2015

PUNJAB SHOPS AND COMMERCIAL ESTABLISHMENT ACT, 1958

Punjab Shops and Commercial Establishment Act, 1958.

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THE FACTORIES ACT 1948, MAHARASHTRA SHOPS ESTABLISHMENT ACT 1948, AND OTHER ACTS

The Factories Act 1948, Maharashtra Shops Establishment Act 1948, and other Acts.

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PERMISSION TO MAINTAIN REGISTERS AND RECORDS IN ELECTRONIC FORMAT

Permission to maintain registers and records in Electronic Format.

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ESI IMPLEMENTATION FOR NEW AREAS IN TAMIL NADU

ESI implementation for new areas in Tamil Nadu.

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ESI IMPLEMENTATION FOR NEW AREAS IN TAMIL NADU (1)

ESI implementation for new areas in Tamil Nadu.

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ESI IMPLEMENTATION FOR NEW AREAS IN ANDHRA PRADESH

ESI implementation for new areas in Andhra Pradesh.

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ESI IMPLEMENTATION FOR NEW AREAS IN CHHATISGARH

ESI implementation for new areas in Chhatisgarh.

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REVISED RATE OF PROFESSIONAL TAX IN KARNATAKA

Revised rate of Professional Tax in Karnataka.

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REVISED RATE OF PROFESSIONAL TAX IN MAHARASHTRA

Revised rate of Professional Tax in Maharashtra.

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GRANT OF LICENSE UNDER SHOPS & ESTABLISHMENTS ACT

2.Grant of License under Shops & Establishments Act.

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AMENDMENT IN SECTION 192A OF THE IT ACT, 1961

Amendment in Section 192A of the IT Act, 1961.

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IMPLEMENTATION OF JEEVAN PRAMAAN

Implementation of Jeevan Pramaan.

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ESI IMPLEMENTATION FOR NEW AREAS IN KERALA

ESI implementation for new areas in Kerala.

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ESI IMPLEMENTATION FOR NEW AREAS IN TELANGANA

ESI implementation for new areas in Telangana.

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PUNJAB RATES OF WAGES REVISED UNDER MINIMUM WAGES, ACT 1948

Punjab rates of Wages Revised under Minimum Wages, Act 1948.

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SHOP AND ESTABLISHMENT ACT

Shop and Establishment Act.

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CONTRACT LABOUR (REGULATION & ABOLITION) ACT

Contract Labour (Regulation & Abolition) Act.

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SELF-CERTIFICATIONS

Self-Certifications.

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2014

TEAMLEASE EMPLOYMENT OUTLOOK REPORT - APRIL TO SEPTEMBER 2014

The Apr’14–Sep’14 HY sees a sentiment boost with upbeat organizations expecting business (outlook sentiment grew 4%) and employment (outlook sentiment grew 5%) to grow at a brisk pace. Reason for this optimistic outlook includes the results of the impending elections and fresh sector specific policies a new regime is expected to usher in.

Top gaining cities in employment outlook trends include Mumbai (up 4%), Bangalore (5%) and Ahmedabad (4%) while Delhi (4%) is projected to have an upswing in its business outlook trend. Losers include Kolkata and Chennai (both down 1% on employment outlook), Hyderabad (down 2% on employment outlook) and Pune/Chennai (down 2% on Business Outlook).

Healthcare & Pharmaceuticals (up 5% and 4% on Employment and Business Outlook, respectively) and Financial Services (up 4% and 5%) lead growth across both the trends. Infrastructure would witness a significant rise (4%) in its business outlook. ITeS stands to lose quite significantly (4%) on business outlook.

Hiring across entry and junior levels of hierarchy is going to pick up (moderately: 2% and 3% respectively). A lot of the functional areas report growth in their respective intent; with hot favourites being Sales/Marketing/Customer Service (up 5%) and Engineering (up 4%). Across most geographic levels, the growth in hiring intent is incremental.

Top three sectors (by city) in terms of employment outlook growth are -

Mumbai: Telecom (3%) / Healthcare &Pharma (2%) / Financial Services, IT (1% each)

Delhi: Infrastructure,Manufacturing & Engineering,Healthcare &Pharma (2% each)

Bangalore: IT (3%) / Financial Services, Infrastructure, Healthcare &Pharma, Telecom (2% each)

Chennai: IT, Retail & FMCG, Manufacturing & Engineering (2% each)

Kolkata: Manufacturing & Engineering (2%) / Retail & FMCG, IT (1% each)

Pune : Infrastructure (2%) / Healthcare &Pharma, Financial Services(1% each)

Hyderabad: ITeS, Retail & FMCG, Healthcare &Pharma(1% each)

Ahmedabad: IT (3%) / Retail & FMCG, Infrastructure (2% each)

Depth Surveys point to a few, rather peripheral, reasons for attrition emerging on the mainstream scene. More organizations are opening up to attributing terminated wrong-fit engagements to attrition. On a positive note, business growth – some of which is attributable to an anticipated GDP growth – is expected to significantly drive hiring activity.

Business outlook in the infrastructure sector is projected to increase by a substantial rate in the coming six months. This is in line with our literature research that also points towards a good business growth in this year. It also reveals that hiring is expected to increase during this year.

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TEAMLEASE EMPLOYMENT OUTLOOK REPORT - OCT 2013 TO MARCH 2014

Employment Outlook Survey - This half yearly edition brings you the yet another set of Survey findings:-

Net Employment Outlook reduces by 3 points in the upcoming half year (Oct-Mar 2014). Despite this bearish outlook, the recent fiscal policy revisions by the central government along with the upcoming 2014 elections have contributed towards the steadfast business sentiment and the Net Business Outlook sees a boost of 3 points in the forthcoming half year.

Infrastructure (+8 points), Retail (+6 points) and Healthcare/Pharma (+4 points) drive the business outlook this coming half-year. However, Manufacturing/Engineering has pressed the panic button with a substantial drop of 4 and 5 points in the Employment and Business sentiments. Meanwhile, IT suffers as there is a 6 point significant dip in the Employment Outlook and a 2 point marginal reduction in the Business Outlook

Sliced by cities, Ahmedabad (+6 and +7 points) and Bangalore (+5 and +4 points) lead a charge of positive growth in both Employment and Business Outlook indices. This degree of optimism amongst corporates is due to dynamic state governments of Gujarat and Karnataka in hyper-drive during the recent elections that took place in mid-2013. Pune loses badly as the Employment and Business sentiments go down by 4 and 5 points respectively. Other laggards include Chennai (3 and 4 point drop) and Kolkata (3 and 2 point drop) in Employment and Business Outlook indices.

The Hiring Intent measures do not vary appreciably by location, but see some pattern variation in terms of hierarchies and functional areas. The coming half year also sees Middle level positions (+4 points), stealing the limelight- a trend witnessed in the previous half year. Engineering (+5 points), continues its dream run and is the top most sought after function in terms of Hiring Intent. Sales/Marketing/Customer Service (+2) and Administration/HR/Office Service (+1) follow suit, however, with an incremental growth. IT witnesses a drop of 3 points and is at the bottom of the list.

Literature review on the IT sector points to a highly optimistic business sentiment as the sector exports are projected to grow at a significant rate during the current fiscal and new technologies such as Social Media, Mobility, Analytics & Cloud Computing acting as drivers of revenue growth. However, with factors such as backlog in the previous fiscal, high bench strength, rising expectation on the quality of talent and automation of jobs, hiring intent is projected to be low. Most importantly, the sector is seeing a major shift as ‘Non-Linear Growth’ models are being increasingly adopted across several organizations.

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