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What is Loss of Pay (LOP) in Salary? LOP Full Form

Payroll Glossary

LOP, alternatively known as Leave Without Pay (LWP), arises when an employee opts for an approved leave of absence from their work duties...
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Income Tax Act 1961 – Chapters, Objectives, Scope

Business Enablement

Facing your first encounter with income tax? You’re not alone in seeking clarity amidst the confusion. Essential to this...
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Performance Appraisal – Meaning, Types, Methods, & Benefits

HR Glossary

Whether you’re a solo entrepreneur managing your own business or overseeing a team ranging from 1,000 employees to just one,...
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What is Tax Deducted at Source (TDS)?

Business Enablement

TDS, or Tax Deducted at Source, refers to the amount deducted by an employer from an individual’s income, which is then remitted to...
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MSME Registration Online – Procedure, Documents Required

Business Enablement

Small and Medium Enterprises (SMEs), often referred to as MSMEs (Micro, Small, and Medium Enterprises), play a pivotal role in driving our...
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Income Tax Refund Status – How to Check Online

Business Enablement

Going through the intricacies of income tax returns can be a complex process, but staying informed about your refund status is crucial. The...
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Termination Letter – Format in Word & Pdf (Free Download)

HR Glossary

A termination letter is a crucial document that forms a part of the termination process. It is used to notify an employee of their...
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Employee Satisfaction – Meaning and how to ensure it

HR Glossary

Organisations are placing heightened significance on prioritising employee satisfaction as a pivotal factor for achieving success....
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Job Offer Letter – Free Templates

HR Glossary

Discovering the ideal candidate is no simple task. Often, you find yourself sifting through numerous resumes and evaluating multiple...
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Atal Pension Yojana – Details & Eligibility

Social Security

The Atal Pension Yojana, launched in the Union Budget of 2015-2016, emerged as a pivotal initiative to provide pension benefits to...
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