Archive for March, 2010

Tip of the Day 31 March, 2010

Execute well… Execute well or get well executed ! Get Skilled or get killed ! – Rajeev Karwal For more business wisdom, please visit : www.rajeevkarwal.com

Legal Tip of the Day 31 March, 2010

Termination or retrenchment of an employee calls for prior permission from government A company is required to obtain permission from concerned State government prior to termination or retrenchment of any employee. This is to be done in pursuance of Industrial Disputes Act, 1947 and Standing Orders of the Company. It holds true for a Company [...]

Legal Tip of the Day 30 March, 2010

A sales representative, discharging duties of clerical nature, will be workman under Industrial Dispute Act Madras High Court decided in Management of Holy Faith International Pvt., Chennai Vs Presiding Officer1 that an employee who is designated as sales representative but discharging the duties of clerical and manual nature will be a ‘workman’ under the Industrial [...]

SME News: 30 March 2010

India-Iran trade relation attract Indian SMEs Bilateral trade between India and Iran is picking up pace from US$11.17 billion in 2007-08 to US$14.55 billion in 2008-09. The economy of Iran largely … Source: made-from-india.com Anand Sharma calls for greater credit support for rural SMEs In a bid to facilitate an all-inclusive development of the SME [...]

Tip of the Day 29 March, 2010

An ‘Attack’ of any hue… An ‘Attack’ of any hue must have a ‘tack’……an intention to ‘Scare’ someone must be born out of honest ‘Care’. – Rajeev Karwal For more business wisdom, please visit : www.rajeevkarwal.com

Legal Tip of the Day 26 March, 2010

Bonus can be claimed even after leaving the job An employee who is eligible to receive bonus according to the Payment of Bonus Act, 1965 can claim the same for the period equivalent to what he has worked for, even after leaving the job. Such bonus, which is due and unpaid, can be claimed by [...]

SME News: 26 March 2010

Should You Advertise on Facebook? According to a new study, when it comes to consuming news online, users are more loyal to Facebook than they are to Google News—leading brands to shift… Source: inc.com How to Make Money on iPhone Apps Sure, the marketplace is teeming with competing apps. But there still is tremendous opportunity [...]

Tip of the Day 25 March, 2010

Want lesser fiction… Want lesser fiction and higher ambition ? Simple…develop conviction ! – Rajeev Karwal For more business wisdom, please visit : www.rajeevkarwal.com

Legal Tip of the Day 24 March, 2010

Earned leaves encashed are now not liable for Provident Fund deductions March 12, 2008 onwards no Provident Fund deductions can be made from the amount received by an employee by encashing the earned leave. This is because earned leaves that are encashed do not constitute a part of ‘basic wages’ under Section 2(b) of the [...]

Tip of the Day 23 March, 2010

A super harvest… A super harvest of results is created just from one pure seed of commitment. – Rajeev Karwal