Salary payment

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manisha sharma

manisha sharma (Querist)
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24 March 2017 All salary should be paid through cheque....no cash payment..from feb 2017 ??

Sandeep Dharar

Sandeep Dharar (Expert)
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24 March 2017 Yes, better to pay through electronic mode, i.e, salary account of the employees.

manisha sharma

manisha sharma (Querist)
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24 March 2017 Its better to pay through electronic mode... bt if we pay in cash it vll be disallowed ...???

Sandeep Dharar

Sandeep Dharar (Expert)
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24 March 2017 U may please visit the following link for news regarding the payment other than cash:-

https://www.caclubindia.com/news/payment-of-wages-by-cheque-or-crediting-to-bank-accounts--16002.asp

Yes, the amount will be disallowed if it is paid other than cash.

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manisha sharma

manisha sharma (Querist)
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27 March 2017 Sandeep g can u plz tell me that....what is the vat rate on ready made garment in delhi.......from f.y.2016 17

Sandeep Dharar

Sandeep Dharar (Expert)
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27 March 2017 Its 5%.

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manisha sharma

manisha sharma (Querist)
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27 March 2017 Ok .thank you sir........

manisha sharma

manisha sharma (Querist)
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27 March 2017 Sir actually i m little confused ...that earlier d vat rate on ready made garment was up to 5000 5% and 12.5% above 5000....so whether it has been changed to flat 5 % from 1.4.16?

Sandeep Dharar

Sandeep Dharar (Expert)
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27 March 2017 u MAY VISIT THE FOLLOWING LINK:-

https://www.hindustantimes.com/delhi/live-delhi-budget-to-be-tabled-today-aap-may-cut-vat/story-Ajdhs1AubWkdFJcQbp4c4N.html

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manisha sharma

manisha sharma (Querist)
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01 April 2017 Good noon.sir ......
Sir if a person deducting cash discount on
Invoice price than on which amt he should deduct that ....inclusive of vat or .on before vat price amt..

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