Challenges of HR | Challenges of Human resource Department
Everything you need to learn about the challenges of human resource management. The world order is changing dramatically and is in the process of complete transformation. The impossible things of…
Deductions from Wages | Payment of Wages Act 1936
Section 7 of the Payment of Wages Act, 1936, outlines the deductions from wages permitted under the Act. An employer cannot make deductions of any kind except those specified under…
What is Dearness Allowance (DA)? Explanation | Types of DA | Calculation
Being a salaried employee you must have heard about dearness allowance as part of your salary. Your salary comprises a basic fixed salary and a few allowances. The total of…
What is HRA | HRA Calculation | Tax Claim
House Rent Allowance, or commonly known as HRA, is an amount which is paid by employers to employees as a part of their salaries. This is basically done as it…
The interest relating to contribution in a provident fund
The notification issued by department of revenue (CBDT) dated 31st August 2021, the interest relating to contribution in a provident fund, exceeding specified limit of Rs.2.5 Lakh shall be part of…
What is Gross Salary | Explanation | Calculation
Salary is an amount paid to an employee in return for his/her work as specified in the job offer or service contract. But one must understand the various parts of…
Procedure for Surrender / Closure of EPFO and ESIC account by a company
The PF and the ESIC registration can be cancelled but can only be surrendered for its permanent closure. You need to apply before the ESIC and PF Commissioner from where…
EPFO Portals Not Working
EPFO internal working software update matter, It is week time now that EPFO is trying to modify and upgrade the internal accounting working software. It is learnt that when initially…
EPFO New Updates and Changes
EPFO New Updates and Changes (TDS, EDLI Family Benefits, E-nomination, PF Interest transfer) TDS Deduction Reduced Talking about the change in PF rules, on February 1, 2023, while presenting the…