Continuous advance salary

Can a company in a particular financial year give advance salary for 7 months continuously ?

Can a company give 100% of the employee's  salary as advances?

what is the standard rule to give advance salary for a company registered under mca? 

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Quick Summary
This discussion explores the possibility of a company issuing advance salary payments for up to seven months continuously within a financial year, including the option of providing 100% of an employee's salary as an advance. While the Ministry of Corporate Affairs (MCA) doesn't have specific rules governing advance salary frequency or amount, companies typically follow their own policies and best practices for transparency and fairness.

As per norms no

In general, there is no standard rule under the Ministry of Corporate Affairs (MCA) that governs the amount or frequency of advance salary payments that a company can make to its employees. However, there are certain guidelines and best practices that companies may follow to ensure that such payments are made in a fair and transparent manner.

Regarding the specific question of whether a company can give advance salary for 7 months continuously in a particular financial year and whether a company can give 100% of an employee's salary as advances, the answer would depend on the policies and practices of the company in question.

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