Online Payroll Software

Payroll Software Can Help Reduce Time-Consuming And Costly Mistakes

Processing payroll is not as simple or as easy as it sounds. The complication of keeping accurate records of hours worked, computing wages, and ensuring that you pay overtime correctly is a time-consuming task. Including factors like medical benefits, time off and retirement funds arrangements may require even small businesses to invest many hours on…

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The Role Of HR Is Evolving, Now It’s Time For You Get Evolve

It was not so long ago that the administration of hiring, compensation, and benefits was the center of a human resources framework. With the growing need for companies to create a positive experience for employees to retain the better performers, human resources have to fully integrate with HR Software. HR is now focused on creating…

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Role Of HR Is Evolving

EPFO Introduces Real Time System in EPFO Default Management

EPFO has introduced the ECR 2.0 for online collection of remittances through multi-banking. After introduction of the Unified Portal system for remittance of contributions, real time monitoring of the remittance position of the establishments has become a reality. The salient features and sequence of action are as follows – An SMS alert shall be sent…

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New Scheme Launched Under ESIC

The Ministry of Labour introduced two new schemes for labour welfare ‘One IP-Two Dispensaries’ and ‘Aadhaar-Based Online Claim Submission’  on International Labour Day  (1st May 2017).   Aadhaar – Based Online Claim Submission scheme:   EPF Members who have activated their UAN and seeded their KYC (Aadhaar) with EPFO will now under this scheme be…

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Amendment in Advance Claim of Provident Fund (PF)

Earlier, advance withdrawal of PF balance could be made under Para 68J (Advance for Illness) and Para 68N (Advance for Handicap Support Equipment) Only after providing a certificate from a physician with employer approval. There was no other documents or information required. Under the EPF (Fifth Amendment) Scheme, 2017, Para 68J (Advance for Illness) and…

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Form 16 Due Date Extended For FY 2016-17

The deadline for employers to provide Form 16 to their employees for the year 2016-17 has been extended to June 15, 2017. Previously, As per Rule 31 of the Income Tax Act, the due date for Form 16 (Certificate for TDS deduction on salary) was 31st   May 2017. Form 16 is an important document for…

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