The Maternity Benefit Act of 1961 was introduced to protect women’s employment rights during pregnancy and after childbirth. It established maternity benefits, paid leave provisions and safeguards against certain forms of employment discrimination connected with maternity. For employers, HR managers and payroll professionals, understanding maternity benefit requirements is essential for managing employee leave, processing payments, […]

Introduction: Understanding Labour Laws in India Labour laws in India establish the legal framework governing employment, wages, social security, industrial relations and workplace safety. They define the responsibilities of employers and the rights and protections available to employees and other covered workers. India’s labour law framework underwent a major change when the Government of India […]

The Employees’ State Insurance Corporation (ESIC) has extended the New Amnesty Scheme 2025 until 31 December 2026, giving eligible employers and insured persons additional time to seek resolution of specified disputes and prosecution cases. According to the Ministry of Labour & Employment announcement published by the Press Information Bureau (PIB) on 29 October 2026, the […]

The Government of Tamil Nadu has declared Monday, 9 November 2026, as an additional local holiday following the Diwali festival, which falls on Sunday, 8 November 2026. The announcement was issued by the Public (Miscellaneous) Department through G.O. (1D) No. 547, dated 28 October 2026. The additional holiday applies throughout Tamil Nadu to all government […]

Managing human resources involves much more than recruiting employees and processing salaries. Businesses must maintain accurate employee records, follow applicable employment requirements, administer payroll correctly, establish clear HR policies and ensure that workplace procedures remain consistent as the organisation grows. When these processes are not reviewed regularly, small gaps can become costly operational problems. An […]

India’s labour law framework has undergone a major restructuring with the introduction of four Labour Codes designed to consolidate existing legislation and simplify the regulation of wages, industrial relations, social security, and workplace safety. On 21 November 2025, the Government of India announced that the four Labour Codes had come into effect, rationalising 29 existing […]

Managing vendors and contractors is about more than negotiating contracts, monitoring service quality, and processing invoices. Businesses must also verify that vendors meet applicable statutory, contractual, operational, and safety requirements. A vendor may provide the agreed service while still having gaps in employee documentation, wage payments, statutory contributions, licence validity, or workplace safety records. If […]

EPFO Compliance Update | 13 October 2026 EPFO has extended the deadline for filing the Electronic Challan-cum-Return (ECR) and depositing the corresponding statutory contributions for September 2026 from 15 October 2026 to 31 October 2026. According to the EPFO circular dated 13 October 2026, the extension has been provided to help employers manage payroll and […]

For buybacks undertaken on or after 1 April 2026, the tax treatment has moved to the capital-gains framework. The shareholder generally computes capital gain using the buyback taxation consideration and applicable cost of acquisition, subject to the provisions that apply. Specified promoter shareholders can also face an additional buyback tax, producing an effective headline outcome […]

Direct Answer: Cost accounting and financial accounting both record and analyse business information, but they serve different purposes. Financial accounting focuses on recording transactions and reporting the overall financial performance and position of an entity, primarily for external and statutory users. Cost accounting focuses on identifying, measuring, analysing and controlling the cost of products, services, […]

Payroll services in Chennai cover the processes required to calculate salaries, manage employee payroll data, apply applicable statutory deductions, generate payslips and reports, support payroll compliance, and coordinate salary disbursement. Depending on the engagement, a provider may also handle attendance and leave inputs, reimbursements, incentives, full and final settlements, employee self-service, payroll audits, and multi-state […]

What Has Changed? We would like to inform you of an important change in the EPF wage ceiling, which has been revised from ₹15,000 per month to ₹25,000 per month, effective 17 September 2026. This change may affect PF eligibility, employee PF deduction, employer PF contribution, employee take-home pay and overall CTC, depending on the […]

Factory safety compliance is not simply about maintaining machinery or providing personal protective equipment (PPE). For an employer, an effective factory compliance checklist should cover the complete safety management system—from identifying workplace hazards and controlling risks to maintaining records, training employees, preparing for emergencies and reviewing statutory requirements. India’s occupational safety framework has also changed […]

Payroll is more than calculating an employee’s monthly salary. A modern payroll function brings together employee information, attendance, leave, salary structures, deductions, reimbursements, statutory contributions, tax requirements, payslips, reporting and salary disbursement. When these activities are managed manually or across disconnected systems, even a small data mismatch can create payroll errors, employee complaints, reconciliation issues […]

Businesses in India are operating in an increasingly regulated environment. Labour laws, payroll regulations, tax requirements, workplace regulations, industry-specific obligations, data protection requirements and changing statutory rules can create significant compliance responsibilities for organizations. For growing companies, compliance is no longer simply a matter of completing forms or meeting filing deadlines. Businesses also need to […]