Payroll Audit: Meaning, Benefits, and Process to perform Internal Payroll Audit Introduction Payroll processing is arguably one of an employer’s most important responsibilities. It poses numerous challenges to HR and payroll professionals. One small error can ruin many things, including […]

What is FATCA (Foreign Account Tax Compliance Act) and How to file FATCA Return?  Introduction The Foreign Account Tax Compliance Act (FATCA) is a significant step forward in the United States’ efforts to combat tax evasion by US residents with […]

Is it possible for a director of a company to be an employee of another company Introduction A director is a person who manages the affairs of the company; on the other hand, an employee is a person who is […]

What procedure to be followed for the appoint key managerial personnel in a company? Introduction The new concept of “key managerial personnel” (KMP) was created by the Companies Act of 2013, with the intention of merging all company heads under […]

What is Form INC-9 and how to submit it? Introduction Form INC-9 is a declaration by directors and subscribers of a company establishing that they are not convicted of any offence under any law. When submitting the SPICe+ form for […]

Ideal employee benefits followed by employers in India -: A guide to foreigners Introduction India is a country with an abundance of talent. It is the second-largest country in terms of population and the second-largest English-speaking country after the United […]

What is Nidhi Company and what are the necessary Nidhi Company Compliances to be filed? Introduction The main objective of Nidhi Company is to borrow or lend money to its members. These companies fall under the Non-Banking Financial Company (NBFC). […]

What is an auditor and compliance officer? And difference between an auditor and a compliance officer Introduction Most people do not have a clear understanding of the basic difference between a compliance officer and an auditor of a company. The […]

Payroll compliance: All you need to Know Introduction Payroll is the process of paying your staff. However, it also involves choosing a payroll schedule, figuring out salaries, wages, and taxes, and making sure everything is completed accurately and on time. […]