While employees were to pay tax by March 31, they did not have the interest rate on EPF for the year available with them. (Representative image)
NEW DELHI: Before deciding to tax interest earned by private sector employees contributing over Rs 2.5 lakh towards provident fund from April 2021, the government had decided to bring employers’ contribution of over Rs 7.5 lakh towards retirement savings into the tax net last year.
In the previous year’s Budget, finance minister Nirmala Sitharaman had decided to tax employers’ contributions to provident fund, National Pension System (NPS) and approved superannuation funds in excess of Rs 7.5 lakh annually as a perquisite in the hands of employees, apart from the annual accretion on the “excess contribution”.
Companies go beyond gender, eye neurodiverse talent
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This story is from December 31, 2020
Companies go beyond gender, eye neurodiverse talent
Namrata Singh / TNN / Updated: Jan 4, 2021, 17:44 IST
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(Representative image)
MUMBAI: Progressive companies understand the importance of diversity and inclusion (D&I) beyond gender. But even while India Inc is still scratching the surface with respect to gender diversity, some organisations like EY and Fujitsu India have begun to transform their work culture to embrace neurodiverse talent too.
Other than dyslexia, autism and ADHD (attention deficit hyperactivity disorder) that are generally known, neurodiverse would also include people who display certain behavioural traits during work pressures and group discussions.