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So far Shibin Biju has created 34 blog entries.

HRIS

What is HRIS? What is the expansion of HRIS? HRIS' stands for 'Human Resources Information System'. It refers to a suite of software that organizations use to manage internal HR functions. An HRIS software usually includes modules such as employee management, recruitment, training, employee attendance, leave, payroll, employee appraisal, Shift Management, Employee Self [...]

HRIS

Advance Repayment

An employer can make advance payments to an employee to cover travel expenses or to make a purchase for the company and so on. Also, an employee may request for a salary advance to meet an emergency. In such cases, the amount paid in advance is repaid by the employee later or is adjusted [...]

Advance Repayment

Absenteeism

Absenteeism is the practice of regularly failing to turn up for work. If an employee is absent Lenvica HRMS will mark the day as absent, as shown below. You can configure Lenvica HRMS to notify you with an alert email when an employee is absent. The system can also [...]

Absenteeism

Salary of 20 lakhs, No Income Tax

Even when you earn a high salary it's possible to bring down your income tax to nil. Let's find out how you can do that. Step 1: Open the Income Tax Calculator Step 2: Key in your salary details Step 3: Compute Income Tax [...]

Salary of 20 lakhs, No Income Tax

How to save income tax using the Income Tax Calculator

Introducing a web portal for salaried employees to calculate income tax with data from their pay slips. Save tons of tax using the Income Tax Calculator.  Let's find out how easy it is to use the calculator to calculate Income Tax. Step 1: Open the income tax calculator [...]

How to save income tax using the Income Tax Calculator

How to calculate Income Tax from Taxable Income

Let's find out how you can calculate Income Tax from Taxable Income using an online income tax calculator. Step 1: Open the income tax calculator Step 2: Fill in basic details Step 3: Key in your salary details Step 4: Declare your investments [...]

How to calculate Income Tax from Taxable Income

How to calculate HRA Exemption

To calculate how much Income Tax you can save with HRA Exemption and to learn how to calculate, follow the steps below. We are using an Income Tax Calculator to show you how to calculate HRA Exemption. Step 1: Open the income tax calculator Step [...]

How to calculate HRA Exemption

Section 80EEB – Save income tax by purchasing an electric vehicle

Section 80EEB of the Income Tax allows deduction from taxable income in respect of interest on loan taken for purchase of electric vehicle. Let's find out how you can save income tax by purchasing electric vehicle. As per section 80EEB, the interest on loan for an electric vehicle can be claimed [...]

Section 80EEB – Save income tax by purchasing an electric vehicle

Leave Travel Allowance – Travel with your family – Save Income Tax

Let's find out how you can save tax while traveling with your family. Conditions for claiming Leave Travel Allowance Exemption is available only on actual travel costs(Air, rail, or bus) Only domestic travel is considered Exemption is available for travel cost of individual & family [...]

Leave Travel Allowance – Travel with your family – Save Income Tax

Section 80D – Medical Insurance – Save Tax by taking care of your family

Section 80D of the Income Tax allows deduction from taxable income in respect of medical insurance premium or medical expenses paid for your family. Let's analyze how you can save tax while taking care of your family. Deduction under section 80D is allowed for A medical insurance premium [...]

Section 80D – Medical Insurance – Save Tax by taking care of your family
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