Tracking your employees is sure hell of a task but there are many benefits that come with it! This blog goes over the benefits of performance appraisal and why is it necessary. What is performance appraisal? A performance appraisal is a regular review of an employee’s job performance [...]
“Why do I need an HR Software when the old, traditional HR System is working alright?” We are sure you have thought about this at least once while thinking about an HRMS. Yes, the old, traditional HR System is fine. But that’s all there is to it, it is just [...]
What exactly does an “End-to-end” Fixed Asset Management Solution mean? An end-to-end FAMS is the one which records the activity of the asset from budgeting and acquisition to disposal of the asset. Fixed assets are crucial for an organisation and so is its proper management and you should not take [...]
What is an “End to End” HR Solution you might ask. An End to End HR Solution refers to an HR System which records and tracks the data of employees since the very beginning or onboarding or since they were hired. It keeps recording the data of the particular employee [...]
“What is a good HRMS?” What makes an HRMS good depends of what functions it performs, and keeping things simple, here are the 5 basic and most crucial functions that are necessary for smooth running of an organisation which an “Good” HRM System must perform: – Payroll Processing [...]
“HRMS is beneficial of course, but isn’t it costly?” Well, today we are about to bust this myth! You must’ve heard a lot about how HRMS is beneficial for your organisation’s performance but along with that, an HRM system is also more cost-effective if you look past the surface, [...]
It is the “Tax Season” as people call it! And as a responsible citizen and taxpayer, you need to know a bit about taxes and their importance. So that is exactly what we are going to discuss in this blog! \ To understand the types of taxes, first we [...]
A payroll system is a software to automate the payroll process. These systems can be integrated with leave and attendance tracking systems and employee self-service portal and are used to keep track of employee’s working hours, calculate salaries, calculate taxes and deductions, print payslip, etc. Now, talking about an [...]
“Old Regime or New Regime? Which one should I choose?” Now that is the kind of panic we are going to tackle in this blog. After you are done reading this blog, you will know the differences between the two regimes and which one should you opt for to [...]
Form 26AS is a statement that provides details of any amount deducted as TDS or TCS from various sources of income of a taxpayer. It also reflects details of advance tax/self-assessment tax paid, and high-value transactions entered into by the taxpayer. Form 26AS is a statement that shows the below [...]
Here comes that time of year that both employees and employers dread. Yes, you guessed it right! The end of the financial year. It is probably the most stressful time that sends many employees into a frenzy. It is when employees need to calculate year-long taxes, they need to shell [...]
Wondering what is the “TDS” row in your salary slip? Or want to know more about what is TDS? If yes, then this is the blog you’re looking for! So without further discussion, let’s start by know what exactly is TDS? What is TDS? TDS is an abbreviation for [...]