Dear Team, I have a query, if the organisations comes under shops and establishments, can internship candidates get paid through bank?
From India, Mumbai
From India, Mumbai
Dear Hrd-Vk-Jewel,
It may be noted that "stipend" is paid to the apprentices under the provisions of "The Apprentices Act, 1961".
If you employ an "intern", then you will have to pay an "internship allowance".
It is advisable to pay all the payments through cheque or online fund transfer. The cost head for the payment of internship allowance will be "Employee Cost".
Thanks,
Dinesh Divekar
From India, Bangalore
7736It may be noted that "stipend" is paid to the apprentices under the provisions of "The Apprentices Act, 1961".
If you employ an "intern", then you will have to pay an "internship allowance".
It is advisable to pay all the payments through cheque or online fund transfer. The cost head for the payment of internship allowance will be "Employee Cost".
Thanks,
Dinesh Divekar
From India, Bangalore
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.
Sample Internship Offer Letter.doc
Directing vs managing-in an organisation..p pt