Cash Payments salaries
This query is : Resolved
19 June 2020
Assess runs a private hospital.1.employees nos.4*20,000 =80,000/- per month 2. employees nos.4*18,000=72,000/- per month .
How to salaries paid producure cash mode for one month.
How to salaries paid producure cash mode for one month.
19 June 2020
Pay salary once in 15 days salary in cash payment should not exceed 10,000.
20 June 2020
YES, IF YOU PAY MORE THAN 10000 IN CASH IN A SINGLE DAY THEN THE AMOUNT WILL BE DISALLOWED AS PER INCOME TAX ACT. IT IS BETTER TO PAY SALARY IN INTERVAL, SO THAT IT COULD NOT REACHED THE LIMIT
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