1. #1
    Unregistered

    Is it right to take a cash payment as salary?

    Will it be beneficial in tax saving that we take our monthly salary as cash and not by any current or saving account? Will it be detectable by the tax department or itís allowable. Please brief me about the norms and conditions regarding this.

  2. #2
    lekha207@sasi.ac.in Array
    Join Date
    Aug 2012
    Posts
    148

    Re: Is it right to take a cash payment as salary?

    hi friend,

    that depends on your interest and the companys polocies whether to give your salary as cash or cheque.

    so the norms and conditions all depends on your company .

    you can take salary every month depending upon the companys polocies.

    take care

    all the best

    regards srilekha

+ Reply to Thread

Similar Threads

  1. What is the payment of gratuity as per last drawn salary?
    By Unregistered in forum Professional Discussions
    Replies: 1
    Last Post: 15-04-2013, 10:30 PM
  2. Payment of salary through cash and at irregular time
    By Unregistered in forum Professional Discussions
    Replies: 9
    Last Post: 27-02-2013, 07:20 PM
  3. Payment of amount as salary when not working
    By Unregistered in forum Professional Discussions
    Replies: 11
    Last Post: 02-01-2013, 01:17 AM
  4. Overtime work payment not done along with the salary
    By Unregistered in forum Professional Discussions
    Replies: 5
    Last Post: 05-12-2012, 10:07 PM
  5. Replies: 1
    Last Post: 10-10-2012, 01:42 AM