-Livemint.com Under the current income tax laws, if an employer is contributing towards the employee's NPS account, a deduction up to a certain percentage of salary qualifies for income tax deduction In the Budget 2021, tax experts expect the government to fix some anomalies in the NPS with regard to income tax benefits. They say that this will help in increasing the attractiveness of the National Pension Scheme. "For contribution towards Tier I...
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Why public employment is crucial for a healthy, equitable society -Jayati Ghosh
-Scroll.in Greater public employment ensures better deliver of public services to citizens. This is an excerpt from the sixth edition of the India Exclusion Report, a collaborative effort involving institutions and individuals working with a shared notion of social and economic equity, justice and rights. The report seeks to inform public opinion around exclusion and the role of the state and to influence policy-making towards creating a more inclusive, equitable and just...
More »Ground Zero: iPhone plant violence -- The making of a tinderbox -Sharath S Srivatsa
-The Hindu Long shifts and failure to resolve payment and overtime issues allegedly led to the violence by the workers in an iPhone factory in Narasapura earlier this month. Sharath S. Srivatsa reports on the night of the unrest and the many violations of labour rules by Wistron Anxiety writ large on their faces, Abhishek and Sunil walk into a small playground littered with garbage. Their attentive eyes scan the area to...
More »The country should worry about further worsening of economic inequality in the post-COVID period
The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...
More »A mirage sold as a panacea for the unorganised sector -Mohan Mani and Babu Mathew
-The Hindu The labour codes will only better India’s ‘ease of doing business’ ranking instead of improving conditions of employment In an interview with The Hindu in October this year, the Union Labour Minister claimed that the four labour codes would generate employment and secure the basic rights of the workers. He also claimed that the labour codes seek to universalise the right to minimum wage of workers and social security entitlements....
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