I have a small sole proprietorship firm, and I have taken 4 new employees, i have 2 question
1. Do i have to cut tds on their salary (salary is less than 2.5L per year)
2. Do i have to split salary into basic hra etc? And provide salary slip?
Subhadeep G. (22 Points)
01 July 2022I have a small sole proprietorship firm, and I have taken 4 new employees, i have 2 question
1. Do i have to cut tds on their salary (salary is less than 2.5L per year)
2. Do i have to split salary into basic hra etc? And provide salary slip?
CA. ANKIT PANDYA
(CA)
(682 Points)
Replied 01 July 2022
Answer to both the question is No. not required.
CA Rashmi Gandhi
(Chartered Accountant)
(86220 Points)
Replied 01 July 2022
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