Salary Slip for fixed salary without deducting any tax or PF?

akhi.ald
Dear Sir,
I have a employee and i will pay him 1 lac fixed in hand without deducting any tax or PF.
kindly suggest me how i can issue him salary slip, kindly share any format if available.
Thanks.
Srinath Sai Ram
Dear Akhi how you can pay 1 Lakh Salary to an Employee without deducting TDS? Is it consolidated Salary? Whether your Company is covered under EPF Act? Whether Profession Tax is applicable to your Company?
saswatabanerjee
If the employee is getting ₹1 lakh in hand per month then he has to pay income tax
Therefore your company will be liable to pay the same along with penalty for not deducting TDS
Alternate is that you gross up the salary to include tax and pay the differential to the government
akhi.ald
Dear Srinath sir,
Our company is cover under PF & ESIC act, but our advocate say me that we can not deduct PF & ESIC for Employee whose basic salary is more then 25000 thousand and professional tax is not applicable on U.P.
So that we paid him net 1lac salary net ( without deducting PF & ESIC & Professional tax) and kindly suggest me what rate is applicable to deduct TDS for the employee.
Thanking you.
Regards,
Srinath Sai Ram
Dear Akhi, Please update your knowledge in Labour Laws.ESI is not applicable for Employees whose Monthly Gross Salary is above Rs21,000/-
with regard to EPF ,you have to issue EPF Form # 11 to all EPF excluded Employees to determine their eligibility for coverage under EPF Act.EPF Contribution is payable on Basic+DA+VDA
Regarding TDS Deduction, please check with your Accounts department
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