Arsenal have completed the £34m signing of Greece international Christos Tzolis, 24, from Club Brugge on a five-year contract. He joins as a replacement for Leandro Trossard and is Arsenal's third permanent summer transfer, arriving after the club missed out on Morgan Rogers.
Section 80CCD(2) provides a significant tax deduction for employer contributions to the National Pension System (NPS), a benefit that remains available under India's new tax regime. This makes Corporate NPS particularly attractive for salaried individuals, especially those in the private sector, allowing them to reduce taxable income and build retirement savings.
UK job vacancies dropped to 712,000 in June, nearly half of 2022 levels, as employers delay hiring. Unemployment held at 4.9%. Economists warn of a fragile labor market, while the new PM Andy Burnham faces pressure to boost the economy amid rising costs and global conflict.
An organized network facilitates illegal Bangladeshi immigration into India, providing cheap labor to Indian employers in sectors like textiles and construction. Touts manage infiltration, transport, and forged documents. Assam recently busted a network, making 34 arrests, and sought a legal framework to hold exploiting employers accountable at a conference chaired by Home Minister Amit Shah.
UK Chancellor Rachel Reeves is launching a new "skills compact" with financial firms like Barclays and Lloyds to retrain thousands of workers for the AI revolution. The initiative commits employers to improving skills and keeping pace with technological changes, aiming to future-proof jobs and maintain the sector's competitiveness.
Despite new GLP-1 drugs and Medicare coverage, most employers aren't covering them for weight loss due to high costs. Many are exploring alternative support methods for employees.
Despite new GLP-1 drugs and Medicare coverage, most employers aren't covering them for weight loss due to high costs. Many are exploring alternative support methods for employees.
The District Consumer Commission in Lakhimpur Kheri, UP, found SBI guilty of deficiency in service for sharing a customer's savings account details with his former employer without consent. The bank was ordered to pay compensation and legal costs.
The UAE is enforcing its annual Midday Break program (June 15-Sept 15) with fines up to Dh50,000 and work permit suspension for violators. The rule prohibits outdoor work from 12:30 PM to 3:00 PM to protect workers from heat-related illnesses.
US employers added only 57,000 jobs last month, less than half the previous month's total, signaling a cautious economic outlook. The unemployment rate fell to 4.2%, partly due to people leaving the workforce. Sectors like restaurants and retail saw job cuts.
US employers added only 57,000 jobs last month, a significant slowdown indicating economic unease. Despite a slight unemployment rate dip, high inflation and low consumer confidence keep businesses cautious, with a slowdown anticipated this quarter.
US employers added 57,000 jobs in June, half of economists' predictions, while past figures were revised down. The unemployment rate fell to 4.2%, but 720,000 people left the labor force. Inflation, influenced by the Middle East war, remains a key concern for the Federal Reserve.
The Employees' Provident Fund Organisation (EPFO) portal is still down despite a scheduled restoration for July 2, affecting thousands of users. The outage, for database consolidation and software upgrade, began June 26. Separately, a new EPF Scheme, 2026, has been notified, introducing digital reforms and new compliance initiatives.
The Employees' Provident Fund Organisation (EPFO) portal is still inaccessible despite the scheduled restoration time of July 2nd. The outage, initially for database consolidation and software upgrade, has affected thousands of users unable to access online services like claims processing and e-passbook.
EPFO mandates a 12% PF contribution up to Rs 15,000 monthly, with voluntary options for higher contributions. New rules simplify withdrawals to three categories and clarify employer responsibilities for contract workers.
EPFO mandates a 12% PF contribution up to Rs 15,000 monthly, with voluntary options for higher contributions. The new scheme simplifies withdrawals to three categories and clarifies employer responsibilities for contract workers.
Uncertainty over H-1B visas in the US drives Indian professionals to consider the UK's Global Talent Visa as a backup, offering a shorter path to permanent settlement.
Ontario has launched three new Provincial Nominee Program pathways to permanent residency. These include streams for TEER 0-3 occupations, TEER 4-5 occupations, and self-employed physicians, each with specific eligibility criteria regarding job offers, education, and language proficiency.
The UK's record-breaking heatwave is causing significant economic disruption, with economists warning of productivity losses and damaged growth. The situation highlights inequalities in flexible working and the absence of maximum temperature regulations in many workplaces.
Hong Kong's equality watchdog, EOC, seeks HK$250,000 compensation for the family of Baby Jane Allas, a domestic helper fired in 2019 after a cervical cancer diagnosis. Allas died in 2021, and the District Court is now assessing the compensation amount for her five children.
Australia's Socceroos, needing only a draw against Paraguay to advance in the World Cup, urge schools and employers to screen the match live. Defender Jason Geria and SBS pundit Lydia Williams call for students to watch, while former captain Paul Wade suggests employers should accommodate staff viewing at work.
Pauline Hanson stated small businesses will "fold" under the cost of paid parental leave, despite it not being compulsory for employers to pay. Labor criticized her stance, suggesting she misunderstands the policy.
A new report highlights that underutilized tax incentives could save the U.S. economy up to $329 billion over 10 years by addressing childcare costs. The report by the U.S. Congress Joint Economic Committee points to low access to employer-provided benefits and complexity in navigating existing tax credits like CDCTC and DCAP.
A new report highlights that underutilized tax incentives could save the US economy up to $329 billion over 10 years by addressing the childcare crisis. Few workers access employer benefits, and existing tax credits like CDCTC and DCAP are complex and underclaimed.
