TalentPro India Blog - Statutory Compliance for Pharma Industry

Drug Makers’ Laws – Statutory Compliances For Pharmaceuticals

Being a chemical-based, life science and life-saving industry, the pharma industry is regulated and monitored strictly by many rules and compliances. Statutory compliances for pharma companies is compulsory and non-negotiable. Compliance laws for pharma companies are quite stringent and Indian pharma regulations violations are viewed very seriously. TalentPro’s statutory compliances solutions are your insurance against any problems arising out of non-complianceIndia’s pharmaceutical manufacturing journey started even before we attained our independence. Bengal Chemical and Pharmaceutical Works Limited, later renamed as BCPL,...

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TalentPro India Blog - Data Analytics

Big Tax Data Analytics – Tax Planning & Compliance

Rules and regulations keep changing. For example, labour laws or taxation are critical areas which are subject to changes depending on the political and governance situation. It is quite an effort to be abreast of the changes in compliances and rush to incorporate the changes or alterations. Understanding previous rules and their amendments pile on the additional workload on small business.The tax has been a relatively late adopter of analytics. However, nowadays tax integrates technology enabled; group-wide tax processes, and feeds...

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Blog - HR Challenges in Automobile Industry

Automobile Industry: Critical HR Challenges

Indian Automobile Industry has grown well over the years. With the rise in income of general citizens, there has been a strong demand from across the board. However, with growth, there come challenges. The recent spate of product recalls it has shaken the confidence of the industry somewhere or the other. The problems and difficulties associated with the Automobile industry have a human dimension too.Automobile industries need effective HR management to build and maintain teams.  The Human Resources (HR) department manages all...

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TalentPro Blog - HR Challenges in the Manufacturing Industry

10 CHALLENGES FOR HR IN THE MANUFACTURING INDUSTRY

After agriculture, manufacturing is the key employer for low skilled and semi-skilled workers in India. The manufacturing sector in India contributes majorly in uplifting rural areas through industrialization. Manufacturing sector empowers the country in reducing regional imbalances by ensuring equitable distribution of national income and wealth. HR is a very critical factor in the business development for any sector. To enhance overall performance in the manufacturing sector, there is a need to improve competitiveness via better human resource management....

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TalentPro Blog - HR in OLA, Uber & Taxi Firms

How do Human Resources work in Uber, Ola, and other Taxi firms?

Uber and Ola are online transportation network companies. Both these companies operate on a pan India basis, having a network in every major city in India. These companies develop markets and manage the Uber Mobile App, which allows the customer with a smartphone, to submit a trip request, which is then routed to Uber drivers, who use their cars. Fares are calculated according to a formula. Uber and Ola have a minority share in the bills, and the drivers...

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Payroll Solutions

10 Exciting New Tax And GST Offers In The New Financial Year

As we enter new Financial Year 2019-20, let’s have a look at the various changes under the Income-tax law and GST which shall be applicable from April 1, 2019.Income tax1. Section 87A rebateThe amount of tax rebate has been increased from Rs. 2,500 to Rs. 12,500. It is applicable for income not exceeding Rs. 5, 00,000.2. E-deduction from salaryThe limit of standard deduction has been increased from Rs. 40,000 to Rs. 50,000.3. No deemed rental income on having two...

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