What Is Attendance Regularization, and How Do You Regularize It?
It’s quite normal for employees to sometimes forget to punch in or out due to some technical glitch in their attendance device or...
What Is Allowances? Meaning, Types, and Benefits | 2026
Allowances is a term that helps employees to manage expenses like travelling, cost of living, housing and more. An employee must have come...
What is Salary Certificate? Meaning, Format in Word and Pdf
A salary certificate is a formal document that confirms an individual’s employment and income. Usually, one doesn’t require this, but...
What is Cost to Company (CTC)? Meaning, Calculation, Examples
Cost to Company, or CTC, can be defined as the annual expenditure incurred by a company to pay an employee. This amount combines the salary...
What is a Severance Pay? Meaning, Purpose and Benefits
The term “severance pay” carries significant weight. But what exactly does it entail? Whether you’re an employee facing...
Variable Pay – Meaning, Types, Advantages and Disadvantages
Employers may offer variable pay to incentivise and recognise their employee’s job performance. It’s an extra payment that may be given...
What is Dearness Allowance (DA)? – Meaning, Types, and Calculation
Dearness Allowance (DA) serves as a crucial cost-of-living adjustment provided by the government to public sector employees and pensioners....
Gratuity – Calculation, Eligibility and Taxation Rules
In employment, compensation extends far beyond just monthly salaries or hourly wages. Among the multiple components of an employee’s...
Advance Tax – Calculation & How to Pay Advance Tax Online?
Advance tax payment is a system where taxpayers can spread their tax obligations by making payments in multiple instalments throughout the...
