I know this LocalCircles circle has many startup founders and Entreprenuers. My question is why was everyone hiring like mad and now suddenly huge layoffs. This go mechanic laid off 70% workforce. I mean what kind of companies build such bubbles and then shut. Microsoft laying off 10000. Share chat, Ola and on and on. What a mess. more
there are 2 question in 1 statement. (1) why so huge employment is done why not plan. (2) why there is lay off. my answer is companies do so when they find profitably is likely to go down in coming years. This is fear. the best solution would be company to offer job basis contract to to the layoff worker. with condition of time, and say U can do job out side too but not the similar. this may solve problem of both employee and employer more
Imagined number games and playing with the future of the skilled workforce, has become a usual habit in India. Don't know who believes and invests in them. Wherein the same cannot be practiced elsewhere, especially in Europe. While the population has been a boon for India, it is a bane as well, where one gain on others' loss. This practice needs immediate attention, while the gainfully working masses can continue to contribute in a meaningful way and keep increasing experience with salary and may not be forced to stare the unbalanced work-life mathematics and feel scared to keep paying monthly bills for home and kids. It is a dangerous trend that has been increasing and throwing life out of gear for those impacted. more
36% students from IIT bombay are unemployed at graduation. Where exactly are we headed as a nation. Imagine the state at NITs and other govt engg colleges. Private colleges to we must forget only. ...
Dumbest thing in GST is using PAN as GST number and Mandating displaying GST number in Sign Boards. So that everyone on street knows our PAN. PAN is used as password in income tax docume...
Google India hiked the rate of business mail by 350 %. With fear of recession looming and when msme are struggling this is not the right thing to do. It will cost msme sector 5000 crore per year...
Still GST system is not 100 % user/official friendly. there are news that so much money (in lacs) collected by fraudulent GST bills. I am a GST registered vendor. The company turn over is almo...
Many of you know how LocalCircles had worked with the Government in 2019 on resolution of angel tax issues under Section 56 (2)(viib) of the Income Tax act. Once again, the Government h...
Now our IT portal has become sick being suffering babu virus or extortion virus. McA site never works on last days and people have to pay penalties for mistakes of govt. Now professionals are wasti...
What about income tax return filing date? Any extension thereof? As of today, I am not able to file the return . Has any one else file the income tax return? Has Portal issue been solved? I have al...
I have been doing and promoting small business for the last 30 years. The real problem is that the ministers and their secretaries don't have practical experience and they look for 5 trillion dolla...
I find it quite interesting that the ministers want to deal only with tata adani ambani and not the real msme and startups. Why is the msme minister (appointed this week Narayan Rane) his secretary...
FICCI the industry association has written to Centre saying most of 40000 ventilators manufactured under PM Cares Fund last year are lying unused at government facilities. Mainly due to negligence ...
By Sudesh Rai
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