Draft and file an employee agreement With Tax Salah at Rs. 999/-*.

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An Overview

Basically, an employment agreement is a binding document signed by an employer and an employee, when the latter comes on board in a new job. The employment agreement spells out the rules, rights and responsibilities for both the employer and the employee, and includes any special obligations undertaken that are unique in a specific hiring situation.

Additionally, an employment agreement is active throughout the entire tenure of the signing employee.


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Benefits of filing Employee Agreement

Below are benefits of Employee Agreement:

  • Work Responsibilities: This section lays out, in broad strokes, what the employee is expected to focus on while on the job. For example, a company hires an accountant to help handle its financial matters, like financial analysis, taxes, and other numbers-crunching tasks. Those responsibilities are all spelled out in an employment agreement.
  • Protections on Confidential Information: Most employment agreements also cover the use of a company's confidential information. Specifically, the agreement will include language that prohibits the employee from sharing a company's confidential information with outsiders. The agreement also may include a provision that prohibits an employer for switching jobs and working with a direct competitor for a specific period of time (like within one year of leaving the employer.)
  • Probationary Period: An employment agreement also lists any probationary employment timeline, which usually clocks in at 90 days. Within that time period, the employer often cites the ability to terminate the employee at their discretion.
  • Performance Reviews: Employees and employers tend to value performance reviews, which are included in an employment agreement. The performance review section of the agreement lays out when the reviews will occur (usually once annually), what ground will be covered, and what rights the employee has during an employee review.
  • Termination: An employment agreement also includes language on termination of employment. By and large, the termination clause includes the term an employee can quit the job, including the amount of notice that can be given (usually two weeks). It also details how an employer can terminate the employee (with adequate "sufficient cause") and what property and information are required to be returned to the employer upon an employee's termination.

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Frequently Asked Questions

The registrar of companies (RoC) across India expect applicants to follow a few naming guidelines. Some of them are subjective, which means that approval can depend on the opinion of the officer handling your application. However, the more closely you follow the rules listed below, the better your chances of approval. First, however, do ensure that your name is available.

If you have all the documents in order, it will take no longer than 15 days. However, this is dependent on the workload of the registrar.

No, new company registration is a fully online process. As all documents are filed electronically, you would not need to be physically present at all. You would need to send us scanned copies of all the required documents & forms.

You can use (TM) mark as soon as the Trademark application is filed and you receive acknowledgement receipt. (R) mark can be used once trademark is registered.

Trademark, the word is a combination of TRADE and MARK, means a mark which is used in trade, commerce or business.If you close down your business, in legal sense, if you do not carry on any business under your trademark then it will cease to exist. However in practical sense the trademark registry will continue to show your trademark alive unless it is withdrawn by you or it expires after 10 years of registration, due to non-renewal.

Every 10 years the trademark to be renewed, so that you can use your trademark for indefinite time.

An entity liable to be registered under GST should apply for registration within 30 days of meeting the criteria. Casual taxable persons and non-resident taxable persons are required to be registered under GST prior to commencing business.

The primary authorized signatory is the person who is primarily responsible to undertake tasks on the GST portal on behalf of the taxpayer. It could be the promotion of the business or any other trustworthy person nominated by the promoters of the business.

Yes, PAN is mandatory for obtaining GST registration. In the case of proprietorship, the PAN of the proprietor can be used. In the case of LLP or Company or Trust or other types of a legal entity, PAN must first be obtained for the entity. However, PAN is not mandatory for the GST registration of foreigners and foreign companies. For non-resident taxable persons, GSTIN with a fixed expiry date will be provided based on the other documents provided to prove existence.

Yes, you need to file. There is a difference between filing income tax return and deducting TDS. You file a tax return as a proof of the payment of all the taxes due. The IT return would also help you while applying for a visa or a loan.

You can make the payment directly to the Government on the official website of the IT Department. You may pay through net banking, along with Challan 280.

Yes, You can file delayed IT returns for all the years lapsed so far.