What is Leave Encashment? – Tax Exemption, Calculation & Examples
Salaried employees enjoy various types of paid leaves, including sick leave, casual leave, annual leave, and earned leave. The flexibility...
Relieving Letter – Format in Word & Pdf (Free Templates)
A relieving letter serves as a crucial document when transitioning between jobs, encapsulating vital details about one’s prior...
What is a Severance Pay? Meaning, Purpose and Benefits
The term “severance pay” carries significant weight. But what exactly does it entail? Whether you’re an employee facing...
Compensatory Off – Meaning & Rules
Compensatory off or Comp off is a leave an employer grants to an employee who works on a holiday or for extra working hours beyond their...
Form 15H – A Tool for Retirees to Manage Tax Liabilities
Form 15H serves as a self-declaration indicating that an individual’s income is exempt from TDS on specific types of income. This...
What is Grievance? – Meaning & Definition
Every workplace has its own set of rules and expectations that employees are expected to follow. However, when these rules are violated or...
Knowledge Management – Guide, Types, Use Cases & More
In any organisation, the lack of easily accessible knowledge can prove costly, consuming valuable time that could otherwise be dedicated to...
Change Management – Definition, Types and Benefits
Changes are important for a business to succeed. As a company grows, changes will occur, such as new products, mergers, work processes, and...
How to Fill Form 15G for PF Withdrawal
Form 15G is a form that declares that an individual’s income is below the tax limit and helps in getting an exemption on TDS on certain...
Voluntary Provident Fund – Benefits, Tax Exemption, Interest Rate and Withdrawal Rules
The Voluntary Provident Fund (VPF) is an excellent option for employees wishing to save for retirement. It offers higher returns, tax...
