The payroll process passes on to the means required to pay employees each pay period and includes employees’ hours worked, their pay rate, and conclusions. Processing payroll guarantees employees are paid dependent on their business status and other Department of Labor (DOL) prerequisites. We’ll cover the fundamentals of payroll processing…

We have provided the Direct Tax Concessions laid down in the Budget 2019 by the Union Minister acting Finance Minister Shri Piyush Goyal.  The Budget aims at providing relief to small taxpayers particularly the salaried class who are recognized to be the most honest class of taxpayers.  The current Government’s…

Looking for employee benefit schemes? This is relevant to you. What is New Pension Scheme (NPS)? NPS is a retirement benefit scheme, the fundamental objective of which is to offer social security to the country men based on the scheme that one ought to save a certain amount for his…

Corporate tax Tax Rate reduced from 30% to 25% – for micro, small and medium enterprises having turnover between 50 crore to Rs 250 crores (turnover to be considered is for financial year 2016-17). Education cess increased – The “education cess on income tax” and “secondary and higher education cess…