Our collection of resources based on what we have learned on the ground
Resources
Q&A
What is a Permanent Account Number (PAN) in India?
- January 2014
- Free Access
A Permanent Account Number (PAN) is a 10-digit alphanumeric code, printed on an identification card, for the reference of the Income Tax Department. Companies are required to obtain a PAN during the establishment process in order to file an income ta...
Q&A
What are the requirements for employee tax deductions at source in India?
- January 2014
- Members Access
All entities in India (including foreign representative offices and Indian setups like wholly owned subsidiaries) are required to make tax deductions at source on employees' salaries on behalf of the Income Tax Department. The payment and complianc...
Q&A
What is the Tax Deduction Account Number (TAN)?
- January 2014
- Members Access
The Tax Deduction Account Number (TAN) is a mandatory ten digit alphanumeric code for all persons who deduct tax at source, which must be cited during the process of deduction. Application forms and instructions for obtaining a TAN can be found on go...
Q&A
What types of social insurances do India's social security schemes cover?
- January 2014
- Free Access
Generally, India's social security schemes cover the following types of social insurances: Pension Health Insurance and Medical Maternity Gratuity Disability
Q&A
What are the main types of pension offered in India?
- January 2014
- Free Access
Four main types of pension (all monthly) are offered: Pension upon superannuation or disability; Widows' pension for death while in service; Children' s pension; and Orphan' s pension In addition, there are separate pension funds for civil s...
Q&A
What is The Employees? Provident Fund Organization?
- January 2014
- Free Access
The Employees' Provident Fund Organization under the Ministry of Labor and Employment ensures superannuation pension and family pension in case of death during service. It comprises of private sector workers, civil servants, military personnel and em...
Q&A
What are the schemes The Employees? Provident Fund Organization uses and who do ...
- January 2014
- Members Access
The schemes under the Employees' Provident Fund Organization apply to businesses with at least 20 employees. Contributions to the Employees' Provident Fund Scheme are obligatory for both employer and employee when the employee is earning up to INR6,5...
Q&A
What is the compensation to employees or their families in cases of employment-r...
- January 2014
- Members Access
The Workmen's Compensation Act requires the employer to pay compensation to employees or their families in cases of employment related injuries resulting in death or disability. Compensation calculation depends on the situation of occupational disab...
Q&A
How long is the maternity period in India and what is the compensation on it?
- January 2014
- Members Access
The Maternity Benefit Act requires an employer to offer maximum of 12 weeks of average daily wages during maternity (including the day of her delivery and six weeks immediately following that day) as well as paid leave in certain other connected cont...
Q&A
What does salary in India include?
- January 2014
- Free Access
Section 17 of the Income Tax Act defines salary to include: Wages Pensions or Annuities Gratuities Advance of Salary Any fee, commission, perquisites (the value of rent-free accommodation provided by the employer or...
Q&A
How are wages paid in India and how do they vary?
- January 2014
- Members Access
Wages vary considerably, depending on industry, company size and region. The national minimum wage of India is currently at INR115 (US$2.24) per day (effective from April 1, 2011); though this varies by state. Companies use both time and piece ...
Q&A
What are allowances and what do they include in India?
- January 2014
- Free Access
Allowances are categories of expenditures in India that are not taxable, provided they match certain specifications and do not exceed a certain amount. Allowances in India include those for: House Rent Transport Medical Meal Coupons Leave Tra...
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