Tag: Income Tax
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...
Date for employers to issue TDS certificates/Form 16 extended to June...
The Government has extended the deadline for employers to issue tax deduction at source (TDS) certificates, or Form 16, to June 30, 2020. Usually,...
Bihar government employees haven’t paid tax on house rent allowance
As per income tax rules, salaried employees do not have to pay tax on a significant part of the house rent allowance (HRA) —...
Now, daily travel allowance to be taxed on failure to submit...
Any allowance paid to the assessee to meet his personal expenses at the place where the duties of his office are ordinarily performed is not exempt under the Income Tax Act.
CFOS, tax heads, Sr. finance professionals expect a change in income...
People want multiple outdated deductions to be replaced with standard deductions to boost disposable income in the hands of the people.
245 non-performing income tax commissioners reshuffled
The department is putting performers on key positions, whereas the non-performers are being discharged from significant roles and shifted to other locations.
Salary deducted for unserved notice period not taxable: ITAT
Only salary received would be taxable, and not portions, which were deducted by a company for not serving a notice period.
Ensure sustainable development through inclusion and empowerment
Almost every major global issue has its roots in some form of inequality. There is an imbalance of social, economic and political power between...
Ten key skills required in an age of digital transformation
As a growing number of organisations integrate digital technologies into all aspects of their business, digital transformation has come to be regarded as the...
Best Buy to replace 5,000 full-time staff with 2,000 part-timers
Despite surging sales and demand, Best Buy, the American multinational consumer electronics retail company, is planning to eliminate 5,000 full-time positions. It intends to...
Latest
200 laid off at bike-sharing platform, Bounce
With demand for shared mobility showing no signs of recovery, Bounce, the Bengaluru-based bike-sharing platform has resorted to another round of layoffs. After laying...
Uber drivers are ’employees’: UK Supreme Courtroom
Uber drives are to be considered as ‘employees’ as per the UK Supreme Courtroom, for all legal purposes. This ruling came on the basis...
MG Motor India’s all-women crew manufactures 50,000th Hector
Upholding its commitment to gender parity, MG Motor India has managed to manufacture its 50,000th Hector using an all-women crew at its manufacturing facility...
Has crisis given rise to the need for cross-functional learning?
When the lockdown was announced, people and organisations had no clue as to what hit them. The sudden crisis changed everything overnight. All signs...
DIALOGUE
Binding multi-faceted employees with Titan Values
Titan has different sets of employees for different functions and verticals, ranging from the shopfloor to the retail stores. How do you bring in...
The right people policy for startups – Madan Nagaldinne
You happen to have worked mostly with large organisations. How different is it working for a startup now?
When you have worked for big...
“Archaic HR processes force millennials to switch jobs often,” Niti Khosla, lead people analytics...
Friendly and jolly Niti Khosla, lead-people analytics and business impact, Novartis International, is a true HR leader with the ability to understand people and...
