One of my employees is currently working on a salary of 30,000 P.M. However, due to some family problems, he wishes to work for a reduced salary (off the records) in order to avail of ESIC benefits. Is it possible to do this? If yes, then how can we proceed?
Please help me.
Regards
From India, New Delhi
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Please help me.
Regards
From India, New Delhi
Acknowledge(0)Amend(0)
Falsification of Payroll Data: A Serious Concern
Falsification of payroll data is a criminal offense and can get both you and your company in trouble.
Considerations for Salary Adjustments
How do you plan to give the balance amount? How will you explain (in any investigation) why his salary was brought down? This is a route best avoided.
From India, Mumbai
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2510Falsification of payroll data is a criminal offense and can get both you and your company in trouble.
Considerations for Salary Adjustments
How do you plan to give the balance amount? How will you explain (in any investigation) why his salary was brought down? This is a route best avoided.
From India, Mumbai
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Esic Benefits.docx
Official gazatte notification for revision of ESIC contribution reduction July 2019 (1).pdf