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How to calculate Tax on EPF Interest above 2.5 lakhs With Calculator

The interest on any contribution above Rs. 2.5 lakh by an employee to a recognized provident fund is taxable effective from 1st April 2021. This means that a person contributing up to Rs 20,833 a month to PF i.e has a basic salary of up to Rs 1.73 lakh a month will...

What is Annexure K of EPF? How is it related to EPS transfer?

Annexure K of EPF is a document that contains details of the EPF account. It is useful during the transfer of EPF from or to exempted private trusts. This article talks what is Annexure K, It’s usefulness. How to get it? Annexure K Annexure K is an internal...

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,...
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