October, 2023 - VISCAP Consultancy Services Pvt. Ltd.

In the past, our office has embraced a rich tapestry of cultural celebrations, making them memorable and inclusive for everyone. We’ve celebrated with enthusiasm and unity, from Diwali’s sparkling lights to Holi’s vibrant colors. However, this Navratri celebration was truly exceptional. We transformed our workspace into a hub of Garba enthusiasts, bringing employees of all...

Introduction: Employees may receive off-cycle or arrears payments for a variety of reasons, such as bonuses, commissions, or back pay. These payments can have a significant impact on an employee’s annual income tax liability. Employers need to calculate income tax on off-cycle and arrears payments accurately as per the India Income Tax Act for employees....