Please guide me on how to show salary break up for 16000/-. ESI/PF is there.
Till now the firm had all employees below 11k salary and showed only (Basic+DA) + (HRA) = (Gross salary).
Example:- 10000+1000=11000/- , is this process correct?
Also, the firm prints this on paper and notes them down with revenue stamp and sign while paying salary instead of maintaining a wage register.
The firm agreed on changing this process but is worried regarding their past style of record keeping.
Till now the firm had all employees below 11k salary and showed only (Basic+DA) + (HRA) = (Gross salary).
Example:- 10000+1000=11000/- , is this process correct?
Also, the firm prints this on paper and notes them down with revenue stamp and sign while paying salary instead of maintaining a wage register.
The firm agreed on changing this process but is worried regarding their past style of record keeping.