PricingNew
India’s most trusted HR & Payroll software. Simple & Affordable pricing for all businesses. Payroll, Employee and Attendance Module Payroll & Payslips Employee Management Self Service Employee and Attendance Import…
New Labour Codes in India: Impact on HR & Payroll Functions
The Indian government’s historic introduction of New Labour Codes marks a major shift in how labour laws are regulated, consolidated, and enforced across the country. While the intent is to…
Why is a Payroll application essential for an SMB?
Payroll essential for small & medium business
Any Small & Medium Business would like to focus on its fast & steady growth by automating the other important business processes, where administration is a huge task, the best…
What are TRACES?
what are traces
Traces Expanded abbreviation - TDS reconciliation analysis and correction enabling system It is a utility provided by the Income Tax Department for a Taxpayer and the deductor/collector to check online…
What are payments and deductions required for running a payroll?
payments and deductions required to run a payroll
Let’s first understand what the payments and deductions provided by the employer Payments: Any amount disbursed to an employee by the employer falls under underpayments. They include the following: Basic…
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…
Budget Highlights for the FY 2022-2023
budget 2022-23| sumopayroll
Highlights of Union Budget for the FY 2022-2023 We have a promise from the government for a steady & predictable tax system Demystified old & new tax regimes - benefit…
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…
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 of sickness, maternity, employment injury, and certain other…
What is attendance management system and ways to track employees attendance at work?
The attendance management system is a key process in the HR department. Tracking the attendance of employees is crucial for the reliability and profitability of the company. To track employee…