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Hr in manufacturing firms
Hi this is dichloro.i have very frequently heard that manufacturing sector gives wider scope for hr related activities than services sector as the former gives a more solid and stable progression to your career.you get ample amount of thing to learn at a wider scale compared to service sector firms.is it true?here let me be clear that i respect the dignity of everyones labour and not underestimating any sector importance to the gdp.what your experience on it.only sensible replies please
Best hr practices
Hi all i m doing my summer project on best hr practices cud any one plz help me nd gv me the hr practices followed in various sectors like: manufacturing sector it sector bpo sector service sector banking sector financial sector telecommunication sector and send me on my email id sushmita.chakrabartihotmail.com
Split payroll for international workers - benefit of ssa (social security agreement)
In general there is two different way of processing the split payroll for any international worker and both are based on the ssa social security agreement signed between the countries. the government of india has entered into an agreement on social security with the government of belgium germany switzerland luxemborg france denmark korea and netherlands. this agreement aims at achieving equality on the principles of reciprocity and is intended to benefit the employees and employers of both india as well as the other country. the salient features of the agreement are: the employees of the home country deputed by their employers on shortterm assignment for a predetermined period of up to 60 months to the host country need not remit social security contribution in that country. export of pension due under the legislations of one country to the other country where the member might choose to live is possible. totalisation of the contribution periods earned while in service in both the countries for the purpose of deciding eligibility to benefits is possible under certain circumstances. the employers are saved from making double social security contributions for the same set of employees thereby enhancing the competitiveness of their products and services. in whole if both the countries have under went ssa employer does not need to remit the social contributions for the employee in both the country. where there is no ssa employer will have to remit all social security dues in the both the countries. in both the cases tax has to be deducted in both the countries where the employee is based. rgds..kumar anand
Salary trends in 2008- 2009 in retail sector
Hi we are in process of making hr budget for next year. one part is making provisions for salary hikes. need following information: list1 india s gdp in 2008 and projections for 2009 india s inflation rate in 2008 and 2009 projections salary hike in 2008 and 2009 projections. i have done the google serach but would like to have more authentic source. please send in your suggestions on links/ reports we can refer to.
Covid-19 pf contribution of both employer and employee will be reduced to 10% each from existing 12%
Union finance minister nirmala sitharaman on wednesday announced the statutory provident fund or pf contribution of both employer and employee will be reduced to 10 each from existing 12 each for all establishments covered by epfo for the next three months. and what will be the rate of contribution towards epf & eps employer when it is fixed to 10 for the next 3 months. what does the below statement mean: "in the said notification in ii after clause iv the following clause shall be inserted namely: v any establishment other than central public sector enterprises and state public sector enterprises and other establishments owned by or under the control of the central government or the state government as the case may be in respect of wages payable by it for the months of may june and july 2020. is this applicable for state/ central public sector enterprises? & what will be the rate of contribution towards epf & eps employer when it is fixed to 10 for the next 3 months.
Employers contribution to pension fund
I was employed with a private sector bank where my employer s contribution of provident fund was contributed to pension fund. as per 1995 pension rules all bank employees under iba pay scale are having compulsory pension. as per the directives of the law we didn t have option of taking employers contribution in the provident fund hence the contribution has been since directed to pension fund. i left the bank after 4 years and 11 months of service. now when i am asking about the bank s contribution they replied that as i have not completed minimum years of service for pension eligibility they cannot provide me the employers contribution. they gave back only my contribution of provident fund without any employer s contribution. my question is can i claim the money? regards shiv