Tag: tax

ITAT rules consultant doctors’ remuneration not salary, exempts it from TDS

The Income Tax Appellate Tribunal (ITAT) in Chennai, India, made a significant ruling recently. The bench held that remuneration paid to consultant doctors is...

CBDT issues circular on TDS collection for FY 2022-23

The Central Board of Direct Taxes (CBDT) issues a circular that explains the deduction of TDS from salaries. The board said that income tax...

14% tax benefit on NPS for state government staff

As per the Union Budget 2022, employees of state governments will enjoy tax benefit of 14% on the National Pension Scheme (NPS) contribution made...

No tax on amount received from employer for COVID treatment

As per the amendment of Section 56 of the Income Tax Act, via the Finance Bill, 2022, any amount received by an employee from...

Leaving job without serving notice period? Pay 18% GST on recovered...

Henceforth, employees who quitting the job without serving the notice period will have to pay 18 per cent goods and services (GST) tax on...

Post-COVID, remote working should to be taxed: Deutsche Bank

Strategists and Deutsche Bank have proposed a five per cent tax for those who permanently work from home, because of company policy and not...

Expanded UBIT law repealed in the US, big win for social-service...

The American Society of Association Executives (ASAE) won a massive victory when the US Congress repealed a section of a 2017 law that required...

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...
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Engagement is outdated: The future of success lies in ‘employee involvement’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 employee vehicle ban

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...

Google terminates 28 employees over Israel protests

Google terminated 28 employees following protests staged by a small group of Alphabet workers against the tech giant's collaboration with Israel. The protests, which...

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ByteDance announces new buyback offers for global employees

ByteDance, the parent company of TikTok, has unveiled an expansive buyback initiative for its employees beyond US borders. The company is offering its global...

China’s new approach to work-life balance with unhappy leaves

With an aim to foster a healthier work-life balance for employees, a Chinese company has come up with a refreshing move. The company has...

TikTok to let go 250 in Ireland

TikTok, the video-streaming platform, has announced to let go of over 250 employees in Ireland today, 12 April, 2024. This move follows reports from...

Singapore introduces flexible work guidelines

In Singapore, fresh measures are on the horizon for workers, as they gain the right to request four-day work weeks, increased work-from-home opportunities, and...

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....
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