During recent times it became fashion to pay salary and wages as per their covenience i.e delay payment. Even big companies dont priortize it assuming that it is a cost and burden to company.
My question is that is their any provision of delayed payment of interest because company is using it as working capital by unnecessary delaying on the other hand employee meet their day to day expenses through credit card or from their own savings/fds.
My question is that is their any provision of delayed payment of interest because company is using it as working capital by unnecessary delaying on the other hand employee meet their day to day expenses through credit card or from their own savings/fds.