Form 49B – TAN Application, How to Download It
Form 49B is an application form required for a Tax Deduction and Collection Account Number (TAN) per Section 203A of the Income Tax Act,...
Alternative Minimum Tax – Definition, How it Works and Applicability
The government provides numerous tax benefits to encourage people to invest in various schemes. However, to ensure a steady revenue flow...
What is Employment Contract? Definition, Types and What to Include in One
An employment contract is a legally enforceable agreement that defines the terms and conditions of the relationship between an employer and...
ITR U – What it is and How to File it
It is essential for everyone who owes taxes to file an income tax return (ITR) to comply with the law and be transparent about their...
Informal Communication – Meaning, Types and Benefits
In the workplace, informal communication refers to the exchange of ideas, information, and messages between colleagues. This type of...
What is Form 16B? TDS Certificate for Sale of Property
Form 16B is a document that certifies the amount deducted at source during the sale of a property. This deducted amount is deposited by the...
What is Form 16A? How to Get and Fill
Form 16A is a certificate issued under section 203 of the Income Tax Act, 1961. This certificate is given to the person who has deducted...
What is Furlough? Meaning and How it Differs from Layoff
Companies facing economic difficulties may have to decide between furloughing or laying off employees. Furlough means a temporary pause in...
HR Audits – Meaning, Importance and Benefits
Today’s more fiercely competitive climate calls for agility, efficiency, and corporate compliance to stay ahead of the competition....
What is On-Payroll and Off-Payroll? Meaning & Definition
Companies in today’s dynamic and evolving workforce are adapting to new employment models to maximize operations, increase...
