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After many years of service, employers can finally have access to the money invested in the EPS scheme. To check the available EPF amount, the individual has to access the EPFO portal with the help of a Universal Account Number (UAN). To claim their own UAN, the individual must start the short UAN activation process .  Below is a step-by-step process that one needs to follow to check their EPS balance after their UAN activation: First, one should access the official website of EPFO website Select the ‘For Employees’ option in the ‘Our Services’ menu Choose the ‘Member Passbook’ option on the next page Enter the correct UAN, password and captcha details next, and ‘Login’ There will be a list of different member IDs on the next page; the specific ‘Member ID’ needs to be selected The complete pension amount corresponding with the particular account will be visible in the ‘Pension Contribution’ column Here is a preview as to how it looks: Besides this, EPF statements with records of all tr

Payroll is an intricate process which involves calculating and distributing employee wages and related taxes. Staffing and payroll might seem similar but are two very different processes. Staffing includes recruitment, selection, payroll and other related processes. Most of the organizations opt payroll and staffing service providers to make the processes easier. Although both these providers might offer payroll and staffing services, outsourcing payroll and outsourcing staffing processes are totally different. Payroll service providers are limited to provide payroll and other compliance services whereas when staffing is outsourced, the service provider is committed to providing a complete recruitment life cycle . What is Staffing?  Staffing can be understood as the sustainable addition of employees in an organization. It encompasses all processes which come between building and retaining employees in a company. Staffing can be further divided into following stages:  Planning - Determi

Tax filing should be done without error to avoid complications and penalties. As July 31st is approaching, here is an ultimate list of tasks to do for filing your tax returns. Follow this step-by-step process to complete your tax returns filing properly.  Collect and organize essential documents In order to file your tax returns without any error, these essential documents will come in handy. Make sure you have all these documents although they are not asked to submit while filing your tax returns. You might need to submit some of these documents as proof sometimes.  PAN number Form 16 : It is a document provided by the employer which declares all the information regarding the income you earned in that year. The tax deducted at Source (TDS) is declared in this form. Form16A: it is issued for declaring tax deducted at the source (TDS) other than your salary. This covers interests from Bank Fixed Deposits and similar income. Demat account transaction statement: A Demat Account allows inv