Provident Fund – Introduction of New Form No. 11

The Employee Provident Fund Organization (commonly referred to as the PF Department), has notified (dated 26-Sep-2016) a form called New...

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Notification on new ESI locations

The Ministry of Labour and Employment, Government of India, has amended the Employees’ State Insurance (Central) Rules, 1950 by introducing...

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Issuing Form 16 to zero tax employees

Someone asked us a question on Form 16 recently. In case an employee has no tax liability and hence no...

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Employee Letters with QR Code

This post pertains to a new feature we have introduced in HRWorks, our online payroll software. If you are not...

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Double tax benefit when an employee changes job

The issue An employee changes job in the middle of a year and submits his investment details (for tax saving) to...

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TaxGenie – A Tool for Tax Saving

This post pertains to a new feature we have introduced in HRWorks, our online payroll software. If you are not...

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Taxability of accommodation provided by employer

Let us take a look at the tax rules governing accommodation provided by the employer – both when the accommodation...

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Form No. 12BB – Particulars of claims by an employee for TDS on salary

Employers seek information on and proof of investments/expenditure from employees who wish to avail tax benefits each year. The benefits...

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Form No. 24Q filing deadline change effective 01-June-2016

Currently (as of May 2016), the deadlines for Form No. 24Q filing are as follows: Quarter Deadline First quarter, ending...

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SBI Lending Rates for Loan Perquisite Calculation – 2016-17

State Bank of India (SBI) has published the reference lending rates for the purpose of loan perquisite calculation for the...

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