Rules and regulations keep changing. For example, labour laws or taxation are critical areas which are subject to changes depending on the political and governance situation. It is quite an effort to be abreast of the changes in compliances and rush to incorporate the changes or alterations. Understanding previous rules and their amendments pile on the additional…
Read articleIndian Automobile Industry has grown well over the years. With the rise in income of general citizens, there has been a strong demand from across the board. However, with growth, there come challenges. The recent spate of product recalls it has shaken the confidence of the industry somewhere or the other. The problems and difficulties…
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After agriculture, manufacturing is the key employer for low skilled and semi-skilled workers in India. The manufacturing sector in India contributes majorly in uplifting rural areas through industrialization. Manufacturing sector empowers the country in reducing regional imbalances by ensuring equitable distribution of national income and wealth. HR is a very critical factor in the business…
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Recruiters and HR executives struggle to recruit the best candidates. An outstanding hire can progress productivity, increase office drive, and ultimately impact the company’s bottom line.
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Uber and Ola are online transportation network companies. Both these companies operate on a pan India basis, having a network in every major city in India. These companies develop markets and manage the Uber Mobile App, which allows the customer with a smartphone, to submit a trip request, which is then routed to Uber drivers,…
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As we enter new Financial Year 2019-20, let’s have a look at the various changes under the Income-tax law and GST which shall be applicable from April 1, 2019. Income tax 1. Section 87A rebate The amount of tax rebate has been increased from Rs. 2,500 to Rs. 12,500. It is applicable for income not…
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In India, the financial year is from 1st of April to 31st of March every year. By the 31st of March, all the financial obligations like tax filing, returns, should be fulfilled. It is essential for those who are required to follow the mercantile system, to ascertain the transactions accrued up to 31st of March…
Read articleThe Supreme Court has recently passed a landmark judgement on the Employee Provident Fund (EPF). This ‘Test of Universality’ judgement is bound to affect and impact the salaried class. Before we get into understanding how the Supreme Court judgement impacts the salaried class, here is a quick run through about Salary Break Up and Provident…
Read articleMoney is not be all and end all Money is undoubtedly a huge factor in motivation but certainly can’t buy an employee’s loyalty towards his organization. If we are completely honest with ourselves, pay can only motivate us so much. Even if we earn a good salary figure but are working to the point of…
Read articlePayroll is the statement of salary payments to be made to employees of a company. It is a routine but one of the essential activities in an organisation, and if there is no Payroll, there is no salary. Many employed people may have experienced and know what it is like when the monthly salary is…
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