Graphics and Templates

You need to understand the difference between a resume and curriculum vitae (CV) before selecting a resume template. Normally, You use a Curriculum vitae or CV to apply for an academic education position. However, people use a resume to apply for a job opening. Job seekers shall always look for a resume template rather than a CV template.

Always select a resume template that matches your work experience and not the work profile. After selecting the right resume template from free resume templates online, be careful to search and delete Placeholder Text and graphics or logos.  The recruiters might have received resumes based on the same resume template. So it’s unavoidable to make it look different than just a cookie-cutter resume. Therefore it is critical to alter the resume template so that it looks different from others.

There are many websites offering free resume templates without any watermarks or logos in them. You shall choose the best one among them to download for further editing. Selecting the right resume template is the key to drafting your perfect resume with precise information related to that job opening.

Resume Format  or Layout

Resume Format is referred to as the layout or order of information in your resume. There are several websites online that feature resume formats such as IT, BPO, Manufacturing, and more. Every resume format is full of the same set of information but in a different layout. It does not count if you are using a ready-made resume template, what matters more is your resume format. If the template is not in a suitable format there is no value of using it.

Resume Writing Guidelines

Walk through these resume writing guidelines before starting to edit your first resume. You can easily prepare a compelling resume by following these guidelines to make your resume a qualified profile for the advertised job. The following information will help you to write your resume like a professional.

Career Objectives

You can start editing your resume template by writing a career objective. It is the most basic element of a professional resume format. If you have good work experience then you can pay less attention to this section however if you are fresher, give it full attention. The core purpose of writing a career objective is to explain the candidate’s focus on the job applied for.

Experience Summary

Then comes an important section where most of the recruiters will spend most of their time. The experience summary list down your key experiences along with short details such as Designation, Work Period, and Organization Name. While you need to write down important past work details, try not to make it look like a documentary rather just brief the work experience with roles and responsibilities. Also don’t forget to mention the key achievements especially related to the job you are applying for.

Education Details

Enlist your Education details in an inverted pyramid style where the highest or most recent qualification must be mentioned first. You can also specify other qualifications like computer courses, languages, or other valuable curriculum relevant to the position applied for. Awards and merits earned during graduation will definitely put on usefulness to the resume.

Extracurricular and Hobbies

Extracurricular activities and other interests can also add extra value to your professional resume if used appropriately. Don’t mention time-wasting hobbies like watching movies or listening to music. Sometimes It is better to leave the resume without mentioning hobbies rather than specifying negative hobbies.

Personal Details

You shall input your personal profile that includes the candidate’s name, age, and gender which is more sufficient for the recruiter to understand the candidate’s esteem. You can also mention the father’s name, religion, or blood group, and contact details such as email address and cell phone number.

Other implications

Carefully study the advertisement posted for the job opening before starting to write your resume. Try to use the same keywords used in the advertisement to make it relevant to a job posting. Always use Serif fonts for the heading and sans serif fonts on the content for a modern look. The “Verdana” font is mostly preferred on the content with a font size of 10. If you maintain a decent LinkedIn profile do not hesitate to mention your profile URL in your email note while forwarding your resume to the HR professional.

A company, whether it is a small business or a large corporation, is required to hold an Annual General Meeting (AGM) of shareholders. As the name suggests, an annual meeting of shareholders is held once a year.

An annual meeting is held by the board of directors or owners of a company or corporation to discuss different aspects of business such as new projects, strategies, joint business ventures, and the selection of members of the board of directors for the next year. These annual meetings are participated in by shareholders and partners apart from the existing board of directors and the company’s CEO.

With a view to conducting an effective annual meeting, the secretary of the meeting must send prior notice to the shareholders who should be given ample time to prepare themselves for the discussions that will take place in the meeting.

