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

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

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 [...]

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 [...]

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 [...]

Steps to calculate Income Tax? First, calculate your Taxable Income. Second, apply the Taxable Income on the appropriate Tax Slab Then, you get your Income Tax. How to find your Tax Slab - New Regime The New Regime has only one [...]

Introducing a web portal for salaried employees to calculate income tax from their payslips. Let's find out how to use the Income Tax Calculator to calculate your tax in easy steps. Step 1: Open the income tax calculator Step 2: Fill in basic details Step 3: [...]

Section 10(14) of the Income Tax allows exemption from taxable income in respect of Children education allowance and Hostel Allowance. Also, Section 80C allows deduction from taxable income in respect of Tuition Fee for children. Let's find out how you can save tax with tuition and hostel fees As [...]

Home loan is the option that helps you save maximum income tax. Let's analyze how much income tax you can save with Home Loan! When to claim Income Tax Deduction? If you buy a fully constructed house property, you can immediately claim income tax deduction. If you [...]

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 [...]