Blog
TalentPro’s Human Resources blog is a knowledge portal where we discuss the latest and best practices related to the Human Resources Industry. The portal educates the reader in various areas of interest such as Payroll, Compliances, Staffing, Human Resource Management Services (HRMS), Recruiting, etc.
Blog categories
The Compliance Calendar: A Guide to Crucial Dates for HR Managers
The new year is fast approaching, and with it come afresh set of tasks and challenges. Below are some important dates to be taken note. These dates are as per Labour Law Compliance in India and are consistent across all…
What is the penalty for not paying payroll taxes?
TAX bills are bad enough, but worse are the penalties involved with the non-payment of the same. There may be many reasons for the penalty to be levied, but the chief reason is either failure to pay the amount or…
SEZs and Labour Law Compliance: Protecting Worker Interests
Special economic zone (SEZs) are a direct consequence of the phenomenon of foreign direct investment (FDI). In simpler terms, SEZs are geographical areas within a country that have different laws and systems than other geographic regions. These zones are designated…
Special Compliance Requirements for Government Contractors
Government contracts, as the name suggests, are those undertaken or signed by state or central governments. They are initiatives signed for various purposes such as construction and maintenance, manpower and staffing solutions, IT-related projects, and so on. Government contract compliance…
Is your Payroll Statutory Compliant?
This Blog deals with the subject matter, whether the payroll system that you are using is statutory compliant or not? It is very must for the companies to use a statutory compliant payroll system. What is Statutory Compliance in HR…
Your Tax Return was rejected. What Now?
Have you ever faced a situation where your ITR was rejected? Yes, ITR can be rejected by the Income-Tax department. Let’s see how to avoid ITR Rejections. Why the tax returns get rejected? Your tax return gets rejected if your…
Income Tax Slabs 2020-India
Income Tax Slabs 2020 India Let’s take a quick brush-up of the Income Tax Slabs 2020 in India & explore how the income tax slabs, surcharges, and deduction limits have changed over the past nine years.
Preparing the Workforce for the End of the Financial Year
The financial year is a standard one-year time period during which business is conducted. Organizations will have to submit balance sheets and income statements and other financial records to the government of India. The date with which the financial year starts differs from country to country. In India, the financial year or the fiscal year starts from April 1st and ends on March 31st of the next year. In some…
2030 and the Future of the Labour Market
The world’s marketplaces are constantly evolving and it remains to be seen what is in store for the way business and work is conducted. Organizations are beginning to adopt newer practices and trends to stay ahead of their competitors. Key Statistics for the Future Mckinsey, in November 2017, published a report titled ‘Jobs Lost, Jobs Gained: What the Future of Work Will Mean for Jobs, Skills, And Wages.’ The report…
Challenges faced in handling a Company’s Compliance nowadays
Businesses face numerous issues every day and every year related to compliance that may impact their businesses severely. The cause of these issues is very stressful, especially for small businesses. In today’s world of cut-throat business competition, every business gives foremost importance to compliance solutions. To be frank enough, in today’s ever-changing landscape of HR laws and regulations, certain parameters such as labour law compliance and statutory compliance management are of immense…
Taxation in 2020 – All That You Need to Know
Tax is an essential exercise in any nation. The wealth collected from taxation is used in activities that enhance the interests of a nation such as defense, social welfare programs, infrastructure, and so on. India is no exception to this rule, with the income tax department having been formed in the year 1860. Taxation applies to almost all walks of life, including corporate India. Organizations have a different set of…
Reducing your Workload with Third-Party Compliance Management
Compliance Management Compliance Management refers to managerial practices where all dealings and activities are monitored carefully by companies and organizations. This is done to ensure that they meet a set of requirements, codes, or standards. Failure to meet those imposed standards is called compliance failure. Compliance failure can result in severe damage to the company’s goodwill and reputation. Compliance failure in certain severe cases can result in penalties and even…
Featured posts
Labour law compliance management: Importance, challenges and best practices
Employee absconding: HR compliance and legal considerations
what is payroll processing? Everything you should know about payroll pocessing
