Employers
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Infosys among UK firms accessing Rishi Sunak’s COVID-19 job saving scheme; IT major furloughed 3% of staff
•The COVID-19 job saving scheme was unveiled by the Indian-origin finance minister, married to Murthy’s daughter Akshata, at the peak of the crisis and is set to gradually wind down until it is fully closed at the end of October.
Nirmala Sitharaman says Centre has no more announcements to make; rules out any cut in income tax rates
101 India •Nirmala Sitharaman, who had over the last week announced an economic package to help revive the economy, said how the coronavirus and the lockdown has hurt revenues is yet to be completely assessed.
Just 19% employers in India bullish on hiring in October-December quarter; softer job outlook prevails in several markets: Survey
•Chinese employers reported a cautious hiring climate in the coming quarter, as a net four percent employers anticipate a rise in their staff numbers -- their weakest outlook in two years.
Income Tax dept revises Form 16 issued by employers to check tax avoidance
•The Income Tax department has revised Form 16 by adding various details, including income from house property and remuneration received from other employers, thereby making it more comprehensive to help check tax avoidance
I-T warns salaried class against filing wrong ITRs, says violators' employers will be informed
•The Income Tax Department on Wednesday cautioned salaried class taxpayers against using illegal means like under-reporting of income or "inflating" deductions while filing their returns, stating violators will be prosecuted
Standard deduction for employees: Arun Jaitley's Budget gift is a backhanded relief to salaried class
Muralidharan •It is the salaried class which needed the finance minister’s sympathy, if not indulgence.
Using Aadhaar, PAN to weed out fake resumes: Here's how start-up SecUR Credentials will do it using 10-digit code
Sulekha_nair •The market size for verifying candidates background in India is Rs 350-400 crore and is expected to grow 30-40 percent year-on-year.
42% Indian employers fire staff for arriving late to work
Fp Archives •Arriving late is not the norm for workers and employers alike, but according to a survey 42 percent of c in the country seem to have fired an employee for being late, the highest in the world.
'Job prospects healthy but employers uncertain about hiring'
Fp Archives •One among every four Indian employers is uncertain about hiring plans for the next three months though job prospects remain healthy in many sectors, says a survey by global staffing services firm Manpower.
India hiring outlook weakest in over 3 years on global uncertainty
Fp Archives •Most US employers are unwilling to add workers because of uncertainty around November's elections, the Federal budget, and the effect of Europe's slowdown, according to a quarterly hiring survey by ManpowerGroup.