Over 95% of employees think Income Tax is far too complicated. Calculate your own income tax with data from your payslip in just 1 minute. Step 1: Get your payslip Step 2: Open the Income Tax Calculator Step 3: Key in data from your payslip [...]

An ‘overnight shift’ or simply ‘Night shift’ is a shift that overlaps midnight. An overnight shift usually starts between 10PM and midnight and ends between 6AM to 8AM. A factory usually has 8 hours per shift and an overnight shift usually starts at 10PM and goes on until 6AM the next day. In a [...]

Full Form of YTD YTD stands for 'Year To Date'. It is the period between the beginning of the year until today. YTD in Payroll Year to Date in Payroll is the values accrued from the beginning of the financial year until the current pay period. [...]

HRA Exemption Calculator enables you to save income tax on House Rent Allowance. Eligibility criteria for HRA Exemption You should have received House Rent Allowance from your employer You should have paid House Rent to your Landlord How to calculate HRA [...]

Privilege Leave also called Earned Leave is a leave earned by an employee for the period worked. An employee usually is eligible for Privilege Leave only after he completes 240 days of work with the company. And he usually earns one Privilege Leave for every 20 days of work. These figures may vary according [...]

Earned Leave(EL) also called Privilege Leave is a leave earned by an employee for the period worked. An employee usually is eligible for earned leave only after he completes 240 days of work with the company. And he usually earns one Earned Leave for every 20 days of work. These figures may vary according [...]

Casual Leave(CL) is a leave granted to employees when they are unable to report to work due to an unforeseen situation. Every employee is entitled for a fixed number of casual leaves each year. Employees can apply for Casual Leave when they have unforeseen situations such as Death of a relative, Medical emergency for [...]

Day off is a day in a week where employees are allowed to rest. Employees need sufficient rest depending on the work they do. Usually companies allow employees to rest for 1 or 2 days in a week, these days are called Day Off(Weekly Off). Most of the companies have day offs during the [...]

Weekly off is a day in a week where employees are allowed to rest. Employees need sufficient rest depending on the work they do. Usually companies allow employees to rest for 1 or 2 days in a week. Most of the companies have weekly off during the weekend. But, some companies have factories which [...]

Sick leave also called Medical Leave is paid time off from work that employees can use to address their health needs without losing pay. Sick Leave is intended for health-related purposes. Some companies also allow sick leaves to care for sick family members How to apply for Sick Leave? Companies [...]