Smart Benefits: Employee Purchase Programs: Making Buying Power a Benefit

04-02-2019

To alleviate workers’ financial stress, some larger companies, associations and government agencies are going beyond simply discounts and offering employee purchasing programs. Here’s what you need to know to decide if it’s worth adding this type of voluntary benefit to your package. Employee Purchase Program Defined: An employee purchase program allows employees the opportunity to buy a wide range of products and services online through payroll deduction, enabling them to avoid incurring credit card debt or interest charges for the purchases. How They Work: Working within set spending limits, employees purchase available offerings and make payments over time (up to 12 months)

Read More
क्या न्यू पेंशन स्कीम (NPS) को खत्म करने की लड़ाई सही दिशा में चल रही है ????
May 14, 2020

https://youtu.be/q8QGqb8Oxco   दोस्तों नमस्कार आज आपसे चर्चा करते हैं कर्मचारीयों के सबसे बड़ी समस्या न्यू पेन्सन स्कीम और उसके लिए चल रही आंदोलन

Read More
Clarification In Respect Of Residency Under Section 6 Of The Income-Tax Act, 1961
May 11, 2020

Section 6 of the Income-tax Act, 1961 (the Act) contains provisions relating to residency of a person. The status of an individual as to whether he is resident in India or a non-resident or not ordinarily resident, is dependent, inter-alia, on the period for which the person is in India during a year.Various representations have been received

Read More
Budget 2020 – New Income Tax Rates To Benfit Salaried Class In Higher Tax Bracket
February 3, 2020

Two Sets of Income Tax Slabs introduced in the Budget 2020 – A Taxpayer has the option of choosing either new Income Tax Slab with minimum exemption or Old Tax slab with all applicable conditional income tax exemptionsTwo sets of Income Tax Rates 2020-21Income SlabNew Tax Rates if no exemption availedIncome Tax Rates of exemptions availedUp to

Read More
Calculator – Related to Tax
May 10, 2019

Tax Calculator - Income and Tax calculator Advance Tax Calculator Tax Calculator - -Medical Facility in India Tax Calculator -House rent allowance calculator Tax Calculator - Rent Free Accommodation Tax Calculator -Income from House Property Agent Commission  - Tax

Read More
Income Tax Relief Under Section 89 Of Income Tax Act – Updated GConnect Calculator
May 10, 2019

Five Simple Steps to use GConnect Income Tax Relief Calculator: 1. Divide the Arrears amount you have received in the year 2017-18 in to parts and enter those in IT Relief Calculator in the relevant years in which those were actually due. This division of Arrears in to parts can be easily made by calculating the year wise total of the arrears

Read More
Smart Benefits: Employee Purchase Programs: Making Buying Power a Benefit
February 4, 2019

To alleviate workers’ financial stress, some larger companies, associations and government agencies are going beyond simply discounts and offering employee purchasing programs. Here’s what you need to know to decide if it’s worth adding this type of voluntary benefit to your package. Employee Purchase Program Defined: An employee purchase

Read More

Latest News

Clarification on deletion of name of daughter from the family details of a Central Government pensioner