i have a problem with advance to employees procedure our employer's driver is working on contract basis from one contracting firm now he wants 30,000/- rs advance for his brothers wedding and boss said give it to him advance form our institues accounts he order to issue cheque in his favour
but is it right to give an advance to him from institutes acount.
14 April 2012
Any entity have right to give loans / advances to its employees irrespective of whether that employee is on contract basis or permanent basis. There is nothing wrong in it.
CAclubindia
