Archive for December, 2009

RECRUITMENT CYCLE

Monday, December 28th, 2009 No Commented
Under: Statutory Matters

What is Recruitment? In Simple words, ‘Recruitment’ denotes selecting a right person for right position at right time. Recruitment is a process of attracting qualified applicants for a particular job. The process begins when the job requirement arises and ends when the position is closed. The result is derived from a pool of applicants, from [...]

Want to get exemption of Tax Deducted at Source (TDS)?

Monday, December 21st, 2009 one Commented
Under: Statutory Matters, Uncategorized

Let’s imagine a situation wherein you are an entrepreneur. You render services to your client. Raise an invoice on him. He deducts tax at source (TDS) at the applicable rate of tax. And issues a Certificate at the end of financial year for you to either adjust the same against your tax liability or to [...]

Attention Employers ! Learn about Tamil Nadu Labour Welfare Fund:

Monday, December 21st, 2009 No Commented
Under: Statutory Matters

Every employer in Tamil Nadu has to register with Labour office towards complying with Labour Welfare Fund. They will have to deduct Rs. 7/- for each employee and at the same time, contribute on behalf of the employees, a sum of Rs. 14/- for each employee. This needs to be done once in a year [...]