What is Labour Welfare Fund?
Labour welfare fund is a statutory contribution managed by individual state govt. the state labour welfare board declares the contribution amount and the contribution differ with every state. Labour welfare…
Employees Provident Fund -EPF | All You Need to known about EPF
The employees Provident Fund came into existence with the promulgation of the employee’s provident funds ordinance on the 15th November 1951. It was replaced by the employees provident fund act,…
Indian Factories Act – 1948
The objective of the Indian factories act -1948 are to regulate the working conditions in factories to regulate health, safety welfare, Annual leave , wages and working environmental at work…
What is gratuity? | How to calculate gratuity | Eligibility for Gratuity?
Gratuity is one of the components of your salaried income which you will get at the time of retirement. Recently limit of gratuity payment has been increased from Rs.10 lac…
ESIC Planning to increase wage limit
In order to provide maximum relief during the corona crisis, the Government of India is planning to increase the wage limit for ESIC coverage to Rs. 30,000 from existing wage…
Basic details about Human Resource Management – HRM
The human resource of an organization is one of the most important departments. It means without the help of the HR department an organization cannot develop an efficient team for…