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A Form 16 is a certificate issued to salaried class to acknowledge the deduction of TDS from their salary by the employer. [9] It must be issued by 15 June of the following year for which it is being issued. For the F.Y. 2017–18, the due date for issue of Form 16 shall be 15 June 2018.
Salary can also be considered as the cost of hiring and keeping human resources for corporate operations, and is hence referred to as personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts. [1] A salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed.
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BSNL logo used until October 2024. Bharat Sanchar Nigam Limited is an Indian government enterprise and its history can be traced back to British India.The foundation of the telecommunications network in India was laid by the British sometime during the 19th century.
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The Harvard economist Martin L. Weitzman was a prominent proponent of profit-sharing in the 1980s, influencing governments to incentivize the practice. [16] Weitzman argued that profit-sharing could be a way to reduce unemployment without increasing inflation. [16] Economists have debated the effects of profit-sharing on different outcomes.
A traditional form of defined benefit plan is the final salary plan, under which the pension paid is equal to the number of years worked, multiplied by the member's salary at retirement, multiplied by a factor known as the accrual rate. The final accrued amount is available as a monthly pension or a lump sum, but usually monthly.
Two forefathers of project management are Henry Gantt, called the father of planning and control techniques, [10] who is famous for his use of the Gantt chart as a project management tool (alternatively Harmonogram first proposed by Karol Adamiecki); [11] and Henri Fayol for his creation of the five management functions that form the foundation ...
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