The official blog of SGC Services Private Limited – Global Payroll Solutions
In light of India’s prestigious role as the host of this year’s G-20 summit, a momentous gathering of State Heads from nineteen Member Countries, we at SGC Services are taking significant measures to ensure the safety and security of this event. The primary summit is scheduled to take place at Bhatat Mandapam, Pragati Maidan, New […]
The Government of Tamil Nadu has published the attached notification dated 31st August 2023 to declare 18th September 2023 as a holiday on the account of “Vinayakar Chathruthi” instead of earlier holiday of 17th September 2023. For more details and clarification, please refer the attached notification. Thanks. #TeamSGC #SGCSERVICES #PayrollOutsourcing Visit us: www.sgcservices.com Notification for […]
The Minimum wages in Haryana have been revised with effect from 01st July 2023. The amended rates for all the categories are as below:- HARYANA SHOPS AND ESTABLISHMENT ACT MINIMUM WAGES W.E.F 01/07/2023 S.NO Categories of workers Post/Education Basic Pay (As per notification dated 21.10.2015) Minimum Wages w.e.f 01.01.2023 A+B (Rs.) Dearness Allowance from 01.07.2023 […]
In a world bustling with complexities and information overload, a simple principle stands tall, offering a guiding light for efficiency and effectiveness—the 80:20 rule, also known as the Pareto Principle. Join us as we delve into this intriguing concept and uncover its applications across diverse realms, from business strategies to personal productivity. What is the […]
The Minimum wages in UNION TERRITORY OF DADRA AND NAGAR HAVELI & DAMAN AND DIU have been revised with effect from 01ST April’2023. The amended rates for all the categories are as below:- UNION TERRITORY OF DADRA AND NAGAR HAVELI & DAMAN AND DIU w.e.f 01.04.2023 CATEGORY Basic pay (per day) Special Allowance Total (per […]
The Minimum wages in Kerala (CPI Index) has been revised with effect from June’2023. The amended rates for all the categories are as below:- KERALA Shops and Commercial Establishments Minimum Wages Rates for Cochin w.e.f 1st Dec ‘2016 S.NO CLASS OF EMPLOYMENT Monthly BASIC DA (w.e.f June’2023) TOTAL Special Grade 1 Manager 9330 4056 13386 […]
Understanding the Recent CBDT Amendment The landscape of taxation is evolving, and the Indian government’s ongoing efforts to modernize and streamline tax regulations are a testament to this fact. In a recent development, the Central Board of Direct Taxes (CBDT), a key arm of the Ministry of Finance, has introduced updated rules pertaining to the […]
The Minimum wages in Goa (Basic) has been revised with effect from 11th August 2023. The amended rates for all the categories are as below:- GOA SHOPS AND COMMERCIAL ESTABLISHMENTS Minimum Wages Rates S.NO CATEGORY OF WORK Minimum Wages Rates Per-Day (w.e.f 11.08.2023) (Zone A) Per-Day (w.e.f 11.08.2023) (Zone B) Per-Day (VDA) w.e.f 01.04.2023 Per-Month […]
Ensuring Certified Payroll Outsourcing Vendors: Why It Matters In today’s fast-paced business landscape, organizations are increasingly turning to payroll outsourcing as a strategic move to streamline operations, reduce costs, and focus on their core competencies. However, as the payroll function plays a critical role in employee satisfaction and compliance, choosing the right outsourcing vendor is […]
The Minimum wages in Maharashtra (Special Allowance) has been revised with effect from 01st July’2023. The amended rates for all the categories are as below:- MAHARASHTRA SHOPS AND COMMERCIAL ESTABLISHMENTS MINIMUM WAGES Category ZONE I ZONE II ZONE III Basic Special Allowances (w.e.f 01.07.2023 to 31.12.2023) Total Basic Special Allowances (w.e.f 01.07.2023 to 31.12.2023) Total […]
The Minimum wages in West Bengal has been revised with effect from 01st July 2023. The amended rates for all the categories are as below:- WB Minimum Wages Rates for Shops and Establishment Effective for the period From 01/07/2023 to 31/12/2023 S.No Categories of Employees MONTHLY MINIMUM RATES OF WAGES (Rs.) ZONE A (Per month) […]
The Transformative Impact of AI on Payroll Processing and Calculation: Shaping a New Era for Payroll Professionals and Human Resource Departments. In recent years, Artificial Intelligence (AI) has been transforming various industries, and the field of payroll processing and calculation is no exception. AI-powered technologies are paving the way for a more efficient, accurate, and […]
The Ministry of Labour and Employment, Government of India, has recently announced a significant decision that will impact millions of employees across the country. According to a circular issued by the ministry, the Central Government has approved the crediting of interest at 8.15 percent for the year 2022-23 to the account of each member of […]
The Minimum wages in Kerala (CPI Index) has been revised with effect from May’2023. The amended rates for all the categories are as below:- KERALA Shops and Commercial Establishments Minimum Wages Rates for Cochin w.e.f 1st Dec ‘2016 S.NO CLASS OF EMPLOYMENT Monthly BASIC DA (w.e.f May’2023) TOTAL Special Grade 1 Manager 9330 3952 13282 […]
How to Find the Best Payroll Outsourcing Company: Spotlight on SGC Services Outsourcing payroll functions has become a popular choice for businesses seeking to streamline their operations, enhance efficiency, and focus on core competencies. However, choosing the right payroll outsourcing company is a crucial decision that can significantly impact your business’s success. One company that […]
We have some significant news to share regarding the minimum wages in Himachal Pradesh. As of 01st April 2023, the minimum wages for various categories have been revised, and we want to keep you informed about the latest rates. Revised Minimum Wage Rates: HP SHOPS AND COMMERCIAL ESTABLISHMENTS Rates w.e.f 01/04/2023 S.NO Category Per Day […]
Accurate payroll processing is of paramount importance for any organization, ensuring that employees are paid correctly and on time. However, managing payroll can be a complex task, requiring a comprehensive understanding of tax regulations, deductions, and compliance issues. This article explores the significance of accurate payroll processing and sheds light on SGC Services, a renowned […]
The Minimum wages in Mizoram has been revised with effect 01st April 2023. The amended rates for all the categories are as below:- MIZORAM MINIMUM WAGES RATES W.E.F 01.04.2023 SCHEDULED EMPLOYMENT CATEGORY OF WORKERS MINIMUM RATE OF WAGES PER DAY CASUAL/MUSTER ROLL EMPLOYEES UNSKILLED Rs. 420/- SEMI SKILLED Rs. 460/- SKILLED-II Rs. 570/- SKILLED-I Rs. […]
The Minimum wages in Tripura has been revised with effect 01st April 2023. The amended rates for all the categories are as below:- TRIPURA Minimum Wages Rates for Shops and Establishment Effective for the period From 01/04/2023 Sl.No. Category of workers Minimum basic wages (per month Present VDA Total minimum rate of wages (3+4) 1 […]
AI’s Impact on Payroll Processing The Impact of AI on Payroll Outsourcing and Instant Payroll Processing Payroll processing is an essential aspect of any business, ensuring accurate and timely payment to employees while adhering to various statutory regulations. In India, managing payroll can be a complex task due to the country’s unique taxation and social […]