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Labour Ministry allows EPF withdrawal amid lockdown
Labour Law

Labour Ministry allows EPF withdrawal amid lockdown

The Labour Ministry has allowed over 6 crore subscribers of retirement fund body EPFO to withdraw an amount not exceeding their three months basic pay and dearness allowance from their EPF account in view of the lockdown to fight COVID-19. Besides, Employees’ Provident Fund Organisation (EPFO) also introduced an online claim settlement facility without manual […]

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Ratan Tata commits Rs 500 crore to fight coronavirus
Coronavirus

Ratan Tata commits Rs 500 crore to fight coronavirus

Tata Trusts has committed Rs 500 crore for India’s fight against coronavirus Today, writing on Twitter, Ratan Tata said, “The current situation in India and across the world is of grave concern and needs immediate action. Tata Trusts and the Tata group’s companies have in the past risen to the needs of the nation. At […]

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What are corporates doing to rescue India from Covid-19?
Coronavirus

What are corporates doing to rescue India from Covid-19?

India enters its third day of the 21-day lockdown. Yesterday, the government unveiled a Rs 1.7 lakh crore stimulus to help those hit by the 21-day lockdown in the country. The number of positive cases is pouring in and the total has crossed 700. Maharashtra, Gujarat, Srinagar, and Karnataka reported coronavirus deaths. Amidst the coronavirus […]

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LAVA pays 20% salary in advance to factory workers
Coronavirus

LAVA pays 20% salary in advance to factory workers

Coronavirus outbreak has forced the government to enforce a lockdown across the country. All non-essential travel has been banned, factories and offices have been shutdown and people are being advised to stay indoors in order to help combat the COVID-19 outbreak. Amid the present scenario, domestic smartphone manufacturer LAVA has announced that it will pay part of its […]

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Lockdown: Trade unions demand from PM Modi
Coronavirus

Lockdown: Trade unions demand from PM Modi

Amidst the country lockdown due to Coronavirus outbreak, Trade Unions write to PM Modi asking for financial aid for daily wage labourers. In a letter to Prime Minister Narendra Modi, both Bharatiya Mazdoor Sangh (BMS) and the Centre of Indian Trade Unions (CITU) made a list of demands which include sufficient budget allocation as a relief who […]

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Kunal Bahl: How startups can survive the COVID-19
Blogosphere

Kunal Bahl: How startups can survive the COVID-19

While the disruption caused by Covid-19 pandemic is unprecedented and will likely have serious economic consequences, start-ups in India have also been experiencing headwinds in terms of a slowdown in India’s economy over the last 2-3 quarters. Many younger entrepreneurs, investors and other stakeholders have been reaching out to me over the last few weeks […]

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After IndiGo, GoAir announces pay cuts to its entire staff
Coronavirus

After IndiGo, GoAir announces pay cuts to its entire staff

After Indigo’s company-wide announcement of top-down 5%-25% salary cut, now India’s other airline, GoAir has extended pay cuts to its entire staff to reduce costs in line with falling revenue as the Covid-19 pandemic severely curtails global demand for air travel. According to an Economic Times report, Vinay Dube, Chief Executive of GoAir said the […]

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McDonald’s appoints new Global Chief People Officer
CHRO Move

McDonald’s appoints new Global Chief People Officer

McDonald’s Corporation has announced that the appointment of Heidi B. Capozzi as Executive Vice President and Global Chief People Officer. In this role, she will lead Corporate Employee Relations, Diversity and Inclusion, Total Rewards and Talent Management among other areas. Capozzi will start on April 13, 2020, and will be based at the company’s Chicago […]

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Amazon to hire 100,000 workers amidst Covid-19
Coronavirus

Amazon to hire 100,000 workers amidst Covid-19

Due to the practice in social distancing and quarantine to flatten the curve of the pandemic, there has been a rise in demand by online consumers. According to media sources, the e-commerce giant Amazon said that it would hire 100,000 warehouse and delivery workers in the United States to deal with a surge in online orders. […]

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Reliance to provide double salaries to its employees
Coronavirus

Reliance to provide double salaries to its employees

Reliance to provide double salaries to all its employees whose salary is less than Rs 30,000 According to Times of India, Reliance Industries has announced that the employees who are below the salary range of Rs 30000 will be paid their salary twice in order to protect their cash flow and mitigate any overwhelming financial […]

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Covid-19: India relaxes Income Tax deadlines and penalties
Coronavirus

Covid-19: India relaxes Income Tax deadlines and penalties

In view of COVID-19 outbreak, India has offered several relaxations under the Income Tax Act and other direct tax laws to assuage taxpayers especially on statutory and regulatory compliance matters related to several sectors. While addressing the press conference through video conferencing here on 24th March, Smt. Sitharaman announced much-needed relief measures in areas of […]

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