7 Common HR Issues Most Companies Need To Consider
If you have ever worked in HR, you know the numerous jobs and obligations that must be balanced. This can occasionally be intimidating for smaller teams or businesses with fewer resources and employees. Daily challenges for an organization’s HR department include finding new employees, keeping and motivating the ones they already have, and offering perks and training...
How To Manage Leave Of Employees
The challenges of leave management are wide-ranging. They can range from the individual’s mental and physical well-being to the business’s profitability. The key to successful leave management is to balance these two aspects.
The first challenge of managing leaves is to know when their employees will need time off for a personal reason, such as illness, or for a...
The Best Way to Use Employee Self Service
Employee self-service, commonly known as ESS, allows staff members to carry out numerous job-related tasks that were formerly done by the human resources division. ESS systems can increase productivity and provide employees more freedom. Understanding employee self service software can help you handle this crucial component of human capital management and comprehend the...
Transfer of Input Tax Credit on Conversion of Partnership Firm into Private Limited Company.
Statutory provisions regarding the transfer of input tax credit on sale, merger, lease, or transfer of business.
Sub-section (3) of section 18 of the Central Goods and Services Tax Act, 2017 (in short ‘the CGST Act’) deals with the transfer of credit on sale, merger, lease, or transfer of business. Accordingly, where there is a change in the constitution of a...
Scope of Reasonable Cause For Not Levying Penalty Under Section 221 For Non-Payment of TDS.
Penalty under section 221 is levied when there is a default in payment of tax. Under sub-section (1) of section 221, the assessing officer is empowered to impose a penalty where an assessee is in default or is deemed to be in default in payment of tax. The said penalty is leviable in addition to the amount of the arrears and the amount of interest payable under...
Requirement of RERA Registration on receipt of Occupation Certificate vis-a-vis Completion Certificate.
All real estate projects are required to be registered with the RERA of the respective State so that authorities have jurisdiction over the projects. However, there is a dispute over the issue as to the date on which the requirement of registration under RERA is applicable i.e. on the date of receipt of the occupation certificate or completion certificate.
Requirement of...