Post by: Athreya in Compliance HR Regulations
Industrial Relations Code 2019 The Industrial Relations Code is a law which lays down the procedure for the settlement of industrial disputes. It grants the power to conduct industrial investigations to a designated officer of the Central Government, who is…
Post by: Karthiga in HR Regulations Income Tax
Medical Allowance Medical Allowance is a fixed amount of money paid to the employees by an employer as part of their total salary to meet their medical needs. This allowance is provided to the employee every month whether the employee…
Post by: Karthiga in HR Regulations
Tamil Nadu Labour Welfare Fund Tamil Nadu Labour Welfare Board which is regulated under the Government of Tamil Nadu has proposed the Tamil Nadu Labour Welfare Fund for the welfare of employees and their dependents with a grant of Rs.5…
Post by: Sinduja Shankar in HR Regulations
Provident Fund for the Unorganized Workers State Assisted Scheme of Provident Fund for the Unorganized Workers (SASPFUW) is an initiative launched by the Government of West Bengal under the Labour Department to provide a scope of Provident Fund to the…
Post by: Chris John in HR Regulations
The Code on Occupational Safety, Health and Working Conditions 2019 After intense discussions with trade unions, employers and other stakeholders, the Minister of State for Labour and Employment, Shri Santosh Kumar Gangwar presented the Code on Occupational Safety, Health and…
Post by: Arnold Thomas in HR Regulations Insurance
Atal Beemit Vyakti Kalyan Yojana Atal Beemit Vyakti Kalyan Yojana is a new scheme introduced by ESI Corporation which came into effect from 16th December 2018. This scheme is mainly introduced to provide social safety net to the persons who…
Post by: Chris John in HR Regulations
Conveyance Allowance The income tax computation of a salaried employee is done by their employer for tax deduction purposes. Therefore, it is common for such an employee to not be worried about their salary structure and may have lesser knowledge…
Post by: Chris John in HR Regulations
Voluntary Provident Fund Employee Provident Fund (EPF) offers you the luxury of saving your hard-earned money for the future with ease. Every month, a certain amount would get deducted from your income and deposited in your EPF account. However, consider…
Post by: Chris John in HR Regulations
Employee Stock Ownership Plan Over the past decade, it is common to see various companies offering shares in the company to their employees. Employee Stock Ownership Plan, or most commonly known as ESOP, refers to a particular employee benefit plan.…
Post by: Renu Suresh in HR Regulations Income Tax
House Rent Allowance (HRA) Calculation House Rent Allowance (HRA) is an amount paid by the employer to his employee as a part of the salary. The purpose of providing house rent allowance is to meet the cost of living in…
