Advance tax has to be paid by taxpayers who have a total tax liability above Rs 10,000 in a given financial year. However, salaried individuals whose employer deducts the correct amount of TDS ...

In a significant move to support its workforce, the Employees’ Provident Fund Organization (EPFO) has approved an advance payment of the Productivity Linked Bonus (PLB) for eligible Group C and ...

The government has every right to treat online gaming as an addictive “negative externality product” taxable at the highest slab, along with “sin goods.” Advance Tax Payment Rules: Every ...

Key findings include: Employers overestimate the financial health of their employees, though they admit that requests for pay advances have increased, particularly for higher-income workers ...

As employees voice the need for financial security, some companies are looking into offering advance pay benefits. But the number still remains small — only about 15% of employers offer an advance pay ...

Related: Advance-pay apps help employees living paycheck to paycheck It sounds like a win/win—and it can be, if businesses are smart about it. Offering employees the opportunity to receive pay ...

To avoid potential pitfalls, he said the company put in place a number of “guiderails” around the product “to make sure [getting advance pay] didn’t become a habit.” “We want to make sure it’s used in ...

Walmart’s experiment with offering Even.com’s money management and pay-advance app to employees appears to be off to a good start. The retailer launched the app to employees in December. On Thursday, ...

For example, an employee who is paid at the end of each month for that month's work would be receiving a deferred payment. Advance payments are recorded as assets on a company's balance sheet.