Our collection of resources based on what we have learned on the ground
Resources
Q&A
What types of social insurances do Indian social security schemes cover?
- December 2013
- 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 main types of pension offered in India?
- December 2013
- 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...
Q&A
What is the Employees' Provident Fund Organization?
- December 2013
- 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 private sector workers, civil servants, military personnel ...
Q&A
What are the schemes the Employees' Provident Fund Organization uses and to whom...
- December 2013
- 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 u...
Q&A
What is the compensation to employees or their families in cases of employment r...
- December 2013
- 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 occupati...
Q&A
How long is the maternity period in India and what is the compensation on it?
- December 2013
- Free 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 c...
Q&A
What does salary in India include?
- December 2013
- Free Access
Under Indian law, 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 ...
Q&A
How wages are paid in India and how do they vary in India?
- December 2013
- 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 allowances are and what they include in India?
- December 2013
- 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 ...
Q&A
What is house rent allowance in India?
- December 2013
- Members Access
If a company chooses to provide House Rent Allowance (HRA) to its employees, the amount of this allowance exempt from tax is the lowest of three numbers: 50 percent of salary in metropolitan areas (40% percent non-metropolitan) Total...
Q&A
What is transport allowance in India?
- December 2013
- Free Access
Transport payments of up to INR800 (US$14.22) per month for an employee commuting between residence and place of work are exempt from tax. In the case of blind or orthopedically handicapped employees, INR1,600 (US$28.61) per month is exempt fr...
Q&A
What is medical allowance in India?
- December 2013
- Members Access
An exemption for medical expenses is allowed for: Reimbursement up to INR15,000 (US$266.66) for medical treatment of the employee and family members Reimbursement of expenses sustained by an employee and family members in approved ho...
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