Can someone advise. Is salary slip a legal right of an employee? Can this be substantiated with any law/ statutory requirement? If appointment letter has been issued. Thanks & regards,
From India, Andheri
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4From India, Andheri
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YES,UNDER PAYMENT OF WAGES ACT IT IS NECESSARY TO ISSUE SALARY SLIP TO EVERY EMPLOYEE. SAKTI
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Yes, it is mandatory under the Minimum Wages Act and the Shops and Establishments Act. If a wage slip is issued and the salary is credited to the employee's designated bank account, it constitutes sufficient compliance. The signature of the employee on the wage register, affixing a revenue stamp, is not necessary under the Payment of Wages Rules as amended.
I hope I have addressed the query to the best of my knowledge and in my considered opinion.
Regards,
Dr. KSN Sarma
From India, Hyderabad
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I hope I have addressed the query to the best of my knowledge and in my considered opinion.
Regards,
Dr. KSN Sarma
From India, Hyderabad
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CTC SALARY SLIP FORM.xls
Salary slip.doc