Budget 2024-25: Staffing firms anticipate tax relief and 9% PF interest rate

“Tax relief stands as the most prominent expectation, with a strong desire for increased basic exemption limit from the current Rs 2.5 lakh to Rs 5 lakh, which will significantly reduce the tax burden for lower and middle-income earners and improve spending.”

Latest Press Releases

Budget 2025: TeamLease CFO seeks clarity on employment incentives

As of now, there has not been any movement. We need notification on how these programmes are going to get implemented. So only then we...

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Indian Automotive Sector Set for 70% Workforce Growth in FY25

The automotive sector is witnessing a shift as it adapts to changing consumer preferences and technological advancements. The focus on EVs, connected vehicles, and premium...

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Auto sector seeks GST revision, inclusive schemes for EVs

Focus should be on employment generation, skill development, and fostering the growth of the EV segment in the auto industry, as well as enhancing workforce...

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Travel & Hospitality Sector in India projecting 8.2% net employment change in HY2 FY2025

The positive hiring intent by 66% of the companies we’re seeing in the travel and hospitality sector tells a compelling story about how the industry...

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Travel & Hospitality Sector in India projecting 8.2% net employment change in HY2 FY2025

The positive hiring intent by 66% of the companies we’re seeing in the travel and hospitality sector tells a compelling story about how the industry...

Read More
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