Employees may be paid by the hour or by salary, with other payment options like bonuses, commissions and by-the-project. With a salary, workers and bookkeepers may need to calculate work hours and pay ...
For small business owners, setting executive salaries can be overwhelming. Pay too little and you risk losing great talent to better paying jobs, but pay too much and you put your entire business at ...
You may find your job fulfilling, but at the end of the day, you work to earn a living. That income provides a roof over your head and food on your table. Here’s a look at how to calculate your ...
If you have a recent pay stub, you can use Microsoft Excel to calculate your annual salary, as well as estimate how much a raise will affect your paychecks. Here are the steps to calculate yours. How ...
As a business owner, it may be second nature to remember to pay your employees or adequately invest in your business. However, it’s just as important to compensate yourself for your contributions to ...
Few workers receive raises in consistent percentages each and every year. It may be helpful to calculate an annual rate of growth of a salary to determine the average annual increase from one point in ...
The 7th Pay Commission (CPC) introduced the index of rationalisation which means that the minimum pay has been increased to 18,000 per month and the starting salary of a newly recruited employee at ...
It is very understandable that as a salaried employee, you would be frustrated whenever you hear about tax. As a result, by the majority of salaried individuals, tax is perceived as the evil of ...
In order to claim relief under Section 89(1), you are required to submit Form No. 10E. As a salaried employee, you may receive some arrears or advances that are taxable in the year they are received.