Is this mandatory to provide payslips. If we don't issue the payslip to the employees, will this acquire any statutory compliane.
We do issue Form 16 for the staff annually and we get signatures for the salary credit in the register wherein the employees could be aware of the calculation.
If so, is it the task of an accounts team or hr. Kindly reply.
23 July 2009
No compulsion to issue payslip. It is better to issue as the employee can know what were his earnings and what was his deduction. It is the task of the HR to issue payslips.
CAclubindia
