Nitso Technologies
Taxation in India: What kind of tax do you pay?

Taxation in India: What kind of tax do you pay?

What is Tax? Tax is a financial charge imposed by a government on individuals, businesses, and other entities, typically as a percentage of income or of the value of goods and services. Taxation in India refers to the system of levying and collecting taxes in the...

What to consider when choosing your Payroll Software?

What to consider when choosing your Payroll Software?

Choosing your Payroll software for your business may seem like a simple decision on the surface, but it can be quite complex. All sorts of things need to be considered, including the size and nature of your business and technical things like software compatibility. It...

What Is a Statutory Bonus in Salary?

What Is a Statutory Bonus in Salary?

The statutory bonus in India is paid according to the bonus payment law (1965). The bonus is a deferred benefit, and some companies choose to pay it in advance.  Eligibility for the bonus has been increased to include employees' income up to INR 21,000 per month...

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