BusinessLogrBusinessLogr
  • Home
  • Stocks
  • Finance
  • Business
  • Company
  • Economy
  • Industry
  • Investing
  • Car News
  • Contact Us!
Reading: Coronavirus lockdown | IT industry pushes to recast labour, tax rules for work-from-home model: Report
Share
Aa
BusinessLogrBusinessLogr
Aa
  • Home
  • Stocks
  • Finance
  • Business
  • Company
  • Economy
  • Industry
  • Investing
  • Car News
  • Contact Us!
Follow US
© 2023 BusinessLogr News Network.
BusinessLogr > Industry > Coronavirus lockdown | IT industry pushes to recast labour, tax rules for work-from-home model: Report
Industry

Coronavirus lockdown | IT industry pushes to recast labour, tax rules for work-from-home model: Report

Loknath Das
Last updated: 2020/05/12 at 1:34 PM
Loknath Das Published May 12, 2020
Share
3 Min Read
SHARE

Representative image

The information technology (IT) industry has approached the central government ministries to flesh out changes to taxation and labour laws in line with the work-from-home (WFH) model.

While the coronavirus pandemic forced offices to migrate to WFH, many are expected to continue this even once a solution for the current health crisis emerges. At least 4.3 million IT workers or half the sector’s workforce would WFH permanently, estimates say.

Industry leaders were asked to detail the changes required when they met with government officials in early May. NASSCOM is preparing a report outlining an action plan, which is expected to be sent next week, The Economic Times reported.

It will go to the Department of Telecom and the Labour Ministry for further action, a government official told the paper.

Moneycontrol could not independently verify the report.

The amendments would have to take into account employee safeguards while providing employers with flexibility. This could benefit students, women and the disabled, officials said.

Besides new provisions for WFH, the industry also requested that concessions given till July be made permanent. These include the relaxation in telecom norms allowing back office employees to WFH and allowing equipment to be moved from special economic zones (SEZs) to remote-working facilities, it added.

UB Pravin Rao, COO at Infosys and Chairman of NASSCOM, told the paper that there were “a host of things to relook” and that some labour laws would have to be reworked from a “fresh lens” to cater to the WFH environment.

Ashish Aggarwal, the senior director and head of public policy at NASSCOM, felt that updates would be needed to allow flexible work hours and shift timings, and specify employer obligations in terms of health and safety measures as home may become “the new workplace”.

Aggarwal added that reviewed IT provisions would have to reclassify benefits to workers – such as office furniture, internet connection, etc. from expenses to employers to business expenses.

The IT industry has been quick to adapt, with 90 percent of the sector’s workers now working from home. TCS is looking at moving 75 percent of its workforce to remote model by 2025 while HCL Technologies has proposed to move 50 percent staff to remote model, with the rest on rotational basis. Tech Mahindra may start with 25 percent WFH and then expand, CEO CP Gurnani said.

source: moneycontrol

You Might Also Like

Why a cutting-edge billing system is essential in 2025: Accelerate Your Telecom Growth

SEO for Life Sciences: How to Outrank Competitors and Drive Organic Traffic

Cognitive Market Research: A Method for Obtaining Industry-Specific Impactful Insights via Industry Blogs

How to Start a Blog That Makes You Money

Simulated intelligence Patterns in Telecom 2025: Tackling Basic Industry Difficulties

TAGGED: Coronavirus, for, industry, It, labour, lockdown, Model, Pushes, recast, report, rules, Tax, to, work-from-home, |
Loknath Das May 12, 2020
Share this Article
Facebook Twitter Email Print
Share
Previous Article Google appoints ex-Microsoft executive for cloud business in India
Next Article Government package to help Industry regain its Mojo

Most Viewed Posts

  • Environmental thematic investing set for strong growth in 2022
  • Second income center in banks
  • T-Mobile Adds Mexico, Canada to Simple Choice Plan
  • 20 Fitness Franchises: Planet Fitness and Beyond
  • 18 Tea Franchises to Challenge Teavana

Most Viewed Posts

  • Environmental thematic investing set for strong growth in 2022
  • Second income center in banks
  • T-Mobile Adds Mexico, Canada to Simple Choice Plan
  • 20 Fitness Franchises: Planet Fitness and Beyond
  • 18 Tea Franchises to Challenge Teavana

Recent Posts

  • Why a cutting-edge billing system is essential in 2025: Accelerate Your Telecom Growth
  • 5 things to know in life sciences: Week of April 21, 2025

© 2023 BusinessLogr News Network.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?