Dear All,

I am a junior member need your help. Earlier I was into recruitment and have joined my present company last year. Since its a UK based company and the directors are from UK and US its difficult to manage things, as I am new in this field and do not have experience and those people do not know Indian laws that well. In our company we do not give pay slips as one of our director says that we have account in a Government bank and the pass book is good enough as a proof. Is this fine? Also we have a composite salary its not broken into different heads like basic, HRA, allowance etc, so to start issuing pay slips what are the requisites as I had a word with the Accountant, he said it is important to break up the salary, PF and ESI should be paid and we should have pension and gratuity plans in place. Can you please give me more information on this and let me know if the information that I have gathered is true or false.
Thanks.