Hi,
I am working in a startup software company in Bangalore. The total number of employees in our company is 5. I have been with this company since May 2017 until the present (March 2018). When I joined, my salary was INR 300,000 per annum (take home). After 5 months, based on my performance, I received a 50% increment, bringing my take-home salary to INR 450,000 per annum, effective from October 2017 to date (March 2018).
We are unsure if the employer is deducting and paying our Professional Tax (Rs. 200) and TDS. However, all our salaries are directly credited to our personal bank accounts from the company account.
My concern is that the employer is providing us with incorrect payslips. Please see the attached payslips for reference.
Could anyone advise me on the potential impact on me as an employee if PT and TDS are not being handled by the employer? I would appreciate any suggestions on how to address this issue.
Thank you