The government of India has tried to implement various statutory frameworks that tend to provide welfare schemes to workers. One such payroll statutory component that offers many socio-economic benefits to…
At the core of every business lies its employees. But, have you ever wondered how much each employee costs? Rather, how each company manages payroll expenses? Well, that's where payroll…
Hiring freelance contractors has increased over the last few years, and with that, employers have started feeling the increasing need to know the correct procedure of terminating a contractor as…
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…
The workforce is the fuel for any business, as it helps run each component of the business smoothly. Irrespective of the industry, employees are the most important asset for any…
Payroll outsourcing may be on top of mind for many startup founders. As an entrepreneur, it might be overwhelming sometimes to handle payroll responsibilities. However, there are many options to…
Labour welfare Fund (LWF) is a statutory contribution that state authorities manage individually. This contribution is carried out for the benefit of workers and labourers in the unorganized sector. If…
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The Employees' Deposit Linked Insurance Scheme (EDLI) is provided by the EPFO. The EPFO new rule talks about an increase in the upper limit of the death claim to Rs…
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How do you ensure smooth employee offboarding? Goodbyes are never easy, but a good offboarding process can surely make it better and convenient. In this blog, I have written in…
As an employee, you must submit an investment declaration proofs before the end of the year (or by January latest). Now, what is an investment declaration? It is a document…
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HRA calculations confound the best of us. If you are responsible for running payroll in your organization, read on. In this blog, I will demystify this often misunderstood salary component.…
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…
Running payroll is a lot of hassle. If you are just starting out and your small business has less than five people, then you can use excel for it. MS…
Knowing how to pay contractors efficiently in your business has become essential in today's gig economy, with more and more companies hiring contract employees in specific roles. Especially in a…
If you have been searching for an online payslip generator software, you have come to the right place. Getting your salary at the end of a month is definitely one…
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…
TDS stands for Tax Deducted at Source. The government introduced it to collect income tax from the source of an individual's income. TDS is a measure against tax evasion. Hence,…
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…