Information about Professional tax, PF, LWF, Income Tax, Gratuity and other compliances.
Self-employment or hiring freelance contractors has increased over the last few years, and with that, the termination cases for contractors have also gone up. Especially after the pandemic, more companies…
The W8 Ben is a compulsory tax form issued by an established Internal Revenue Service (IRS). It is used to acquire the right information about a Non-resident Alien (NRA) taxpayer.…
If you're an independent contractor, or hiring one, you may be required to know an IRS Form 1099. It is used to report income paid to non-employees. Navigating the world…
Foreign independent contractors are self-employed individuals from another country who provide services to clients on a project or contractual basis. Unlike traditional employees, independent contractors are not employees of the…
This blog discusses the changes in tax slabs in India for FY 2023-24. The Government of India presents the Union Budget annually, outlining its revenue and expenditure for the upcoming…
After our previous blog on all the Holidays of the year 2023, we thought we should spend some time talking about restricted holidays. What is a restricted holiday and how…
In this blog, I will give you an in-depth understanding of private companies and also provide you with a detailed compliance checklist to help you make your work easy! What…
In India, Labor is a subject that falls under the Concurrent list. That means, both the Parliament and the State can enact laws on it. As per the government data,…
![The ultimate guide to filing form [GSTR – 9] online easily!](https://wp-asan-blog-media.s3.amazonaws.com/wp-content/uploads/2022/08/02103620/blog-covers-2240-%C3%97-1500px-43-300x174.png)
A registered taxpayer must submit the GSTR - 9 annually, as a statement or document. But what is this form? Are you a registered taxpayer? Here's the ultimate guide with…
Did you know that you'll have to pay a fine of up to Rs.1,00,000/- for non-filing of Form 24Q? That sure got your attention, didn't it? But before we look…
Personnel in an organization are paid a salary in return for the services they provide to the enterprise, it consists of different components such as CTC, Net Pay, Gross Salary,…
Probably the most important part of any business setting is its employees. Irrespective of what age group an employee might belong to, or the department - he/she deserves to take…
![[Section 80JJAA] How to get Tax Deduction for Employment Generation](https://wp-asan-blog-media.s3.amazonaws.com/wp-content/uploads/2021/02/18173833/priscilla-du-preez-XkKCui44iM0-unsplash-300x200.jpg)
Entrepreneurs rejoice! Now you can save money by hiring! The Income Tax Act, 1961 has a provision under Section 80JJAA, by which an additional tax deduction is offered to businesses…
Employees' State Insurance is an essential payroll compliance in India. In this blog today, I will cover necessary details about ESI. If you are running a startup or a small…
Employees Provident Fund is one of the most important retirals in India. We discuss the must know facts and interesting digitization insights here
Wondering how to calculate Professional Tax (PT) for running payroll? Are you confused about the payment and return filing of the professional tax? Drop all your worries as I have…
Payroll Software is one of the most essential tools for startups and SMEs. I’ll tell you why. Payroll falls under the monthly ‘top expenses’ in any startup. Now maybe you’re…