GST Registration is mandatory for certain businesses in India. Read this article to understand the eligibility criteria for GST registration in India.
According to the draft of new wage rules under the Code on Wages 2019, wages for calculation of PF contributions will be at least 50% of employee total pay.
Understanding reverse charge mechanism can help businesses surmise their transactions in a more comprehensive manner.
The GST Composition Scheme is ideal for businesses with a turnover of less than Rs 1.5 crore in a financial year. Read all about the composition scheme here.
Allowances are a part of employees’ CTC (Cost-to-Company) and are paid in addition to basic salary. Employees can use these allowances to save their taxes.
Deductions under Section 80 of the Income Tax Act can be claimed only if tax-saving investments are made, or eligible expenses are incurred.
Understand the applicability of Section 80D of the Income Tax Act and the tax benefits of group health insurance for employers and employees here.
Payroll software automates all things related to payroll processing and execution. These tasks involve salary automation, compliance payments, leave management, employee database management, etc.
The LTC Cash Voucher Scheme was announced by Finance Minister Nirmala Sitharaman on the 12th of October 2020. Let’s discuss this scheme in detail.
Mandatory implementation of GST e-invoicing begins from the 1st of October 2020 for the taxpayers with an aggregate turnover of more than Rs 500 crore.