7th Pay Commission brings good news for government employees and promises the same for those in the private sector. The 7th Pay Commission has recently increased the gratuity exemption limit to Rs. 20 Lacs (earlier the limit was Rs. 10 Lac) for all their government employees. Furthermore, the Ministry of Labour and Employment is in discussion…
The National Pension Scheme (NPS) has been gaining popular investment views from many of the tax saving investors. Keeping the same in line, during the recent budget of 2016-17, the government had announced the opportunity for all the subscribers of recognized ‘Provident Funds’ and ‘Superannuation Funds’ to transfer their accumulated corpus funds from their respective…
Tracking time is one of the simplest ways to keep track of employee productivity, especially for outsourced projects completed at home or offsite in a remote location. However, many employees still see time tracking as a problem. Some companies choose to go with a system that includes simply updated timesheets that are entered manually into…
