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What is a Severance Pay? Meaning, Purpose and Benefits

Payroll Management

The term “severance pay” carries significant weight. But what exactly does it entail? Whether you’re an employee facing...
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Compensatory Off – Benefits and Rules

HR Best Practices

Competitive employee benefits packages effectively attract and retain talented employees. Such packages typically include different types...
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Form 15H – A Tool for Retirees to Manage Tax Liabilities

Employee Support

Form 15H serves as a self-declaration indicating that an individual’s income is exempt from TDS on specific types of income. This...
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Grievance – Meaning and How to Address One

Business Enablement

Every workplace has its own set of rules and expectations that employees are expected to follow. However, when these rules are violated or...
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Knowledge Management – Guide, Types, Use Cases & More

Business Enablement

In any organisation, the lack of easily accessible knowledge can prove costly, consuming valuable time that could otherwise be dedicated to...
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Change Management – Definition, Types and Benefits

Business Enablement

Changes are important for a business to succeed. As a company grows, changes will occur, such as new products, mergers, work processes, and...
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Form 15G – How to Download Form 15G and Save Tax on Interest

Employee Support

Form 15G is a form that declares that an individual’s income is below the tax limit and helps in getting an exemption on TDS on certain...
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Voluntary Provident Fund – Benefits, Tax Exemption, Interest Rate and Withdrawal Rules

Employee Support

The Voluntary Provident Fund (VPF) is an excellent option for employees wishing to save for retirement. It offers higher returns, tax...
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Variable Pay – Meaning, Types, Advantages and Disadvantages

Payroll Management

Employers may offer variable pay to incentivise and recognise their employee’s job performance. It’s an extra payment that may be given...
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Business Account – Types, Benefits and How to Open One

Business Enablement

A business account is a bank account designed explicitly for business owners to handle their cash flow. Business owners must comprehend the...
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