Previous Earnings - Change of companies

[karthikravi]

Hi,

I need some guidance as to how previous earnings should be calculated and evidenced when showing payslips from multiple companies.

I do not have payslips for a couple of months from my previous organization rather a full & final settlement letter detailing the amount I'm entitled to receive. This includes gratuity, leave encashments and medical reimbursements. Can the entire amount be shown as earnings or do I need to do any deductions before calculating my earnings?

[silverline]

Hi,

I need some guidance as to how previous earnings should be calculated and evidenced when showing payslips from multiple companies.

I do not have payslips for a couple of months from my previous organization rather a full & final settlement letter detailing the amount I'm entitled to receive. This includes gratuity, leave encashments and medical reimbursements. Can the entire amount be shown as earnings or do I need to do any deductions before calculating my earnings?

You should get a letter from employer for missing payslips that shows your gross and net pay during that period and you can further substantiate it with your bank statements. Gratuity, leave encashment form part of your earnings but I don't think medical reimbursements can be counted towards earnings.

[karthikravi]

I have a covering letter from my previous company stating the net amount is my entitlement and the same has been credited to my bank account via cheque.

Re medical reimbursement it is part of my CTC so I believe it is my earning. The company would pay it back to me even if had not claimed it via receipts.

[silverline]

I have a covering letter from my previous company stating the net amount is my entitlement and the same has been credited to my bank account via cheque.

Re medical reimbursement it is part of my CTC so I believe it is my earning. The company would pay it back to me even if had not claimed it via receipts.

then it's medical allowance which is different to medical expenses Reimbursement. Expenses reimbursement is considered unearned source of income and not counted toward earning per policy guidance
medical allowance does counts towArds earnings

[karthikravi]

Dunno.. they have mentioned it as medical reimbursement only in my settlement letter....

And can I also show varied sources for my earnings.. like say payslips for a couple of months and a letter from the company. The reason being one of my payslip my previous org had made my net pay as zero adding in some tax deductions. I got paid for that month and it is specified on the pay slip as well but at the end net pay is shown as zero. I have requested for a letter for that month alone to be provided with the Gross, net amounts and bank credit date.

If I mention Feb - Payslip, March - Letter from company, April - Payslip, May - Payslip etc...

Will it cause any problem?