Experts across the nations compare the current pandemic to a black swan event, an event that has significantly and permanently changed the present and future of work. Digital transformation that was expected to happen steadily over a period of time, happened in just two months. Covid-19 has easily managed to disrupt the status quo in […]
2021: The Era of Human Resource 3.0 Read More »
The last date for filing income tax return (ITR) is fast approaching, and it is important for taxpayers to check the details mentioned in Form 26AS when filing ITR. Also known as annual information statement, Form 26AS carries the details of tax deducted at source (TDS) and refunds claimed, among others, against a permanent account
TDS: Correct Wrong Big-ticket Transactions In Form 26AS Read More »
New Delhi: As we near the last quarter of 2020/21, here’s a look at how best to review your tax savings and take steps, if needed, to add that extra bit of money in your pocket. Contributions made to certain relief funds and charitable institutions can be claimed as a deduction under Section 80G of the
Tax Benefit Against Donations Under Section 80G Read More »
The year 2020 has unfolded in three chapters – almost in a manner of cause, effect and impact – starting with COVID-19 being declared a pandemic, to its aftermath of nationwide lockdowns, economic downturn and severely broken health systems. The impact on the corporate sector has been all about unprecedented change. Companies invested in technology
Rewind 2020: Skills People Applied to Get Future Ready Read More »
Bhubaneswar: Employees’ Provident Fund Organisation has added 11.55 lakh net subscribers in the month of October, 2020 as per the recently released payroll data. Despite the COVID-19 pandemic, EPFO has added around 39.33 lakh subscribers during the current financial year (from April to October, 2020). The data published comprises of members who have joined during
EPFO: Releases Provisional Payroll Data Read More »
Mumbai: In a judgement that could impact several foreign companies investing in India through subsidiaries or investment arms registered in other countries, the Madras High Court has ruled that tax benefits can be withdrawn if the investment is merely done to circumvent domestic tax laws. The order would support the tax department’s claim that any investment coming from outside
Madras HC: No Benefits If Tax Haven Route Not Justified Read More »
The Indian Federation of App-based Transport Workers (IFAT) has expressed concerns over the implications of the ongoing public consultation on the Draft Code on Social Security Rules, 2020. In a letter to the Ministry of Labour and Employment, the federation, along with All India Gig Workers Union, All India IT and ITeS Employees’ Union and other labour unions and civil society organisations
The BJP government in Karnataka must take proactive steps to resolve industrial disputes causing workers unrest in major multinational manufacturing units in the state like Wistron Infocomm India Pvt Ltd and Toyota Kirloskar Motors (TKM), leaders of the opposition Congress and JDS parties in Karnataka have stated. In a letter to Chief Minister BS Yediyurappa, Congress leader
New Labour Laws At Root of Unrest In Wistron, Toyota: Siddaramaiah Read More »
New Delhi: The Central Board of Direct Taxes (CBDT) has extended the last date for filing ITR for FY 2019-20 to December 31 in view of the pandemic. Usually, the taxpayers are supposed to file ITR by July 31 but an exception was made this year due to the pandemic. So, if you’re running late, you
ITR FY 2019-20: List of Essential Documents Required To File Income Tax Return Read More »
