Dear Geeta, Consultants need to raise an invoice; and payment is made against the invoice. There is no payslip involved/required or to be given in such a circumstance. Regards Rahul
From India, Delhi
From India, Delhi
Pay slips are for employees. Consultant is not an employee. Thus, issue of pay slip is not attracted. Thanks, S. Sensharma
From India, undefined
From India, undefined
Based on the employment agreement, we can employ a person on a consultancy basis to minimize taxation, and they can pay the applicable percentage of TDS. Thus, we can issue a payslip, which can be referred to as a consultancy fee slip. There is no legal binding that prevents us from providing any statement to the retainers or consultants.
Thanks
From India, Madras
Thanks
From India, Madras
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