Indian Payroll and Compliance
Many employees in India who pay rent exceeding ₹50,000 per month may unknowingly violate tax laws due to a lack of awareness about Section 194-IB of the Income Tax Act. This provision mandates that individuals (including salaried employees) must deduct and deposit 5% TDS (Tax Deducted at Source) on rent paid to landlords if the…
🔍 AI Tools Free? Why Do They Need Your Email? Data Harvesting in AI Tools: Protecting Yourself Online 🔍 Most AI tools are not free. They require users to provide their email addresses and other personal information in order to use the tool. This is because AI tools are expensive to develop and maintain, and…
Employee Stock Option Plans (ESOPs) have become a cornerstone of employee compensation, especially in startups and established companies. Designed to attract, retain, and reward employees, ESOPs offer a chance to become a company shareholder and benefit from its growth. Let’s dive into the mechanics of ESOPs and explore their tax implications. The calculation of ESOP…
Many employees in India who pay rent exceeding ₹50,000 per month may unknowingly violate tax laws due to a lack…
🔍 AI Tools Free? Why Do They Need Your Email? Data Harvesting in AI Tools: Protecting Yourself Online 🔍 Most…
Employee Stock Option Plans (ESOPs) have become a cornerstone of employee compensation, especially in startups and established companies. Designed to…
RSUs (Restricted Stock Units), ESOPs (Employee Stock Ownership Plans), and ESPPs (Employee Stock Purchase Plans) are all unique methods of…
1. Income Tax Slab, Tax Deposit, and Tax Deduction: 2. Marginal Tax and Onetime Tax: 3. New Tax Regime and…
Form 10D is a crucial document used to claim family pension, and it is an integral part of the pension…
New Delhi, 19th August, 2023 – The Income Tax Department has introduced simplified rules for calculating the value of rent-free…
Payroll Practices and Calculation in Excel – Live Payroll Training in Excel – Download free excel payroll add-ins provided by…
To start a new new business , a new establishment is full of challenges , even for the most experienced…
What is CTC ? Cost to company (CTC) is a term for total salary package of an employee , used…