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CEOs of top tech firms hail tax norms for digital economy in Budget 2021 - Vimarsana News

CEOs of top tech firms hail tax norms for digital economy in Budget 2021

The chief executive officers of some of the top Indian startups and tech companies have welcomed the tax breaks and incentives in Finance Minister Nirmala Sitharaman’s Budget presented on Monday. They said coming in the wake of the Covid-19 pandemic, the Union Budget looks to strengthen many of the important pillars for economic recovery and future growth. Kalyan Krishnamurthy, CEO at e-commerce company Flipkart Group said there is a clear focus on attracting greater investments into infrastructure, boosting domestic output and creating jobs. He said it is focused on accelerating the ado...

Employees Provident Fund: PF deduction, wage limit, earned leaves and EPFO suggestion - Vimarsana News

Employees Provident Fund: PF deduction, wage limit, earned leaves and EPFO suggestion

Employees Provident Fund: PF deduction, wage limit, earned leaves and EPFO suggestion - Latest updates According to reports, the government is planning to hike the wage ceiling from Rs 15,000 to Rs 21,000. DNA Web Team Jan 24, 2021, 08:15 AM IST Prime Minister Narendra Modi-led government at the Centre is planning to increase the monthly wage ceiling of mandatory Employees' Provident Fund (EPF) soon. According to reports, the government is planning to hike the wage ceiling from Rs 15,000 to Rs 21,000. Sources said that the talks to hike monthly wage ceiling of EPF cover has been going on for ...

labour laws: Trade unions to boycott meeting called by labour ministry, terms it farce - Vimarsana News

labour laws: Trade unions to boycott meeting called by labour ministry, terms it farce

Synopsis The labour ministry had held first round of tripartite discussions on draft rules on Wage Code and Code on Industrial Relations in December. Next round of discussion on the Social Security Code and the Code on Occupational Safety Health and Working Conditions. The joint platform of 10 central trade unions will boycott the tripartite stakeholder meeting called by labour ministry on Tuesday saying it is a farce. Instead, the unions have demanded the government hold physical meeting with adequate time given to all stakeholders to discuss the draft Rules of the four labour codes. The l...

[Explained] Wage code structure and how it will impact your take-home salary, gratuity payout - Vimarsana News

[Explained] Wage code structure and how it will impact your take-home salary, gratuity payout

Updated Jan 06, 2021 | 06:25 IST Traditionally tax was the annual change quotient for most employees that impacted their ‘take-home-pay’, but going forward labour codes may also have an impact. Representational image  The government has been pushing the ‘Make-in-India’ initiative by bringing in various legislative, administrative and e-governance related changes to facilitate the ease of doing business in India. The Labour Code is one such step in that direction. As part of labour law reforms, the Government of India has undertaken rationalisation of 29 labo...

Bulgaria's Prime Minister: 60/40 Payroll Support Measure To Be Extended Till September 2021 - Novinite.com - Vimarsana News

Bulgaria's Prime Minister: 60/40 Payroll Support Measure To Be Extended Till September 2021 - Novinite.com

CM “Today we extend the measure 60/40 until the end of March, and in the coming weeks we will ensure its implementation until September 2021. We will further support tourism and transport sectors with the 80/20 measure, and from January 1 we are introducing 75/0 assistance for closed businesses,” Prime Minister Boyko Borissov said during today's meeting of the Council of Ministers, which was held via videoconferencing. Borissov was adamant that the government will continue to provide support to Bulgarian citizens affected by the pandemic, as well as to the most vulnerable groups of ...