In view of the rising inflation, the government is preparing to give a big blow to the taxpayers. The old tax system can be abolished, in which 70 types of exemption are available. Revenue Secretary Tarun Bajaj says that there is a need to reduce the attraction of taxpayers towards the old system of income […]
The labour ministry is holding discussions with HR heads across sectors to address concerns over the Wage Code. Issues will be addressed through Rules without altering the current structure of Codes, labour and employment minister Bhupender Yadav told ET’s Yogima Seth Sharma and Deepshikha Sikarwar in an interview. Edited excerpts: There is a lot of speculation on the
We Are In Talks With HR Heads Of Companies On Wage Code: Labour Minister Bhupender Yadav Read More »
An unregistered agreement between an employer and employee cannot be enforced to seek more compensation than what is already prescribed for cases of disability under the Employees Compensation Act 1923 (ECA), the Bombay High Court held. “Section 29 thus reinforces the principle that compensation is required to be paid in accordance with provisions of the
The mandatory process for updating nominee details for subscribers of Employees’ Provident Fund Organisation (EPFO) is facing issues with users reporting glitches in the registration process on the portal. Many have reported issues ranging from the portal showing error, inability to complete the e-sign process and server issues over the last month. The e-nomination registration
Portal Issues Hit E-Nomination; EPFO Says Amid High User Visits Read More »
The Employees Provident Fund Organisation, or EPFO, has announced that it has added 13.95 lakh subscribers on a net basis in November 2021. This is an increase of nearly 38 per cent compared to the year-ago period, according to the latest payroll data, the retirement body said on the day. The provisional payroll data of EPFO showed
EPFO Added 13.95 Lac subscribers In November 2021 Read More »
India is slowly edging towards a new era in labour and employment law. According to a Labour Code survey report launched by the Karnataka Employers’ Association (KEA) and boutique employment law consulting firm BCP Associates, 34.9% of companies in India are in a high state of proactiveness to implement new Labour Codes while 18.6% of
34.9% Of India Inc Ready To Implement New Labour Codes Read More »
HR Budget planning is a critical element of overall budget planning for any company. HR expenses range from 20% to 35% of revenue depending on the organization. More so, for service organizations, HR expenses account for more than 50% of the revenue. This year is even more special because of the pandemic. Here are the 5 critical things
Checklist To Consider While HR Budget Planning For 2022 Read More »
The prevalence of smartphones requires employers to address the way their employees interact with devices in the workplace. Many companies choose to implement a personal mobile phone policy to ensure employees focus on their tasks or to reduce the risk of security breaches. Some companies employ strict policies, while others may allow employees to use
How Employers Enforce Cell Phone Policies In The Workplace Read More »
India’s Labour Ministry is in talks with companies on a proposal seeking to change the salary structure for employees working from home, with suggestions ranging from a lower house rent allowance to new deductions. The discussions with industry representatives focus on a legal framework that will best suit the new work model in view of
Labour Ministry, Industry Discuss Changes In Salary Structure For Work From Home Read More »
