HRA or house rent allowance is an integral part of employee salary and helps employees to avail tax benefits. This article discusses HRA calculation with an example.
An experience letter is an official document issued by the employer to the employee as proof of employment with the organisation. Download free experience letter template in word or PDF format here.
Form 16, also known as the TDS certificate, is a certificate that employers issue to employees. Read this blog post to know everything about Form 16.
An increment or a salary hike is the increase in the current salary of any employee. Learn how to calculate the salary hike percentage in India in this blog post.
ESI calculation is done on the basis of the wages paid to the employee. Learn how to calculate ESI with an example in this blog post.
A salary breakup structure is a structure in which the CTC is divided into various components to arrive at the in-hand salary of an employee. Click here to know more!
Read about the best features of human resource management software if you are planning to choose one for your business.
Variable pay is usually paid in the form of incentive pay, bonus, or commission. It is determined based on two main factors – the employee’s performance and the company’s overall performance.
Leave encashment is the amount of money an employee receives from an employer for their unutilised leaves. Read the blog post to know how to calculate leave encashment.
Perquisites or fringe benefits are perks that employees enjoy over and above their salary. This article discusses different types of perquisites, examples, and how to calculate taxes on perquisites with examples.