Akal Information Systems Ltd.

What is Attendance Regularization in Payroll Systems?

Payroll Glossary

It’s quite normal for employees to sometimes forget to punch in or out due to some technical glitch in their attendance device or...
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Top Attendance Management Software in India (2025)

Payroll Glossary

In a country like India, with a diverse workforce across multiple industries, manually keeping track of attendance is very time-consuming...
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What Is Allowances? Meaning, Types, and Benefits

Payroll Glossary

Allowances is a term that helps employees to manage expenses like travelling, cost of living, housing and more. An employee must have come...
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What Is Paid Leave? Types, Benefits & Importance Explained

HR Glossary

Understanding the concept of paid leave meaning is essential in today’s professional landscape. Paid leave is one of the most...
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Bonafide Certificate – Meaning, Format, Application & Uses

Employee Support

A Bonafide certificate is one of the most important documents for a student or an employer. The certificate is not only the piece of paper...
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Labour Welfare Fund in India – Benefits, Rules & State Laws

Payroll Glossary

The “Labour Welfare Fund” is a small deduction made from workers’ salaries to support them and their families. The LWF,...
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The Ultimate Guide to Payroll Automation – Benefits, Strategies & Tools

Payroll Glossary

Manoj, the HR manager, at a mid-sized company is hustling in making salary list in the last week of the month. And not only this, an HR...
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Sick Leave Application – Format & Samples (Free Templates)

Employee Support

Sick leave is a leave that allows the employee to take a break from working to recover from illness or any sickness. Along with the break,...
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Application for Bank Statement – Format in Word & Pdf (Download Templates)

Employee Support

An application for bank statement is a formal request that a customer submits to their bank to obtain a record of their financial...
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Form 49B – TAN Application, How to Download It

Business Enablement

Form 49B is an application form required for a Tax Deduction and Collection Account Number (TAN) per Section 203A of the Income Tax Act,...
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