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Leave Policy in Gujarat-State- As Per Gujarat Shop & Establishment Act-2019

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LEAVE POLICY IN GUJARAT Definition:- Leave- The Permission obtained by an Employee from his/her Employer relieving him from duty. Year- It means Calendar Year i.e January to December. Types of Leave  Casual Leave (CL) Sick Leave (SL) Privilege Leave/ Paid Leave/ Earned Leave (PL/EL)  Maternity Leave Casual Leave (CL)- Minimum No. of Leaves provided in the beginning of Calendar year by an Establishment/Employer is 7.  Sick Leave (SL)- Minimum No. of Leaves provided in the beginning of Calendar year by an Establishment/Employer is 7. [Note-To avail more than 3 SL, Employee has to submit Medical Certificate] Privilege Leave/ Paid Leave/ Earned Leave (PL/EL)- Minimum No. of Leaves provided in a year by an Establishment/Employer is calculated as for every 20 days of Employment, Employee is eligible for  1 Day Leave.  To get entitled Employee has to complete Continuous Employment of 240 Days in a year. PL shall be allowed in subsequent Calendar Y...

TDS - TAX DEDUCTED AT SOURCE By Employer- 2019-2020

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TDS Calculation 2019-2020 In Salary Slip, there is a deduction of TDS. But when asked about it from HR or Finance team. They replied, "It's the Tax which goes with Government."  Questions which most of the Employees' have are as follows- Income Tax should deduct in March. Then, why it is deducted monthly? We are not in Taxable Income. Then, why there is a deduction?  How should we claim the tax? To answer all above queries. We need to know following points- How Taxable Income is calculated? How much tax should be deducted every month and annually? How to reduce Tax deduction? Taxable Income- To calculate Taxable Income. We need to first know Gross Earning. Gross Earning includes Every Amount which is credited in your account in the form of Salary, Bonus, Incentive, etc. But not limited to reimbursement such as Travel-Reimbursement, Mobile Reimbursement, etc. Taxable Income = Gross Earning - Deduction/ Exemption. Deduction of Tax- T...

Leave Policy in Haryana State-As Per Haryana Shop & Establishment Act-1958

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LEAVE POLICY IN HARYANA Definition:- Leave- The Permission obtained by an Employee from his/her Employer relieving him from duty. Year- Means commencing on 1st day of April. Types of Leave  Casual Leave (CL) Sick Leave (SL) Privilege Leave/ Paid Leave/ Earned Leave (PL/EL)  Maternity Leave Casual Leave (CL)- Minimum No. of Leaves provided in a year by an Establishment/Employer is 7.  Sick Leave (SL)- Minimum No. of Leaves provided in a year by an Establishment/Employer is 7. [Note-To avail more than 3 SL, Employee has to submit Medical Certificate] Privilege Leave/ Paid Leave/ Earned Leave (PL/EL)- Minimum No. of Leaves provided in a year by an Establishment/Employer is calculated. For every 20 days of Employment, Employee is eligible for  1 Day Leave. [ Note-In calculating, Fraction of Half Day or more shall be treated as One Day's Leave and Fraction of less than half a day shall be ignored . ]   Maternity Leave- Minimum No. of Leaves...

Leave Policy in Delhi-State- As Per Delhi Shop & Establishment Act-1954

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LEAVE POLICY IN DELHI Definition:- Leave- The Permission obtained by an Employee from his/her Employer relieving him from duty. Year- It means Calendar Year i.e January to December. Types of Leave  Casual Leave/ Sick Leave (CL/SL) Privilege Leave/ Paid Leave/ Earned Leave (PL/EL)  Maternity Leave Casual Leave/ Sick Leave (CL/SL)- Minimum No. of Leaves provided in a year by an Establishment/Employer is 12. To get entitled of 1 Leave in a month  Employee has to complete Continuous Employment of 1 Month. [Note-To avail more than 3 SL, Employee has to submit Medical Certificate] Privilege Leave/ Paid Leave/ Earned Leave (PL/EL)- Minimum No. of Leaves provided in a year by an Establishment/Employer is 15. To get entitled of  5 Leaves in 4 months , Employee has to complete Continuous Employment of 4 Months. Maternity Leave- Minimum No. of Leaves provided in a year by an Establishment/Employer is 26 Weeks. To get entitled Female...

