Guide to Leave Encashment: Calculation, Taxation, Rules & Exemptions
Did you know: The limit for tax exemption on leave encashment was raised from Rs. 3 lakh to Rs. 25 lakh by the Finance Ministry in 2023? Employees have different
Common Mistakes Enterprises Ought to Avoid When It Comes to Payroll Management
Payroll Management is the process of calculating and disbursing employee salaries, taxes, and other benefits. It is an essential aspect of any enterprise. For a business, effectively payroll management means
5 Most Essential Payroll Trends to focus in 2022
Even as we cross the one-year mark of the COVID-19 pandemic, organizations are still inadvertently grappling with seamless employee payments. Making it evident that Payroll is still a business aspect
Mistakes to Avoid When Choosing an Enterprise Payroll Partner
According to the National Small Business Association’s Taxation Survey, a third of small businesses spend more than six hours a month dealing with payroll internally. That’s a lot of time
Your Comprehensive Guide To Accurate Payroll Processing
Running an accurate and on-time payroll is one of the most challenging and error-prone processes. With constantly changing regulations and compliance issues on the rise, payroll errors can quickly prove
6 Charts That Show Where Pay & Compensation Are Headed Post Pandemic
Termed as a ‘Pande-cession’, with COVID-19, the world is facing a double whammy! The Virus is still lurking around, and in addition to it, India & large parts of the
The Labour Law Conundrum
Fast-moving consumer goods major ITC was under attack recently reportedly for sending a notice to workers of its two food factories in Maharashtra and Karnataka, threatening “disciplinary action” and salary
The Third Dimension – Transparent Payroll Management
Every time there is a discussion on payroll management systems, organizations mandate that payroll must be accurate and that your employees should be paid on time with every payroll and
5 Challenges with Payroll Management and How To Tackle Them
Payroll Management seems like a simple task where you consolidate hours worked, calculate wages owed, and send out paychecks followed by updating the records. Yet, when it actually comes to
