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What are Employee Stock Options (ESOP), how are ESOPs taxed

Companies often reward their employees with their stock, either in the form of employee stock option plans (ESOP),Restricted Stock Units(RSU), or employee stock purchase plans (ESPP). This article covers ESOPs in detail. It explains What are Employee Stock Options,...

Employee Stock Purchase Plan or ESPP

Companies often reward their employees with their stock, either in the form of employee stock option plans (ESOP) or  Restricted Stock Units(RSU), or employee stock purchase plans (ESPP). Under the Employee stock purchase plan or ESPP, the employee has the choice of...

Teenager do Part Time Work? An Indian child worked in McDonald

We want our children to develop into mature, responsible, and productive members of society. One method used, in Western Countries, we have seen in movies and soap operas is teenagers doing part-time jobs. What are the benefits and drawbacks of teenagers working...

What are Casual Leave, Earned Leave, Sick Leave etc?

What are the different types of leaves that an employee in India can avail of?  Employees, across all industries in India, are entitled to a certain number of leaves per year aside from the holidays and days off. The number and type of leave depend on the industry,...

How these Money Mistakes can save or ruin you life

Mistakes are bad, many give us the opportunity to learn. But it is best to avoid them. Money mistakes lead to financial disasters. In this article, we will discuss some of the frequently done money mistakes along with how to avoid them. “A smart person learns from...

Understanding Employee Pension Scheme or EPS

As discussed in our article Basics of Employee Provident Fund: EPF, EPS, EDLIS 12% contribution from your side goes to EPF, but the 12% contribution which your employer makes, out of that 8.33% actually goes in EPS (subject to maximum of Rs 541 and after Oct 2014 Rs...
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