compliance
10 compliance
Payroll & Compliance – Important Legislative Updates in December!
ADP monthly chronicle – Dec. 2019Webinar Recording link on “Know Your Taxes Right, 2020”ADP has organized an informative webinar “Know your taxes right 2020: A Guide to 'How to plan and save your taxes'”.This webinar provides a detailed summary of all sections and allowable allowances, as well as the supporting documents required to claim such tax deductions. In addition to this, it explains about:Latest changes in Indian budget and their impact on tax calculation.How to manage your taxable income, all…
Posted by: The ADP Team 13 Jan 2020 | 0 Comments
Payroll & Compliance – Important Legislative Updates in November!
ADP monthly chronicle – Nov. 2019Know Your Taxes right 2020 webinarIncome tax is a tedious subject and with all rules and regulations put in place, the subject is becoming more complicated by the day.But now, ADP (India) brings to you a webinar on: Know your taxes right 2020This webinar will help you go through and understand:New Budget changes which happened this year and how the impact your tax calculationsThe different section (Chapter VI A) wherein you can invest and claim…
Posted by: The ADP Team 05 Dec 2019 | 0 Comments
Forfeiture of Gratuity – When and How an Employer can Forfeit Gratuity payable to an Employee
(Coffee Break Compliance Guide – Volume 55, by Subramaniam Anandan)Payment of Gratuity under the Payment of Gratuity Act, 1972 for eligible employees is mandatory and to be disbursed within 30 days of separation of such employees. It is a piece of social security legislation which cannot be denied for eligible employees and it shall be automatic upon any such separation. Forfeiture clause shall always be used cautiously by any employer.Provisions under the Act to forfeit Gratuity:As per the section 4(6)…
Posted by: The ADP Team 12 Sep 2019 | 0 Comments
Making any change in the Employment Service Condition? What is the mandatory requirement for an Employer, to conform?
(Coffee Break Compliance Guide – Volume 54 by Subramaniam Anandan)Before going further to the details on the captioned, let us understand which employment legislation protects the employees (workmen) from unlawful effect of change in service condition and more specifically what service condition is?Under Section 9-A of the Industrial Disputes Act, 1947, no employer, who proposes to effect any change in the conditions of service applicable to any workman in respect of any matter specified in the Fourth Schedule, shall effect such change,without…
Posted by: The ADP Team 05 Sep 2019 | 0 Comments
6 Questions About Managed Payroll: Process and Technology
Payroll is a significant source of risk for human resources (HR) departments, and complying with changing wage and hour laws can be challenging.The Indian Parliament passed the Code on Wages Bill 2019 which was Gazette Notified on 8th August 2019, to subsume existing laws related to workers remuneration and enable the Central government to fix a ‘minimum wage’ for employees. Organizations need to follow the new legislation closely to stay compliant.Managed payroll can help minimize the errors that result in…
Posted by: The ADP Team 04 Sep 2019 | 0 Comments