Description of Annual Meeting Notice

Though a company or business organization is run by its directors, EO, and managers, the importance of the shareholders and stockholders cannot be soft-pedaled. More than often every company requires advice and support from shareholders and stockholders at one point or another. Their opinions are also solicited by the board of directors when the latter holds an annual meeting to elect new members of the board or develop new strategies to grow their business and increase their profits.

With a view to inviting the shareholders and stockholders to attend the upcoming general meeting, the secretary of the meeting sends them Annual Meeting Notices along with the particulars of the meeting including its agenda, venue, time, and date.

Each shareholder must be informed about the occurrence of the annual meeting. The Annual Meeting Notice must be in writing and should be given to the shareholders by hand or post. Notice can be sent to them electronically, i.e. via email, in many cases.

Key elements to include in the notice to shareholders of the annual meeting:

  • Name of the owner(s) and director(s) in the company
  • Names of the shareholders who are invited to the meeting
  • Details of the meeting along with venue, time, date, duration
  • The general nature of business and distinct agenda of the meeting
  • Name of the Director or CEO of the corporation who will lead the meeting
  • Name of the Secretary of the meeting with contact number

Sample Shareholders Annual Meeting Notices

annual meeting shareholders notice

Download this Sample Notice from OpenOffice

Shareholders Annual Meeting Notice

Download this PDF Sample Notice from PDFTemplates.org

Uses of Shareholders of Annual Meeting Notice

Though shareholders may have the information about the annual general meetings months prior to the actual day, there is a possibility that they might forget about the meeting. Their non-participation in the meeting will not go down well with the directors. Here comes the role of the meeting’s secretary who is responsible for informing all the shareholders about the date, time, location, and agenda of the meeting. This will help the shareholders save the date and arrange their schedules. Ideally, the Annual Meeting Notice shall be sent to the shareholder between 10 and 60 days prior to the date of the meeting. This will allow the shareholder to make an informed decision about whether or not they should attend. At the same time, they won’t run the risk of forgetting about the meeting

This Annual Meeting Notice is used by the companies and corporations as a formal letter to notify the shareholders about annual meetings.

When it is your child’s first birthday then it demands to be celebrated with full pleasure. It is exciting for not only the parents of your child but also for the whole family. Everyone demands a big party to make this moment memorable. Parents of the child organize a huge party on this occasion. All friends and family members are invited on this occasion. As you are now planning to celebrate the first birthday party of your child and you want to invite several people to it. It is the time to invite people with a proper invitation card or letter. For this purpose, you should be able to know how to write an invitation letter.

While inviting people through an invitation letter, first of all, you have to decide what kind of invitation card you want to design. The invitation card on a child’s birthday may vary from person to person. Some people like cards with cartoons and pictures while some like to have traditional invitation cards. Whatever card style you choose for the invitation, keep in mind that the card should reflect that it has been designed for a child’s birthday.

Always use simple language on the card. The card can be simple but it should reflect the birthday of the child. You can add some sort of humor on the card but humor should also be in accordance with your child’s birthday. Some people also add childish rhymes to the card to make it look more beautiful. Always remember that whatever wording you choose for your card, it should compliment your card.

There are different styles of cards which are available on the internet. You can print those cards for your child’s birthday party and if you do not like anyone of them then you can customize cards of your own choice.

Birthday Party Flyer Template

There are some basic things that serve as the most important elements of an invitation card. Such things are very important to be included in the card. The first thing which is the most important is the name of the host as well as the name of the baby whose first birthday is going to be celebrated. You can write any poem on the card which shows your love for your child.

1st Birthday Party Flyer Template

Also, mention the birth date of your child in a prominent font so that the recipient can know the day when the birthday is going to be celebrated although it will be written on the card separately but still good to mention the birth date as people can remember your child’s birthday.

Also, add the location where you want your guest to come. The address of the location, your phone number email address, etc should be mentioned in the invitation card. You can also add the name of other people on the card who will be looking forward to your guests.

Birthday Party Flyer Template

Click here to download this Birthday Flyer from Microsoft

If there is any instruction related to the party, it should also be written on the card. Write the name of the recipient with your hands so that he can feel the importance.

