Payroll Learning Age Group is 25 Years to 34 Years in India, in which 89% Male and 11% are Female.
According to latest survey of IPTM, refer to YouTube Watch analysis reports and IPTM official website survey, following are result declared.
Question: What is the age group of Payroll Learners in India?
Answer: Younger students are moving in to Payroll Industry in India , there age group between 25 – 34 years old. more than 90% people are below 30 years age who are joining IPTM Payroll Training Program.
Question: What is the Male and Female ratio in Payroll Training?
Answer: In India, 89% Males in Payroll and 11% are Female. but IPTM learning center reports is different. Joining % of Female Student is 60% and 40% are male students from 2015 to 2019.
As you aware that this year from 16 TDS certificate both parts (Part A and Part B) download from traces only.
But, i would like update you that downloaded and generated form 16 Part B have some Misprint items.
Form-No 16 has a slight misprint. Point no 10 Deduction in under chapter VI-A (k) “Amount deductible under any other provision (s) of chapter VI-A [Note: Break -up to be prepared by employee and issued to the employee, where applicable , before furnishing of part B to the employee]”
Similarly, Point no 2 Less: Allowances to the extent exempt under section 10 (f) “Amount of any other exemption under section 10 [Note: Break-up to be prepared by employee and issued to the employee, where applicable , before furnishing of Part B to the employee]”
I would like suggest you please wait some time as we believe that traces will be update this soon so that we can get corrected once we submit new request for form 16. OR you can make a correction in pdf before signing it.
I have already uploaded a video and Excel utility to correct the form 16 in PDF though VBA Excel formulas on YouTube and 99Excel.Com.
In a historic decision, the Union government has cut the contributions made by employers and employees toward the health insurance scheme of Employees’ State Insurance Corporation (ESIC). The total contribution has been cut to 4 per cent from the current 6.5 per cent.
Here is the good news. After 4 months of issuance of draft rules for reduction in ESIC contribution rates have been reduced and notified. Rates notified are much better than the rates as was notified in draft rules.
Ministry of Labour & Employment has issued a Gazette Notification No G.S.R 423(E)) dated 13th June 2019 reducing the Employer contribution to ESIC to .75% from 1.75% and Employer contribution to 3.25% from 4.75% effective 1st July 2019.
Seems to have a gift both for employers as well as employees. In draft rules vide Gazette Notification G.S.R 121 (E) dated 15/02/2019 it was proposed to reduce Employee Contribution for ESIC to 1% from 1.75% and Employer Contribution to 4% from 4.75 %.