show it to my company's HR as proof. Please help me out.

Regards,
Prateek