Hello Everyone Hope you all are doing great!! I want to make salary slip, But do not have any idea how to make it without deduction for ESI and PF. Thanks & Regards Ashu Sharma
From India, Ludhiana
Acknowledge(0)
Amend(0)
From India, Ludhiana
Acknowledge(0)Amend(0)
Considerations for PF and ESI Applicability
If PF and ESI are applicable to those employees, then it is not advisable to exclude them. Mainly because if you have statutory or internal audits by chartered accountants, they will easily catch that. They will report it as a qualification of opinion that can be detrimental to you and the organization.
In CA Auditing Standards, along with Ethics Standards, reporting on Statutory Dues is necessary. We report them irrespective of clients' requests. So kindly check if the employees are covered by PF or ESI. If not, then you can simply make a slip where Gross Salary is the final salary, deducting any TDS from Gross Salary.
From India, Kolkata
Acknowledge(1)
Amend(0)
180If PF and ESI are applicable to those employees, then it is not advisable to exclude them. Mainly because if you have statutory or internal audits by chartered accountants, they will easily catch that. They will report it as a qualification of opinion that can be detrimental to you and the organization.
In CA Auditing Standards, along with Ethics Standards, reporting on Statutory Dues is necessary. We report them irrespective of clients' requests. So kindly check if the employees are covered by PF or ESI. If not, then you can simply make a slip where Gross Salary is the final salary, deducting any TDS from Gross Salary.
From India, Kolkata
Acknowledge(1)Amend(0)
I am Arvindh. I am also working in an Indian domestic company for the past 2 years without ESI & PF deduction of Rs. 25,200. Can anyone suggest how to provide a salary slip for another new company that is asking for the last three months' salary slip and offer letter?
From India, undefined
Acknowledge(0)Amend(0)
From India, undefined
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Salary slip final.xls
Salary slip.doc