HR Letters
HR letters are the formal means of communicating with employees, and the HR department is solely responsible for issuing these letters. These letters can vary depending on different scenarios throughout…
Importance of HR department in Organisations
What is an HR HR is the short form for Human Resources. The HR departments are responsible for managing all organizational tasks related to the workforce This department plays a…
Payslip Transparency – The Benefits of Income Documentation
What are Payslip: The word 'payslip' is a combination of two words: Pay: This refers to the amount of money an individual worker earns by contributing their services to their…
Rising Bharat – Budget Highlights for FY 2023-24
This article will discuss the budget highlights for FY 2023-24, presented by the Minister of Finance of India on February 01, 2023. This marks the fourth budget of the Narendra…
What is TDS, why it is deducted and to whom?
tax deducted at source
When a person pays certain types of income, such as salary, commission, rent, professional fees, interest, etc., they deduct a specific amount known as Tax Deducted at Source (TDS). The…
It is almost the end of the Fiscal year – Did you provide Form 16 to your employees
employer should provide form 16 to employees
Form 16/16A Form 16/16A is a mandatory TDS certificate issued by the employer to the employees. This certificate of deduction of tax at source and issued on deduction of tax…
Gross Pay Vs Net Pay – A small guide
gross pay vs net pay. What is the difference b/w them?
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 on salary and tax. The payroll process can…
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 annually before 15th June. Want to check what…
