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HR & Payroll Glossary

55 plain-English definitions — payroll, statutory compliance, leave, and HR operations terms, written for India.

#A B C D E F G HIJKL M N O PQR S T U VWXYZ

A

Appointment Letter Approval Workflow Arrears Attendance Management

B

C

Casual Leave Comp Off (Compensatory Off)CTC (Cost to Company)

D

Dearness Allowance (DA)

E

Earned Leave (Privilege Leave)ECR (Electronic Challan cum Return)Employee Database Employee Self-Service (ESS)Employment Contract EPS (Employees' Pension Scheme)ESI (Employee State Insurance)

F

Flexible Benefit Plan (FBP)Form 12BB Form 16 Full & Final Settlement (F&F)

G

Gratuity Gross Salary

H

HRA (House Rent Allowance)HRMS (Human Resource Management System)

L

Leave Encashment Leave Policy LTA (Leave Travel Allowance)

M

Multi-Branch Payroll

N

Net Salary (Take-Home Salary)New Tax Regime Notice Pay Notice Period

O

Offboarding Old Tax Regime Onboarding

P

Payroll Software Payslip PF / EPF (Provident Fund)Probation Period Professional Tax (PT)

R

Reimbursement Relieving Letter Resignation

S

Salary Structure Section 80C Self-Serve HRMS Sick Leave Special Allowance Standard Deduction Statutory Compliance

T

TDS (Tax Deducted at Source)Termination

U

UAN (Universal Account Number)

V

Variable Pay VPF (Voluntary Provident Fund)

Put It Into Practice

MedleyHR calculates PF, ESI, TDS, and gratuity automatically. Free for up to 10 employees.

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