Tag: GST
GST not liable on recoveries from staff for canteen services: AAR
Brandix Apparel India sought clarification from the GST Authority for Advance Ruling (AAR) Andhra Pradesh concerning the canteen facility provided to employees, managed by...
Hike reduces workforce due to increase in GST
In response to the hike in goods and services tax (GST) on online gaming, Kavin Bharti Mittal, CEO, Hike, and owner of Rush Gaming...
Mobile Premier League to fire 350; cut costs amidst 28% GST
Mobile Premier League (MPL), the e-sports and skill gaming company, had had to resort to laying off about half of its India workforce because...
Online gaming industry may face massive job cuts
The online gaming industry is bracing for significant job cuts as a result of recent developments. On July 11, 2023, online gaming companies expressed...
Branch office employees providing services to HO subject to GST
The issue of whether GST should be applied to salaries paid to employees in a branch office who provide services to the head office,...
Is SpiceJet not depositing PF in staff accounts?
SpiceJet is reportedly not depositing the provident fund (PF) in the accounts of its employees. It is alleged that the Airline has defaulted on...
No more GST on employee perks
As per rules, the Goods and Services Tax (GST) is applicable on any transactions between two related parties, even if the transaction is done...
Serve notice period & avoid paying GST
Employees who quit their job without serving the notice period may have to pay goods and services tax (GST) on the notice pay —the...
No GST on nominal canteen expense paid by staff
Authority for Advance Ruling (AAR) has ruled that wherever canteen expenses are majorly taken care of by the employer and the employees are required...
New LTC scheme brings festive cheer to CG employees
We all knew that leave travel concession or LTC was an exemption claimed by employees in the government as well as private sector— under...
Hiring cabs to pick/drop staff? Cannot claim ITC on GST
According to the Himachal Pradesh bench of the Authority for Advance Ruling (AAR), input tax credit (ITC) for GST cannot be claimed by any...
Parle to lay off 10,000 in the face of slowdown
Falling demand and lack of government support are expected to be the reason for Parle Products considering a massive layoff of about 8000-9000 employees.
The...
Salary structure could change soon, thanks to GST
GST on employer–employee financial transactions, even for subsidised services, could bring in a need to restructure salary packages.
Government to train youth for Goods and Services Tax
The new training course would cater to the need of GST-trained professionals to help businesses in areas, such as registration and calculation of tax liability under the new tax regime.
Perks under GST: Exemptions up to Rs 50K per year
The Ministry of Finance has clarified that gift has not been defined under GST law. However, in common parlance, a gift is made without consideration, is voluntary in nature and is made occasionally. It cannot be demanded as a matter of right by the employee.
How this energy company is championing employee inclusivity & engagement
In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...
Trident’s Asmita leaves blossom into inclusive workplaces
Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
Engagement is outdated: The future of success lies in ‘employee involvement’
In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Tata Steel: Journey through excellence in talent acquisition
Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...
Toshiba to let go 5000 in Japan
Toshiba is contemplating a significant downsizing of its workforce in Japan, eyeing a reduction of about 5,000 positions. The move is said to affect...
Latest
Will Indian migrant workers to Britain be able to sponsor family members now?
With the new visa and income rules being implemented in the UK, migrants who earn less than £29,000 will not be able to sponsor...
US, Japan to boost Philippines semiconductor workforce
Pledging to nurture talent and foster innovation, the US, Japan and the Philippines unveiled a bold collaboration. The move aims to propel the Philippines...
TCS to give salary hikes of 4.5% to 7%
Tata Consultancy Service (TCS) intends to give salary increments of 4.5 to seven per cent, on the basis of each individual’s performance. The extremely...
Debjani Roy is new CHRO, Valeur Fabtex
Debjani Roy has joined Valeur Fabtex as the skill building and leadership-development firm’s chief human resource officer. She has moved from Mind Your Fleet...
DIALOGUE
Data analytics and not technology will redefine HR
Q. How satisfying has been your professional journey of 39 years?
A. It has been a bagful of mixed experiences. At times I have been...
EQ, IQ & empathy define the success of a CEO
Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...
“The big change has been that we have moved from jobs to skills,” Amaresh...
Q. How would you define the culture at GE?
A. Having been present in this region since 1902, GE has been around for 120 years....
