Rising Bharat – Budget Highlights for FY 2023-24
The 2023 Union Budget of India was presented by the Minister of Finance of India on February 01, 2023. This was the
Articles
Why is a Payroll application essential for an SMB?
Any Small & Medium Business would like to focus on its fast & steady growth by automating the other important business processes,
What are TRACES?
Traces Expanded abbreviation – TDS reconciliation analysis and correction enabling system It is a utility provided by the Income Tax Department for
What are payments and deductions required for running a payroll?
Let’s first understand what the payments & deductions provided by the employer Payments: Any amount that is paid to an employee falls
What is TDS, why it is deducted and to whom?
TDS or Tax Deducted at Source is a specific amount that is reduced when a certain payment like salary, commission, rent, professional
It is almost the end of the Fiscal year – Did you provide Form 16 to your employees
Form 16/16A It is a mandatory TDS certificate issued by the employer to the employees. This certificate of deduction of tax at
Gross Pay Vs Net Pay – A small guide
It’s not easy to dive into the salary structure pool, especially if you’re an employee who isn’t aware of the latest changes
Budget Highlights for the FY 2022-2023
Highlights of Union Budget for the FY 2022-2023 We have a promise from the government for a steady & predictable tax system
What are Form 16, 16A, 16B, 26AS, 27A, 27B & how are they different?
Basically, these forms are TDS certificates, with the following differences Form 16 Form 16 is issued by the Employer to Employee. Issued
All you need to know about professional tax!
1. What is professional tax? It is a tax which is levied by the State on the Income earned by the way
How is ESI Calculated?
What is ESI? Employees’ State Insurance Act, 1948 (ESI Act) is social security legislation aimed at providing benefits to employees in case
Explained : Different ways to withdraw the provident fund.
What is Provident Fund? PF is a retirement savings scheme introduced by the Employees provident fund organization in 1952. All organizations having