A Project Plan Template is a handy tool for Project Managers to keep. It helps them to keep their project on track and measure its performance as compared to the original plan. A comprehensive Project Plan guarantees the success of your project if you executed it perfectly. Remember, you can’t manage large projects without having a proper project plan to follow.

I have collected several good-quality Project Plan Templates for your quick help. Some of them are prepared using MS Word, MS Excel, and MS Project. You can also convert them easily into PDF format by saving them as PDF.

Free Project Plan Templates

Here is my collection of these Free Project Plan Templates that can also be used for writing Business Plans.

Business Plan Template OO

Click here to download this Project Plan Template

Here are some Project Plan Templates created using MS Excel by OfficeTemplates.org.

Excel Project Plan Template 03

Click here to download this Project Plan Template in MS Excel.

Excel Project Plan Template 02

Another Project Plan Template in MS Excel

Here is another Project Plan Template using MS Word.

Project Plan Template DOC

source: umanitoba.ca

Download this Project Plan Template in MS Word

Check out this wonderful Project Plan Template by SmartSheets.

project-plan

Click here to download this Project Plan Template

Yet another Project Plan Template with Gantt Chart by Vertex42.

project-planner-template-with-gantt-chart

Click here to download this Project Plan Template

CDC also provides a good-looking Project Plan Template to help you prepare your own project plan easily. Check it out here.

Project Plan Template CDC

Click here to download this Project Plan Template

Today we will discuss making a web page header in GIMP. You can easily use GIMP to create web page headers in different structures either simple or multi-layered. Let’s have a look at some simple steps involved in making a web page header in GIMP:

  • Select File and then New to create a new workbook. You will see a pop-up box appear in front of you named Create a New Image. This will allow you to enter settings that you like to add. The size of a typical header is between 700 and 900 pixels wide. And as far as height is concerned, it is 75-200 pixels. To set X and Y resolutions to 100 pixels per inch, click on plus sign icon so that it may reveal Advanced Options.
  • You can color the background of the web page header by using Bucket Fill Tool. This option will be available in the main toolbar and will help you fill the entire background. To beautify the header, you can insert a picture or design either.  If you want to insert a ready-made graphic, you can select File and Open as Layers to locate the desired file. After selecting the image, click Open.
  • Now it’s time to add text. For this, click on Text Tool in the main toolbar. Click on the web page header where you want to insert text and then type your content. All types of text settings will appear on the toolbar which will help you choose font size, font style, and font color. Sometimes you may want to add a large title along with a smaller subtitle. For this, insert two text boxes so that each line can be customized separately.
  • Now you will want to position all the elements. For doing this, you will use Move Tool which exists in the main toolbar. Select Windows and then Dockable Dialogs and then Layers to view the Layers dialog. Select the thumbnail of a layer that you want to move in the Layers window. Now click on the image and use the keyboard arrow keys to move text or images making sure that Move Tool is selected.
  • After doing all this, you will save your work using a picture file extension that will be supported by your web page such as .png or .jpg. You can also save files by using GIMP workbook extension .xcf so that you can edit your file in the future if needed.

This is a simple process of making a web page header in GIMP. Hopefully, you will find it easy to follow.

Here is a video tutorial that can help you get started with GIMP Much more quickly.

 

A well-organized meeting is the result of a good format of the Meeting Agenda. An Agenda is the list of meeting activities that how the meeting will conduct, it will start with a call to order. Formal Meeting Agenda can be used to resolve many problems that, the organization will face.  A proper format of the agenda will not make a meeting very lengthy and even uninteresting for the participants. A good Formal Agenda Template ensures that the goals and objectives of the meeting should be accomplished and achieved. A good but, clear-cut meeting agenda will make the meeting more effective and focused and can be kept in a well-organized manner.

There must be some bullet points that should be discussed in proper ways. A formal meeting can be held only in a proper way and proper place like an office or in a conference room etc. While discussing the format In a Formal Agenda Template you will see the meeting title at the top of the agenda. The time duration is also very essential and it should be mentioned at the top of the Formal Agenda Template successively, purpose can be accomplished in that prescribed time. There must be a time of arrival as well as departure.

In a Formal Agenda Template should be stated the name of the person who is calling that meeting. The next step is the attendance of the person who is attending that meeting. Usually, attendance should be marked on the attendance sheet. Sometimes in many organizations, Proper signatures are necessary for the person who is attending the meeting. There must be a reading and writing area in which you can share opinions. In a Formal Agenda Template It is common to see that, please bring these items along you like Note-pad and a pencil, etc. There must be a list of objectives and while discussing you can tick the objective or point that you have discussed, in this situation you can focus on your next task easily and there must be no ambiguity.

Free Formal Meeting Agenda Templates

A good Formal Agenda Template is easily available on the internet. You can even download the printable Formal Agenda Template and can easily modify it according to the situation. Effective Agenda is that which is helpful to obtain particular objectives of an organization. Meetings enhance the infusion of multiple thoughts from different experts and make the problems easy to tackle. While using a comprehensive Formal Agenda Template managers can manage the meetings in good manners.

Here are a few of my hand-picked good looking formal meeting agenda templates available online.

meeting agenda template

Download this Effective Meeting Agenda template

Sample-Formal-Meeting-Agenda-Template-for-Sales-Team

Download this Sample Formal Meeting Agenda Template 

A businessman needs to call meetings to check the progress and pecuniary position of a company as well. Businessman usually, needs to call these types of meetings to increase their sale. While in educational institutions you can see the monthly meeting held and how to maintain these meetings is also very important. In the educational Formal Agenda Template, all the objectives should be discussed and the main points should be highlighted. In a meeting, more than one person participates so that, with mutual consultation, many problems can be solved.

A Data Entry Job involves input of some kind of data into an electronic database. Usually ready-made software (mostly online) is provided to the data entry operator to input specific data in a particular format. The most common device used to do data entry is the Keyboard. However other devices can also be used such as Bar-code Scanner or any Speech Recognition Software to transfer voice data.

The importance of a Data Entry Job is unavoidable as it actually helps people to earn good money without leaving the comfort of their homes. Hence everyone tries to obtain such a job no matter if he is already employed or not. However, you need to have good knowledge of input devices to perform it as per your employee’s expectations.

Check out this video that teaches you about Input Devices used in Data Entry jobs.

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To win a good data entry job while staying at home, you need to prepare a good resume. Mention your level of expertise and skills to attract a potential employer. Moreover, list down your past works and achievements to help them decide in your favor. Remember, a good resume format is key to grabbing an employer’s attention so be very effective. You can easily find several free data entry resumes online to choose the most suitable for your situation.

Job Description of a Data Entry Job:

It’s critical to understand the nature of data entry jobs before you can actually apply for them. Usually, a Data Entry Job requires,

  • A Data Entry Operator (DEO) with a knowledge of computer usage and printing capabilities.
  • Such DEO uses his/her own PC to input specific information into a given website or software.
  • Occasionally, you might be asked to perform some administrative tasks such as faxing documents or answering phone calls.
  • A Data Entry Operator also keep an eye on data mistakes and corrects them where found.
  • In some Jobs, timing is very important so you need to be punctual and steady towards given timings.
  • Advanced or High Tech Jobs require you to monitor online terminals or PC nodes.

Again! … You need to give 100% attention to your data entry resume to help yourself be well presented. A resume is a marketing tool that actually convinces employers to consider you for such a job. Useful and valid references are the most powerful section of your resume. So give it a lot of time and better to collect the latest and up-to-date contacts of your references.

Don’t forget to list down all of your academic qualifications in your resume. Sometimes minor details that might not be important to you can actually help you win a job. Examples of such details can be a Research paper published online or your hobby of reading newspapers.

Pay necessary attention while writing your Career Objective. It should comply with the job requirements published along with Job Posting.

Finally, make sure you provide all of your contact details including social media profiles to help a potential employer reach you quickly.

Do you have a lot of tasks to accomplish in a very short period of time? You are not the only one. Everyone feel like this way and looking for a solution. Here comes the solution. I am sharing these 12 Free Schedule Templates using OpenOffice to help you organize yourself effectively. These schedule templates are going to help you to pick a right time for the right job easily.

Why Do you need this Schedule Templates?

Well! … the most critical factor of time management is the way to organize your day. It all depends upon the schedule sheet that you choose to plan your day. I am providing here 12 different options to choose the one best suited for your situation. I am sure more than one can suit you easily for any kind of purpose but lets consider only one.

By download that one schedule template for your needs will help you save a lot of time in creating it by scratch. Also, it will help you to focus more on your time management rather than professional layout of your schedule. Remember, something that doesn’t look good can’t be used for a longer period of time. So choose color scheme of your schedule sheets carefully and purposefully.

These schedule templates are prepared using OpenOffice Applications. This is because its free and open source. Anyone can easily download it and use it as per his/her own convenience.

Download Free Schedule Templates

Here goes my list of these Free Schedule Templates to help you choose the best one to fulfill your needs. Let me know your comments and suggestions on this list and also feel free to add your own if you have anyone. This will make this list more complete and fruitful for others.

Homework Schedule Template

Here is link to download this Free Homework Schedule Template

Fee Schedule Template

Download this Fee Schedule Template using OpenOffice

Download this Free Course Schedule Template in OpenOffice

Construction Schedule Template

Download this Free Construction Schedule Template in OpenOffice

Audit Schedule Template

Download this Free Audit Schedule Template in OpenOffice

Trip Schedule Template

Download this Trip Schedule Template using OpenOffice

Download this Free Depreciation Schedule Template in OpenOffice

Labor Schedule Template

Download this Free Labor Schedule Template in OpenOffice Calc

Monthly Calendar Schedule Template

Download this Monthly Calendar Schedule Template

 

Incapacity preparation, ensuring that there’s a strategy in position if you actually become incapable of managing your affairs, is important.

Everyone knows that. However, it’s uncomfortable to imagine about and thus easy to put down performing.

A vital component of incapacity planning is assigning power of lawyer (a legal document providing somebody else the ability to act on your own account), but it’s also the biggest hurdle. Providing extra considered to just who you choose, and what capabilities they’ll be awarded, can give you the tranquility of brain to finish your plan with self-confidence.

Choosing your lawyer

Power of Attorney  AffidavitSelecting someone you trust to designate energy of lawyer is really important. Functioning as your lawyer involves considerable obligations and requirements. Your attorney’s overarching duty is to act with honesty, stability plus in good belief for your advantage if you become unable.

The legislation lays out specific obligations when it comes to person chosen to hold your energy of attorney. Among various other stuff, they will:

  • Explain their powers and duties to your unable person
  • Encourage the unable individual, towards the greatest of the skills, to participate in decisions concerning their property
  • Foster regular personal contact between the incapable person and supporting household members and buddies, and
  • Keep account of all of the of the deals involving the grantor’s residential property.

If as an attorney or lawyer you choose to work, you should know these rules, and get conscious of various other rules set in the legal domain.

For example, they’re likely to make sure you have actually a will and, if therefore, know its terms. The primary cause for this will be that your attorney must maybe not offer or transfer home that’s subject to a particular gift into the will, unless necessary.

The act additionally includes explicit directions with regards to both necessary and optional expenses. Samples of the latter feature non-profit presents in which an unable person made comparable expenses whenever capable and provided that adequate possessions are readily available. Your lawyer should also be familiar with principles covering how or whenever he or she can resign, exactly what compensation they may be entitled to therefore the standard of care expected of those.

Protecting your estate

It is possible to build an additional opinion directly into the power of attorney papers by appointing one or more individual. If you label two or even more individuals, they’ll require to act unanimously unless the document says otherwise. For your help, you can prepare your own Power of Attorney document with the help of this OpenOffice Template.

A combined appointment provides an amount of protection in that any appointed lawyers must agree on all steps, while a “shared and a number of” appointment grants freedom, allowing any one lawyer to carry out business separately.

A lot of people choose to designate the same people or trust organizations to be both their power of attorneys and their executors. Although you don’t need to perform this, exactly the exact same record of key traits – expertise, availability, accountability and dependability – implement to both functions.

It is also possible to restrict the powers given to your lawyer. If you’d like your attorney to act just for a specified duration of time (possibly a getaway or medical facility stay) or perhaps in respect of a particular exchange (the closing of an actual property price), a restricted or particular energy of attorney is worth thinking about.

When it comes to a general continuing power of attorney, numerous individuals want the document to be utilized only if and when they become unable of managing their matters themselves.

Although the document is effective when signed, you can include conditions into the document itself that defers it to a future date or even the event of a certain problem (for instance, the grantor features a stroke). These are often described as “springing” abilities of attorney.

Whichever method you prepare your energy of lawyer files, cautious consideration of who you choose since well as availing your self of offered safeguards will assist make sure your self-confidence in your incapacity program.

Typical Mistakes to Avoid

Generating a fast decision: Many people label their PoAs without thinking about their choice’s financial capacity, a great deal much less their capacity to get along with other household members.

Presuming family members is almost constantly the greatest option: It’s much much more important to select somebody who genuinely features your client’s best interests in mind.

Waiting too lengthy: If there’s currently a concern of decreasing ability, it’s most likely too late to make a power of lawyer ironclad.

Maybe not looking at it: altering life situations and brand-new provincial legislation can make a classic PoA invalid.
Plan for Incapacity

Your property program doesn’t stop with an up-to-date will. It must also anticipate possible future incapacity, which generally suggests organizing capabilities of attorney for both residential property and private care.

Energy of lawyer, a legal document that provides somebody else the ability to act on your own behalf, features two main types: one for administration of residential property, another for individual treatment.

Will most likely and estate planners typically advise organizing both forms of powers of lawyer. As they are frequently ready as well as your will, they may be developed at any time.

Individual Care

With an energy of attorney for private care, you can authorize someone to make choices regarding your own personal care in case that you come to be incapable of creating all of them your self.

You are able to give energy of attorney for personal attention if you’re at least 16 yrs old, have “the capability to comprehend whether or not the proposed attorney has a genuine issue” for the welfare, and can value that the lawyer may prefer to make decisions.

Personal care includes choices concerning wellness care, nourishment, protection, garments, health and safety.

Property

A continuing energy of lawyer for home authorizes someone to accomplish something concerning your property that you could do if capable, except make a will.

The law says you’re capable of offering an energy of attorney for home if you’re at least 18 years of age, understand just what types of property you have actually got, along using its rough worth, and they are also conscious of any requirements owed to your dependants.

The expression “continuing” (sometimes called “enduring”) relates to a power of attorney that could be exercised during the grantor’s subsequent incapacity to handle property. Ensure the document stipulates which you want the effectiveness of attorney to be utilized only if you then come to be unable.

What you need to know?

An ongoing energy of attorney for property is a powerful document. Unless otherwise stated into the document, it’s efficient whenever finalized, granting considerable energy.

In reality, the act clearly needs one to definitely recognize this expert can be misused. And, as an element of the capability test for granting an ongoing energy of attorney, you need to also recognize the residential property you have may decrease in worth if maybe not properly managed.

A financial organization, land games office or any various other 3rd party served with a continuing power of attorney for home aided by the constraint “effective just within the occasion of the grantor’s incapacity” will wish evidence of the incapacity.

