Category Archives: payroll

PAYROLL

By Ranga Rao

  “Before computers were invented : Manual payslips generation was most cumbersome. Tallying employee hours was done manually in ledgers and checks were handwritten – This is a horror story for any HR team of 21st century”   Pulse HRMS based on Oracle cloud levels of efficiency, security  and availability, is complete HR solution for […]

What is ESI and What are its benfits ?

By Pavan Kumar

  Employees’ State Insurance (abbreviated as ESI) is a self-financing social security and health insurance scheme for Indian workers. The fund is managed by the Employees’ State Insurance Corporation (ESIC) according to rules and regulations stipulated in the ESI Act 1948. ESIC is a Statutory Body and Administrative Ministry is Ministry of Labour and Employment, […]

What is employee provident fund scheme and How much money is deducted as PF ?

By Pavan Kumar

  Employee Provident Fund is a retirement savings scheme that the government of India has mandated for all salaried employees. A minimum of 12% of the basic salary is deducted from your salary and deposited in the EPF account, which is maintained by the Employee Provident Fund Organization. All organizations in India that have more […]

Understanding Form 16 : HR’s Guide

By Pulse Admin

1) What is Form 16? Form 16 is a certificate issued by your employer that acts like a salary certificate for a financial year. Form 16 lists the annual salary the company paid you paid an employee and the amount of tax deducted during a particular financial year. It clearly mentions your gross income, net […]