Yes, you can issue salary slips, but as an organization, it is compulsory to make payment by cheque or direct credit to a bank account. Also, it is mandatory for every employer to deduct PF for employees drawing a salary below 15000/-.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute