The Labour Welfare Fund (LWF) is an important contribution by employees and employers. The LWF Act was first mentioned under the provisions of the Industrial Disputes Act of 1947. Since then, it has been implemented in 16 states (the list is mentioned below).State governments deduct this fund to provide various welfare initiatives for employees and […]

If you’re struggling to manage your company’s payroll, you’re not alone. Managing employee compensation is a repetitive, mundane task. Keeping up with tax regulations while performing monthly administrative tasks can also be a headache. Additionally, manual payment processing can consume significant time and lead to inefficiencies and errors. But there is no need to worry! […]

In the complex financial and legal framework that makes up the world of work is Payroll Deductions. It stands as a crucial element that influences the financial well-being of workers and the regulatory compliance of companies. In this blog, we thoroughly clear various doubts What payroll deductions in India are, What the main categories of […]

As a start-up founder, you’ve likely invested countless hours and resources into building your company, but payroll management is one critical aspect that continues to cause headaches. Fortunately, NYGGS offers a lifeline to start-up founders and payroll management teams by providing efficient and accurate Payroll Software. In this blog, we explore the key features, functions […]

When it comes to HR automation technology for businesses, most people think of Payroll Software. In today’s dynamically evolving business world, businesses constantly seek innovative ways to streamline their workflows. One area that takes up a lot of time and effort is payroll administration. In fact, traditional manual payroll methods are not only time-consuming but […]

If you are running a business with multiple employees, you must have heard the word ‘payroll’ thrown around a lot. And why not? After all, payroll is an essential process for any business as it entails compensating employees, one of the most essential resources,  timely for all their hard work. Even though the process sounds […]