A payroll administrator needs to do detailed planning of the whole payroll process. There is always work managing ongoing tasks that need attention and constant monitoring of changes to tax withholding, contribution, and other things to consider in the process. The payroll process can be split into...
18 July 2024 Allow Restricted Type EPF Contribution for Variable Earnings (Early Access) You can now opt to consider variable components in employees' salaries, such as bonuses, incentives, or overtime pay, for EPF contributions specifically when the PF Wage is less than ₹15,000. This can ...
The condition becomes a work of art in itself, a shadow version of the real creative act the victim is avoiding by expending so much care cultivating his condition. A victim act is a form of passive aggression. It seeks to achieve gratification not by honest work or a contribution made ...
Ans. You can invest in Apr-June 20 for FY21 tax savings. No restriction on this. It is self-declaration. Remember that the new Tax slabs have been introduced for FY2020–21 where you can choose to go for tax savings or not. Our articleOld or New Tax Regime to choose with Calculator...
Savings contributionrefers to the monetary value added to the employee’s CTC example EPF,Gratuity Let’s see an example explaining the salary. An arbitrary salary breaks up is given below. Note: salary structure varies from one company to another ...