Tag: tax

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Expanded UBIT law repealed in the US, big win for social-service...

The American Society of Association Executives (ASAE) won a massive victory when the US Congress repealed a section of a 2017 law that required...

Google employees  protest against mass layoffs

Google, the tech giant, recently fired approximately 12,000 employees in January, which resulted in protests from workers in both the US coasts. The workers...

Latest

Niren Srivastava appointed group CHRO, Motilal Oswal Financial Services

Having begun his professional journey with Bajaj Allianz Life Insurance in 2005, as deputy manager – HR, Niren Srivastava spent two years there before...

Pension and salaries paid till December: MCD Commissioner to Delhi HC

The Delhi High Court was informed by the Commissioner of MCD on Thursday that the civic body had paid salaries and pensions to its...

SC refuses to overturn NCLAT ruling, Jalan Fritsch consortium to pay Jet Airways employees 

The Supreme Court has declined to overturn the decision made by the National Company Law Appellate Tribunal (NCLAT). The tribunal had ordered the Jalan...

UAE firms enroled their employees in job loss insurance scheme

A job loss insurance scheme took effect on January 1, 2023 in the UAE, and many companies have registered their employees for it. The...

DIALOGUE

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....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...