Dear all member of the forum
Very Happy New Year
I have got a small problem regarding that what is the date of payment of salary in case of Account Payee cheque.
Please treat this very Urgent.
Regards
Amit Kumar Garg
From India, Mumbai
Very Happy New Year
I have got a small problem regarding that what is the date of payment of salary in case of Account Payee cheque.
Please treat this very Urgent.
Regards
Amit Kumar Garg
From India, Mumbai
Dear Mr. Amit Kumar Garg
What is your organisation's policy?
Incase you want to send salary to employees, who are located outstations, then preferable dd, which should be sent during 4th week(between 25th to 30th)
If it is local clearance then you may issue the cheque in a gap of 2/3 days time before closure of month.
L.Kumar
From India, Madras
What is your organisation's policy?
Incase you want to send salary to employees, who are located outstations, then preferable dd, which should be sent during 4th week(between 25th to 30th)
If it is local clearance then you may issue the cheque in a gap of 2/3 days time before closure of month.
L.Kumar
From India, Madras
Dear Mr. Kumar
Thanks for your reply.
Our organisation is a manufacturing unit and we are paying wages and salary before 7th day of following month.
But from this month company want to pay a/c payee cheques on 7th day of the following month to staff.
Than We want to clearify that what is the law says.
Because we are confused that 7th day of the following month is for the clearing date of the cheque or we can pay 7th day by cheque.
thanks & regards
Amit kumar garg
From India, Mumbai
Thanks for your reply.
Our organisation is a manufacturing unit and we are paying wages and salary before 7th day of following month.
But from this month company want to pay a/c payee cheques on 7th day of the following month to staff.
Than We want to clearify that what is the law says.
Because we are confused that 7th day of the following month is for the clearing date of the cheque or we can pay 7th day by cheque.
thanks & regards
Amit kumar garg
From India, Mumbai
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