Self Update -Date of Exit in UAN Portal

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On 1 st Jan, 2020-New Update by EPFO regarding Date of Exit in UAN Portal. Employees can now SELF-UPDATE their DATE of Exit on UAN Portal. Benefits of SELF-UPDATE Employees don’t have to follow Employer or HR for Update the same. Employees can easily Withdraw or Merge the PF. Following are the steps to SELF-UPDATE your DATE of Exit on UAN Portal. LOG-IN your UAN Portal. Go-to MANAGE-Tab Under MANAGE-TAB select Mark Exit. (New Window will open). Go-to select Employment Select your Employer Select Date of Exit Re-select Date of Exit Select reason of Exit Enter AADHAR based OTP Select the “I have read the below points carefully.” Click on SUBMIT-Button. For feedback or query. Kindly comment below.

New PF Contribution rules Impact on CTC and Net Salary

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After 1st Apr, 2019. Many Employee had received lesser Take Home Salary. When you asked with your HR they replied New PF Rules. Which is somewhere true. Some facts of New PF Rules. 1. Employees whose previous PF deduction was less than 1800 only those employees will be impacted. 2. Your Gross salary or Gross Earning can't be reduced. That you can compare from your Salary slip of March, 19 & April, 19. 3. Due to new rules your CTC will increase. Reason why this information shared now. Because many employers has not increased the CTC whereas they have reduced your Gross salary to match the rules. Your Gross salary can't be reduced in financial year. Due to lack of knowledge many employees are getting less salary approx ₹200 to ₹500. Hope this post may help you to get justified salary. 

Glimpses of Code of Wages Act-2019-Chapter-IV BONUS-When and How Much you will receive?

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Key Features of Code of Wages Act are as follows. 1.        Eligibility to all Establishments having 20 or more persons are employed or were employed on any day during an accounting year. [Chapter- IV, Section41(2)] 2.        Establishments/ Employees excluded from the codes are a.        LIC of India b.       Seamen as defined in Merchant Shipping Act c.        Employees employed by Central or State Government or a Local Authority. d.       Employees employed by Universities or Educational Institutions. e.        Employees employed by Indian Red Cross Society. f.         Employees employed by Hospitals, Chamber of Commerce and social welfare. g.        Employees employed by Institution establish...

Glimpses of Code of Wages Act-2019-Chapter-II & III

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Glimpses of code of wages act-2019 Key Features of Code of Wages Act are as follows- 1.        No employer shall pay to any employee wages less than the minimum rate of wages notified by the appropriate Government. [Chapter- II , Section5] 2.        The appropriate Government shall review or revise minimum rates of wages ordinarily at an interval not exceeding five years. [Chapter- II , Section8(4)] 3.        The Central Government shall fix Floor Wage taking into account minimum living. [Chapter- II , Section9(1)] 4.        The employer shall pay or cause to be paid wages to the employees, engaged on— (i)              daily basis, at the end of the shift; (ii)             weekly basis, on the last working day of the week, t...

Glimpses of Code of Wages Act-2019-Chapter-1

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Glimpses of code of wages act-2019 Four Act which were subsumed are as follows. 1.        Payment of Wages Act, 1936 2.        Minimum Wages Act, 1948 3.        Payment of Bonus Act,1965 4.        Equal Remuneration Act, 1976 Key Features of Code of Wages Act are as follows. 1.        Definition of Employee- "employee" means, any person (other than an apprentice engaged under the Apprentices Act, 1961), employed on wages by an establishment to do any skilled, semi-skilled or unskilled, manual, operational, supervisory, managerial, administrative, technical or clerical work for hire or reward , whether the terms of employment be express or implied, and also includes a person declared to be an employee by the appropriate Government, but does not include any member of the Armed Forces of the Union [Chapter-1, Section2(k)...

How to find dream job by simple steps

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To find the Job following are steps to be followed. Register yourself with Various Job Portals, such as  https://naukri.com ,  https://timesjobs.com ,  https://shine.com ,  http://monsterjobs.com ,  https://indeed.com , etc.  Make your profile on Professional Social Networking sites, such as  https://www.glassdoor.co.in/index.htm ,  https://www.linkedin.com , etc. Register yourself with Employment Exchanges, College Talent & Placement unit. To get in Top of The Search in the Job Portal. Kindly apply daily 5 profiles in Job Portal and also update your resume on every 15 days. Get connect with Manpower Consultancy through linkedin or facebook. You can also visit personally to them.

How to improve performance of an Employee

Following are the points to get optimum result from the employee. 1. Employee should be trained on every standard period. So that they can match with the upgraded technology, knowledge and skills. 2. Employee should be engaged with the responsibilities on which he or she is best. For example Driver should be engaged with driving not with cooking. Sales Employee should be more focused on sales and not with data management. 3. Job expectations with the employees are not set by the employer before hiring. 4. Salary offered is not competitive with the other competitors. 5. Career Growth is not defined and not clearly specified to employees. Above are the same reasons for attrition & turn-over.