NSDC and Salesforce Partner to Help Bridge the Skills Gap in India

National Skill Development Corporation (NSDC) has announced its partnership with Salesforce (NYSE:CRM), the global leader in customer relationship management (CRM), to enhance NSDC’s skill development and capacity building initiatives through Trailhead, Salesforce’s free online learning platform that empowers anyone to skill up and increase one’s job prospects in the digital economy. The explosion of technological innovation in the Fourth Industrial Revolution is creating a massive demand for new-age skills. By 2022, more than 120 million workers will need reskilling due to advances in artificial intelligence (AI) and automation. According to…

New Personal Tax – Union Budget 2020/21

Tax Rates: Income Tax Slab for A.Y. 2020-21 In the new tax regime, substantial tax benefit will accrue to a taxpayer depending upon exemptions and deductions claimed by him.  For example, a person earning Rs 15 lakh in a year and not availing any deductions etc. will pay only Rs, 1,95,000 as compared to Rs, 2,73,000 in the old regime. Thus his tax burden shall be reduced by 78,000 in the new regime. He would still be a gainer in the new regime even if he was taking deduction of…

Everything You Wanted To Know About The Maternity Benefit Amendment Act – 2017

On 28th March,2017 Government of India  notified The Maternity Benefit (Amendment) Act, 2016 Act . The Amendment Act received the assent of President of India on 27th March, 2017, cabinet gave its nod for 6 weeks maternity leave in 2016 and with president assent now, its a law eff April 1st, 2017. The salient features of the Maternity Benefit (Amendment) Bill, 2016 Increase the maximum period of maternity benefit from the existing twelve weeks to twenty-six weeks, in case of women who have less than two surviving children and in other…

Aon Best Employers India 2017 Winners Announced

A total of 119 organizations representing 14 key industries representing approximately 348,000 employee responses formed the part of Aon Best Employers India 2017 study and winners were recently announced, the jury had eminent personalities from divergent profiles. List of Winners ( No Ranking) AccorHotels India AGS Health Bajaj Allianz General Insurance Company Limited Bajaj Finance Limited Becton Dickinson India Private Limited Bharti Infratel Blue Dart Express Ltd. DHL Express (India) Pvt. Ltd. Godrej Consumer Products Ltd Hewlett Packard Enterprise, India IndiGo Lupin Ltd METRO Cash and Carry India Reliance Capital…

Cabinet gives nod for 6 weeks maternity leave, amendments will help 1.8 million (approx.) women workforce

Press Release (PIB): The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its ex-post facto approval for amendments to the Maternity Benefit Act, 1961 by introducing the Maternity Benefit (Amendment) Bill, 2016 in Parliament. The maternity benefit Act 1961 protects the employment of women during the time of her maternity and entitles her of a ‘maternity benefit’ – i.e. full paid absence from work – to take care for her child. The act is applicable to all establishments employing 10 or more persons. The amendments will…

SAP HCM Technology will now help improve workplace diversity

SAP SE recently announced plans to build new capabilities within its SAP® SuccessFactors® HCM Suite to help improve workplace diversity. Using text mining and machine learning based on the SAP HANA® platform, the initiative aims to help companies review job descriptions, performance reviews and similar people processes for potential bias and suggest changes to encourage equity. The announcement was made at the 28th annualSAPPHIRE® NOW conference. These new capabilities will complement existing SAP SuccessFactors offerings that already help address inequity. Analytics and reports focused on diversity and inclusion are available…

RAMCO defies the industry trend, grows exponentially, Profit up by 189% YoY

You thought industry is in doldrums and struggling to maintain top & bottom line, RAMCO is here to prove everyone wrong, just going against the wind. Industry leaders like Infoys, TCS, Wipro are struggling to maintain a steady growth engine where RAMCO claims to have grown by 25%. Recent press release suggest, For the year ended March 31, 2016 (FY: 2015-16), global income of Ramco Systems Limited was USD 69.97m (Rs 454 cr). The net profit after tax for the year stood at USD 6.03m (Rs 39.2cr). Revenue from markets…

A very powerful video posted for HRD Minister on girl education

HRD Minister Smriti Zubin Irani posted a video on facebook titled “Educating our girls to become leaders of tomorrow” part of the “Beti Bachao, Beti Padhao” (BBBP) campaign, very simple and truly impact full. “More will go to school and less will sit at home. This is how India’s daughters will be saved,”