That evidence could be hard to get. One option would be to establish off regards to use in a different document and have actually all original duplicates of this energy of lawyer used by a reliable 3rd celebration. You could, for instance, direct that document be released just if:

You tell the lawyer you prefer him or the woman to begin acting;
You are legally announced unable of handling your property;
One or even more medical doctors advise that you’d gain from help in managing your affairs; or
Particular household people advise the attorney should start acting.
No way could be costly

If you fail to prepare energy of attorney files, it might just take a program to judge before someone can be appointed to help make decisions for you. That can leave you scrambling whenever you’re in no actual form perform this. Having a will doesn’t help because an executor is just authorized to act after you die.

Along with that, court processes can be both expensive and time-consuming. According to the situations, the general public Guardian and Trustee might have to get included.

You also drop the opportunity to appoint people or organizations of your choosing and aren’t able to determine variables with regards to the actions of the substitute decision makers.

What is Salary Slip?

A salary slip is a white paper sheet to record an employee’s earnings for a specific time period. In large and small companies the salary slip is given through the post, by hand in a week or in a month.

However, we do not give any importance to the salary slip. Because our apprehension is only with the money and the need we want to fulfill. This is also known as a pay slip. The salary slip is given to those persons whose monthly allowances are known. This is given to the person whose salary and allowances fluctuate according to the number of hours he worked.

The salary slip is considered to be a legal document also. The employee is bounded to take his salary after the declaration of the salary slip and the statement of income and deduction, if any.

Free Salary Slip Template

I have researched online to find a suitable Salary Slip Template and finally found one from WordTemplates.org,

Salary Slip Template 3

Components of salary slip

The components of the salary slip are also known as the indicators of the pay slip;

As above mentioned that pay slip is prepared to acknowledge the employee about the elements which are to be deducted and added to his salary. 

  • Total number of working days

The employee is liable to get the salary only for the number of days he worked. Salary will be deducted for each day he/she missed the office. Every small and large organization strictly follows this practice.

  • Total number of working hours

The total number of employees working hours will determine their salary package. If the worker works for the job prescribed duration he will be given his/her full salary and there will be no deductions.

  • Official Holidays (Sundays, festivals, national days)

Official holidays do not deduct or add to the person’s salary. They are officially announced and availed by the whole workforce.

  • Basic salary

Normally a salary package offered to an employee is a combination of different components. The highest amount of the other elements like allowances are added to the amount of the basic salary.

  • Medical allowance

When an organization assigns an employee, they are liable to facilitate the employee. So they facilitate him with some allowances. So the medical allowance helps the employee to get benefits for medical treatments. The amount of the allowance attaches to his basic salary amount with a specific percentage. This allowance is taxable and the person will be liable to pay the tax. So the amount of the tax will be deducted from his salary. This deduction will be recorded on his pay slip.

  • Residence allowance

As the employee got a medical allowance, same as he is offered a resident allowance or house rent allowance. The company is liable to pay his house rent. So the company provides him House Rent Allowance. So the specific percentage of the amount is added to his salary. This allowance is specified as HRA in the salary slip.

  • Conveyance Allowance

The company is liable to pay the employee conveyance allowance which an employee bears daily from coming to the office and going back home. The amount of the allowance is about 10% which is added to the salary.

  • Tax deduction

As the employee gets the benefit from the company. As it is, he is liable to pay the tax.  Because these allowances are taxable that is counted as your wealth tax and will be deducted on behalf of the Income Tax.

  • Provident Fund

A provident fund is basically 12% of your salary that is totally under the control of the government. You can invest a minimum amount as per company policy in PF as equity mutual funds regularly. That will be returned to you as a higher amount.

About Me

Hi, My name is Tania Yellob and I love to write. This is my blog and I love to hear from you regarding my writings. Recently, I have started creating contents and templates for a famous website BuraqPrintables. Please visit it and let me know hows my work and any improvements I can do?

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