The payroll administration process stores manage and organize financial information about the company’s employees. The organization’s primary goal is to use it to help with on-time wage payments to employees. It also aids in the calculation of related issues like income tax, insurance, and social security. Since it is the simplest way to handle the … Read More “Payroll Management – Advantages” »
Introduction The RERA is an exceptional development that is applicable to real estate businesses through the Consumer Protection Act as it addresses any issue related to unfair trade practices or lack of services consumed by buyers. Therefore, RERA is a specific body established to arbitrate land disputes. Additionally, the act makes realtors responsible for their … Read More “Is RERA Complaint Registration Better Than The Consumer Forum?” »
A legal body that deals with real estate matters is the Real Estate Regulatory Authority. It provides assistance to home buyers while ensuring clarity in the deal transmission to developers. A major goal of RERA is to increase investment in the real estate sector. On 1st May 2016, the RERA Act went into effect. A … Read More “When And How To File A Complaint Under RERA” »
In India, the Taj Mahal, an eternal symbol of love, has survived for centuries despite the brutal force of nature. It was almost destroyed by pollution when this magnificent monument was built. A lawyer named M.C. Mehta filed a Public Interest Litigation seeking a court order to take action against pollution. Indian law has established … Read More “All you need to know about Public Interest Litigation (PIL)” »
By now, you’ve likely heard of the European Union’s crucial data privacy regulation, but may not fully understand the general requirements of GDPR — especially if your company operates outside of the EU. Considered the most significant privacy regulation in 20 years, this set of regulations — established in 2018 — is a substantial step … Read More “GDPR compliance regulations: The 6 biggest need-to-knows” »
Once the registration process for EPF Account is done, one would need access to EPF passbook, transferring the EPC account, EPF withdrawal process, which are detailed out in this article. How to Access EPF Passbook EPF passbooks include information about members and their employers’ contributions, as well as establishment IDs and names, members’ names, office … Read More “How Does EPF Transfer and Withdrawal Works?” »
Tax-saving schemes like PPF are widely used by investors who are looking to reduce their tax burdens. In addition to tax savings, PPF is a great choice for building a retirement corpus, as evident from the PPF interest rates history. We’ll take a closer look at how PPF interest rates are calculated before we reveal … Read More “What Are Some Tips to Earn Maximum Interest on PPF?” »
In July 2020, the Ministry of Micro, Small, and Medium Enterprises introduced Udyam Registration, replacing the former UDYOG AADHAAR process. Before, registering involved innumerable documents that had to be dealt with, which made the process quite dilatory. In comparison with its predecessor, the Udyam Registration process has been simplified to some extent by the ministry. … Read More “Benefits of MSME Udyam Registration” »
How does a simple employment contract work? An employment agreement is a process whereby a business hires an individual in exchange for a salary for a specific set of tasks and responsibilities they are expected to perform. As far as this context is concerned, the business is an employer, and the individual is an employee. … Read More “Employment Agreement – India” »
What Is a Partnership Firm? Partnership firms are firms in which more than one person manages a business under one entity. Individuals who enter into partnerships with one another are referred to as ‘partners’ and collectively as ‘a firm’ under the Income Tax Act. A partnership firm is an excellent choice for small businesses since … Read More “Filing of Partnership Firm Tax Returns” »
