One Clik

House Rent Allowance (HRA) Exemption Rules & its Tax Benefits

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HRA is covered under Section 10(13A) of Income Tax Act 1961. Salaried Employees who live in a Rented house can claim HRA to lower their taxes – partially or wholly. The decision of how much HRA needs to be paid is made by employer. Part of Salary is apportioned to HRA. 1. CONDITIONS FOR CLAIMING HRA EXEMPTION? Salaried Individual only can claim […]

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MSMEs for changes in labour laws (Kerala)

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The Kerala State Small Industries Association (KSSIA), representing over a lakh micro, small and medium-sized (MSME) industrial units in the State, has called for big changes in the labour environment and laws governing employment. This is to enable, among other things, students to work part time, to create an environment of competition among labourers, and

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WFH could find permanent home in IT contracts

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Software services exporters, including Tata Consultancy Services, Infosys, Cognizant, Wipro, HCL Tech and Tech Mahindra, have predominantly moved Indian engineers onsite to debug technology issues or to co-innovate. Fresh contracts with IT clients will have more work-from-home clauses going forward, analysts said. This will prompt technology services providers to cut onsite talent, they said. In

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Labour Law Gazette Notifications (Updates) of April-2020: “One Clik”

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Click Here For Download: Gazette Notifications Extension Of Working Hours For Factories In Madhya Pradesh: (Effective Date: 20th Apr, 2020) Government of Madhya Pradesh vide notification no.247-2020-A-XVI has exempted all factories registered under the Factories Act, 1948 with effect from 20th April 2020 for three months in the state from Section 51 (Weekly Hour), Section 54

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EPFO to disburse restored pension from This month

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NEW DELHI: The Employees’ Provident Fund Organisation (EPFO) will start giving out full pensions from May to those who opted for commutation at the time of retirement. Commutation is an option given to pensioners to convert a part of their monthly pension into an upfront lumpsum payment at the time of retirement. The full pension is restored after some time,

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Bombay HC: Employer Can Deduct The Wages Of Workers Voluntarily Remaining Absent

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The Bombay High Court on Thursday held that the Management would be at liberty to deduct the wages of workers voluntarily remain absent even after the lockdown is lifted. The petitioner herein has challenged the notification issued by the Ministry of Home Affairs on 29th March, 2020 by which powers conferred u/s 10(2)(1) of the Disaster

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Lay-offs loom over IT sector in Hyderabad, Telangana govt urges Centre to act

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Telangana government has written to the Centre to come to the rescue of SMEs in the IT sector Hyderabad has six lakh employees in the IT sector HYDERABAD : Telangana has urged the Centre to come to the rescue of small and medium enterprises (SMEs) in the information technology (IT) sector to prevent lay-offs due to

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