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  Reading is an act of civilization; it’s one of the greatest acts of civilization because it takes the free raw material of the mind and builds castles of possibilities. —Ben Okri 9. The Harvard Business Review Manager's Handbook: The 17 Skills Leaders Need to Stand Out Packed with step-by-step advice and wisdom from Harvard Business Review’s management archive, the HBR Manager’s Handbook provides best practices on topics from...

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In most companies, payroll is normally the responsibility of an individual in the accounting team employed by the administration. Payroll may require 4-5 days of dedicated work. Since this task doesn’t require a dedicated person for the entire month manpower planning doesn’t take this into account which increases the burden on the accounts team during the month ending time. Accounts teams are typically busy handling...

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The Employees' Provident Fund Organisation (EPFO) is most likely to commence giving its recipients a decision to start withdrawing pension out from their account once they turn the age of 60, as compared to the 58-year maturity currently. The proposal for increasing the superannuation age was carried out by looking at various aspects. This proposal is expected to help the pension recipient grow his/her pension kitty....

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According to the income tax act, (section 92), every employer is eligible to deduct TDS from the salary of his (or her) employee if it crosses the basic exemption limit. Every employer has been asked to deduct the tax (also termed as TDS), and credit the remaining salary into the employee's account. Deducting a certain amount of your income for tax is mandatory. So, it is...

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As a business owner, you want a team that you can count on to get the job done while you focus on other things. Management of any large corporation will tell you that finding good, loyal talent is hard. Take the time to develop a recruiting process that is constantly looking for people with the skills you need and the motivation to work for you....

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Parliament on Friday, July 30, 2019, passed the Wage Code bill to enable the introduction of a minimum wage for every worker among both formal and informal sector workers. It also passed the provision for no discrimination based on gender in either recruitment or payment of wages. This bill has the potential to improve women labour force participation rate in the country. It will universalize minimum...

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