Dear all Pls tell what’s difference between Paycheck & Payslips With Regards Sandeep Everyday Starts with Some Expectation. But, Ends with Some Experience
From India, Bangalore
From India, Bangalore
Paycheck - It is the amount of salary one is getting while being employed usually at those establishments which work on a sole proprietorship or partnership firms etc & do not get into the legal aspects of a private limited company. Even though quite a few pvt. compnay also pay salary by cheques. At these establishments payment of salary & wages are paid through cheques which can be fortnightly or monthly & they are not very structured & do not have some statutory deductions. Lot many times it is also used as a jargon to express the amout of salary what one can draw or is drawing in a employment.
PaySlip - It is a documentary proof that a person is employed in a company & drawing a certain amount of salary where usually salary slips contains all the breakup of the salary under different heads as well as other heads like "income tax deduction", "PF deduction" etc.
From India, Delhi
10PaySlip - It is a documentary proof that a person is employed in a company & drawing a certain amount of salary where usually salary slips contains all the breakup of the salary under different heads as well as other heads like "income tax deduction", "PF deduction" etc.
From India, Delhi
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