Brooks - A Payroll Specialist, Since 1999

The day income-tax authorities searched the homes and official chamber of Tamil Nadu chief secretary Rama Mohan Rao, the CBI arrested a contractor-sand miner who has been at the centre of the I-T crackdown so far. Sekhar Reddy, 49, has seen 14 of his premises raided since December 8. I-T officials claimed they have seized Rs 132 crore in currency notes including Rs 34 crore in Rs 2,000s, as well as 177 kg gold including 80 kg seized from a suite in a Chennai five-star hotel. “They had booked two such rooms for a long period. The bills, mostly in tranches of Rs 10 lakh, were paid by a firm owned by Reddy,” said an I-T officer. It was to probe the sources of the currency that the CBI had stepped in, arresting Reddy and two of his associates Wednesday.  Reddy’s high connections were in public focus even before the raids began, with vernacular media widely reporting his alleged wealth havens and transactions. Around the time the late J Jayalalithaa was released fr...

Liberalization of Foreign Direct Investment - Other Financial Services Department of Industrial Policy & Promotion in order to provide easy finance to the Indian Industries has liberalized the Foreign Direct Investment ('FDI') limits in Non-Banking Financial Company. Para 5.2.26 of the Consolidated FDI Policy has been replaced with the following para subject to specified conditions chartered accountants firms in mumbai : Before Circular: Foreign investment in NBFC is allowed under the automatic route in only the following activities:       i.        Merchant Banking      ii.        Under Writing      iii.       Portfolio Management Services     iv.    ...

When it comes to managing the most important assets of your business—your people, nothing compares to the convenience of a   payroll services company   (HRMS software). From recruitment and on-boarding to compensation and training, the   best HRMS software  can provide a central location where all employees and vendors data is stored and carefully monitored. Payroll management services   enables the organization to see at a glance how well personnel are being managed, with metrics to evaluate the return on investment. There are many choices of   HRMSSoftware   in the market, due to sudden increased innovation and competition in this space. Each HRMS solutions  comes with its own unique set of features and benefits that can enhance a human capital strategy. Yet, it’s these same choices that can overwhelm an HR practitioner who is searching for the   best HRMS software   for specific business needs. Read more information vis...

HR Management is a very important aspect of business development and organisational growth. For any business to be successful, it is very important that the most important stakeholders of the business i.e. the employees, are engaged and happy. They should be capable of aligning their goals and values with that of the company. Things were easier when a company had only a handful of employees and the business development was limited to conducting existing business, with no scope for expansion and globalisation. The recent MNC culture and globalisation of companies has brought about a lot of changes in the diversity in staff and has resulted in an increased amount of expectations from the employees. With more and more gen X and Y candidates joining the workforce, the demand for employee engagement and a well structured outsourcing payroll processing  has increased considerably, so much so that when a company fails in its employee engagement strategies, it poses a ris...