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Today, the Income Tax Department, on its official Twitter handle, announced that Government of India...
Capgemini tweaks its leave policy in India amid coronavirus lockdown According to a Business Standar...
TCS iON, a strategic unit of Tata Consultancy Services, announced on Monday a free, -day self-pace...
According to a PTI report, Air India temporarily suspended the contracts of around 200 pilots, who were re-employed after retirement. The decision was taken as all domestic and international passenger flights in the country have been grounded due to the nationwide lockdown in the face of coronavirus pandemic. This has led to a significant decline […]
Calling the pandemic an “unprecedented crisis,” SpiceJet has announced a 10-30% cut in March salary for all employees. All employees in the middle and top-level will take a pay cut even as the budget carrier assured that those in the lowest pay grades will remain unaffected. SpiceJet’s announcement of salary cut comes days after rivals IndiGo and GoAir declare similar salary […]
PwC postpones promotions, increments, and bonuses of India employees amid Covid-19 PwC India recently announced that the company is deferring promotions, increments, and bonuses for all its employees in India due to the impact on their cash flows resulting from Covid-19. PwC India has also announced a complete hiring freeze while its partners take a […]
The advent of technology has transformed the employment market. Machines have replaced manual jobs and are bound to take over 69% of office jobs by 2024. To stay afloat in the age of AI and be part of the competitive market, enterprises need a workforce that is not only technically skilled but has digital and soft […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
The Narendra Modi government has issued an advisory to both private and public companies to not lay off employees or cut their salaries, in the wake of the COVID-19 or novel coronavirus crisis. Concerned about likely job losses and pay cuts due to the coronavirus crisis, the Ministry of Labour & Employment on Monday asked […]
Amidst Coronavirus outbreak, India’s major automobile companies like Bajaj Auto, Ford Motor, TVS Motor, and Renault-Nissan, etc have announced the temporarily shut down of their manufacturing plants. Two-wheeler major TVS Motor Company in a statement said, “In view of COVID-19, and considering the safety and well being of its employees, the company as an interim […]
