Being in the accounting and finance profession, in last few days – I have received numerous questions from customers as well as friends and relatives about the recent currency ban on old 500 Rs. & 1000 Rs. notes. I have given below few important tips in this regard that
It is that time of the year where festivities are all around. Now that Navratri has come up, followed by Dassera and Diwali, it is common to see employees on a shopping overdrive. With increase in shopping, comes in the requirement for short term funds as well. Employees do
Confidentiality of payroll data is critical but at times it proves to be difficult to maintain it. Many companies take extra care to ensure the payroll information of their employees stays confidential and do not loose quality man-force to competitor. A leak in payroll records can result in discord
Companies need to operate and comply with the govt. tax regulations/frameworks in which they operate. For e.g. companies, depending on their size and nature of business may need to pay sales tax, VAT, Profession Tax, Provident Fund, Income Tax, Service tax etc. The rules and clauses pertaining to each
Across several organizations that we begin to work with, here are some of the common payroll issues that they have run into in the past. Let’s also talk about how to take care of them Considering updated tax declarations We all know that deducting tax, on behalf of employees
As entrepreneurs, we are always used to do multi-tasking, but when it comes to managing your accounts, it is best to engage with experts, as it can get very cumbersome and messy. Not complying with the regulations and even minor oversights can have serious consequences on a client’s business,
