Blog

TalentPro’s Human Resources blog is a knowledge portal where we discuss the latest and best practices related to the Human Resources Industry. The portal educates the reader in various areas of interest such as Payroll, Compliances, Staffing, Human Resource Management Services (HRMS), Recruiting, etc.

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A Primer to Payroll Taxes

A Primer to Payroll Taxes

Payroll Taxes are taxes that are deducted from an employee’s salary by an employer. Payroll taxes are usually a small percentage that is deducted from an employee’s salary. These taxes are used for various purposes and to cover programs such…

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Critical HR Challenges in the Textile Industry

Critical HR Challenges in the Textile Industry

Textiles is a very major industrial sector in the Indian Economic arena. As a vast industry with a large workforce, it is natural to have HR challenges, some of which may be critical. Indian Textile industry employs the highest number of people after agriculture. It contributes 14 percent to industrial production. Overcoming the HR challenges is essential for the industry to succeed and survive. With growing globalization, the textile industry…

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Things to be taken care of while choosing the best payroll outsourcing company in India?

Things to be taken care of while choosing the best payroll outsourcing company in India?

These days most of the businesses in India find it comfortable in outsourcing payroll processing services to different third-party payroll vendors. Let’s consider some of the important things in choosing the best payroll company. As the economy in India grows to new heights, and business gets more and more organized, the need for payroll outsourcing takes a front seat. A payroll management system is an essential component of any business activity. The…

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HR and the Banking Industry in 2020

HR and the Banking Industry in 2020

2020 is here, and the banking and insurance industry will be looking at effectively tackling challenges during the year. As marketplaces are becoming more competitive, here are some of the key challenges that HR professionals in the banking and insurance sector will be facing in the coming year.   Read more:(HR and the Banking Industry in 2023)   1. Managing Intellectual Capital Intellectual capital refers to all aspects that enhance…

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The 2020 Budget – What it Means for Your Payroll

The union budget was presented on the 1st of February 2020 by the finance minister Nirmala Sitharaman. According to several prominent economists, Sitharaman’s budget focuses on long-term growth economists. Another key highlight is that the government has introduced an optional income tax regime with lower tax rates. The New Optional Tax Regime One of the most significant changes that took place during this budget was a revision of the existing…

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