In India, receiving your salary in a joint account where you are the second holder is generally permissible, but it depends on your employer's policies. Some employers may require that the salary account be in the primary holder's name for ease of identification and compliance with internal procedures. If your employer agrees, you can receive your salary in a joint account.
However, for tax purposes, it's important to ensure that the income is clearly attributable to you, especially if your mother is the primary account holder, to avoid any confusion during tax assessments.
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Authors Of The Question
I AM GETTING SALARY IN MY MOTHER ACCOUNT WHERE I AM A JOINT HOLDER .IS IT FINE TO GET SALARY IN JOINT ACCOUNT WHERE I AM A SECOND HOLDER?
ADITYABIRLA
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1 Answers
4 months
2024-08-16T14:10:14+00:00 2024-08-29T13:38:16+00:00Comment
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