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What Is Form 16?

Wednesday, September 19, 2018, 4:36 PM

Form-16 is the TDS certificate that an employer issue to you when TDS is deducted by them. When an employer deducts TDS on salaries, the income tax act requires that a certificate must be issued by the employer, where the details of tax deducted and deposited is certified.
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What is Employee's Provident Fund?

Monday, September 3, 2018, 10:25 AM

Employee's Provident Fund (EPF) is a retirement benefit scheme thats available to all salaried employees. This fund is maintained and overseen by the Employees Provident Fund Organisation of India (EPFO) and any company with over 20 employees is required by law to register with the EPFO. It's a savings platform that helps employees save a fraction of their salary every month.
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What is the eligibility criteria for gratuity?

Sunday, July 29, 2018, 4:22 PM

An individual who has completed 5 years of continuous service in an organization is eligible for gratuity benefit. However, this is not applicable in the case where the employment is terminated due to death or any disability. The amount will be paid to the nominee or legal heir. An employee could leave his job for various reasons, after which receiving his gratuity.

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