Sachin Disa's News & Views
About the Author: Sachin Disa
Why is it Important for Indian Companies to Have a Leave Management System?
Employees may take time off for various reasons, including marriage, health concerns, holidays & other personal or emergency reasons. Depending on the company's regulations, this leave may be paid or unpaid. Typically, companies provide employees with an allowance of paid leave that they can use as needed. However, even after ...
Why do SMEs in India need HRMS and Payroll Outsourcing?
HRMS and Payroll Outsourcing Small and medium-sized companies account for the majority of businesses worldwide and are important contributors to the global economy. While some of these companies are thriving in recent times, there are many challenges that they face to sustain and prosper in the future. According to reports ...
A Comprehensive Guide to Payroll Compliance in India
Every company in India is expected to pay tax and follow compliance guidelines regardless of its size. Therefore, a large sum of money is invested in statutory compliance activity, including audits, compliance policies and governance structure. To help you tackle this, we have created a comprehensive guide to payroll compliance ...
HR Management System: The Answer to Complex Recruitment Issues in India
The most valuable resource for any business organization is its employees, as they play a vital role in accomplishing business goals. It makes sense then for companies to use a HR management system to recruit and retain the most talented people. Today, recruitment is not just about filling vacant positions ...
Why Attendance and Leave Management is Essential for a Small Business in India
Attendance and leave management processes are essential for all businesses, big or small, as they ensure that employees are paid correctly and on time. Manual processes mean that Tracking working hours is crucial as it is required not just for salaries but also to analyse every department's productivity. Employee timesheets ...
Staying on the Right Side of Payroll Compliance
Sachin Disa is a qualified Chartered Accountant with 20+ years of experience. He heads the India business unit for TopSource Worldwide. Staying up-to date with the ever-changing legal and statutory requirements related to labour and tax laws can be quite challenging. Depending on the office locations, there are several ...
How Do Payroll Service Providers Ensure Payroll Compliance for Their Clients In India?
The ever-changing legal and statutory compliance landscape makes it challenging for companies to stay up-to-date with various labour and tax laws. Plus, every industry in India has its own set of rules and regulations, and non-compliance can lead to heavy penalties and legal action. A payroll service provider takes care of ...
Everything You Need to Know About Employing In India
We live in an increasingly globalised world where few things manage to stay confined to one location. Digitisation and the transition to an online way of working have allowed us to become hyper-connected, and we have greater access to different cultures than ever before — good news for expanding businesses. ...
ULIP Tax Exemptions in India: What Do They Mean for You?
Living, working and employing in India comes with various benefits for employers and employees alike. For example, one of India’s most popular investment schemes is the Unit Linked Insurance Plan, or ‘ULIP’. ULIPs are long-term financial plans that serve two financial goals: they act as both an investment opportunity and ...
How do payroll outsourcing services assist you in concentrating on your core business?
Payroll processing is a vital business function for any organisation; still, it is a non-core activity. Handling payroll process in-house requires the HR team to manage vendors, onboarding, timely payroll processing, benefits administration, leave and attendance management, and many other administrative tasks. The task of payroll processing is mundane, time-consuming, and ...
Are Payroll Outsourcing Services Part of Modern Employee Pay Management?
Employee or payroll management system can be described as administering financial records of an organization's employees’ wages/salaries, deductions, bonuses, and net pay. Salary is the most significant retention tool (for some employees, it is the only reason why they are working). It attracts employees and keeps them motivated to perform in their ...
6 ways to improve the Company Leave Management System
Taking annual leave is not a bad thing. It improves physical health and mental well-being and helps boost work-life balance. After all, we are not machines and we need to take breaks to bounce back. A good work-life balance has many positive effects, such as less stress, lower risk of ...
