The Labour Welfare Fund (LWF) is an essential contribution by employees and employers. The LWF Act was first mentioned under the provisions of the Industrial Disputes Act of 1947. Since then, it has been implemented in 16 states (the list is mentioned below).State governments deduct this fund to provide various welfare initiatives for employees and their […]

If you’re struggling to manage your company’s payroll, you’re not alone. Managing employee compensation is a repetitive, mundane task. Keeping up with tax regulations while performing monthly administrative tasks can also be a headache. Additionally, manual payment processing can consume significant time and lead to inefficiencies and errors. But there is no need to worry! […]

If you are an HR professional, you must be aware of the emerging digital tool that is becoming the backbone of the modern HR department. From recruitment to onboarding, performance tracking, payroll, and compliance, this solution automates critical HR functions. However, what is this software called? It is referred to as HRMS Software, which stands […]