Nine O Six

Employers typically cannot forfeit gratuity after an employee completes 5 years of service, as it is a statutory benefit governed by the Payment of Gratuity Act. However, in exceptional cases of em...

The Payment of Gratuity Act, 1972, applies to all establishments such as factories, mines, oilfields, plantations, ports, railways, companies, shops, or any other establishments where 10 or more em...

Yes, it is still necessary for you to file your Income Tax Return (ITR), even if your employer deducts and deposits TDS on your behalf. Filing ITR is a legal requirement, and it allows you to repor...

Yes, even if TDS (Tax Deducted at Source) is deducted from your salary, you are required to file an income tax return if your total income exceeds the basic exemption limit. Filing a return is nece...

Contract employees may not be entitled to receive gratuity as it's typically offered to long-term, permanent employees who fulfill specific service requirements. However, entitlements can vary base...

If you have missed the deadline and not filed your return, you still have the option to file your return, by way of: 1. Updated return: You can file a updated return after the last date to file the...

Gratuity must be paid by the employer to an eligible employee within 30 days from the date it becomes payable. If an employer fails to pay gratuity within the stipulated time frame of 30 days, they...

An employee will be eligible to assign a nominee in Form F after the completion of their first year of service. Form F is to be submitted to your employer or the designated authority responsible fo...

"Income-tax on companies" refers to the taxation applied specifically to companies or corporate entities. In the context of the Challan, when making payments related to income tax, this category si...

In cases where an employee is not taking advantage of the permitted leave, some businesses permit the person to accumulate leave. These unused leave can be exchanged for money from the employer by ...