Prime Minister Narendra Modi on Tuesday announced complete lockdown of the entire country, as part of government’s stringent efforts to tackle coronavirus disease Covid-19.

“Today, I am going to announce a very important measure in our fight against Covid-19. The entire country will be under lockdown from today. The complete lockdown will come into effect from midnight tonight,” PM Modi said in his address to the nation.

This lockdown will be in place for 21 days and more stringent than Janta Curfew, he added.

https://m.hindustantimes.com/india-news/pm-modi-to-address-nation-on-coronavirus-shortly/story-aR7ugx57A8sRiXX5MHAcpL_amp.html

    • One of the leading service provider to the oil and gas and processing industry

    • They are culturally diverse, international company having a legacy of 3 decades

    About Our Client

    • They are one of the leading international service provider to the oil & gas industry and processing industry having a diverse client portfolio
    • They have a legacy of three decades focusing on clients, operational excellence and supporting market’s changing need

    Job Description

    The profile will have the following responsibilities:

    • Legal Entity Management-

    Perform the relevant monthly transactional accounting processes

    Identify solutions to improve effectiveness and efficiency of accounts payable and inter-company transactional accounting processes

    Preparation of the Corporate legal entity financial statements

    • Financial Controls-

    Preparation of the Corporate legal entity financial statements-

    Operate the controls over the financial statement risks associated the Corporate entities

    Ensure that bank reconciliations are meaningfully performed

    Identify opportunities to optimise the financial controls framework

    • Management Reporting-

    Deliver streamlined and standardised reporting, fully utilising technology options e.g. PowerBI

    Perform procedures to ensure that purchase orders are coded correctly

    Provide proportionate support and challenge to budget holders to understand the cost performance and optimise cost management

    The Successful Applicant

    A successful candidate should have:

    • 5-10 years’ of experience with listed multinational company within corporate finance
    • Bachelor’s Degree in Finance / Accounting
    • CA professional
    • Skill with Hyperion Financial Management is a must
    • Awareness of Power BI

    https://www.michaelpage.co.in/job-detail/corporate-entity-controller5-10years-experience/ref/4125433

      Hiring for Global Educational Services Network

      3 – 5 Years
      Delhi, Noida, Gurgaon

      Job Description

      Here is a wonderful chance to work with one of the largest Educational services company, and get a chance to grow and earn laurels in this field. Read on.

      Almost 2 decades old, our client is a pioneer in providing education-based administration services for local and international examinations. Their network is spread across 40+ locations in Asia and the UK. They have provided services to nearly a million candidates. They are associated with some of the most well-known Universities and Councils in USA, Europe, and Australia and assist in the management of their examination services.

      Based out of Gurgaon, their network consists of universities, training providers, higher education institutions and schools. Their founder team and senior management put together, constitutes of decades of experience in Business, Education, and Management. Their aim is to provide quality services along with constant innovation and professionalism, with a proven track record.

      As an Assistant HR Manager , you will be owning and delivering on the hiring strategy and its execution. You will be sourcing potential candidates on a large scale and building capabilities to help reduce the time to hire (TAT), optimizing the hiring cost, and delivering the best sales talent. Your responsibility also revolves around retaining the best talent. You will be organizing HR driven activities to improve employee engagement and ensuring that company values and culture are echoed.
      What you will do:
      • Managing the complete recruitment lifecycle for sourcing the best talent from diverse sources as per manpower requirements for PAN India Locations.
      • Responsible for Lateral Hiring & Campus Recruitment (Entry Level, Middle Level & Higher-Level Hiring)
      • Screening incoming resumes and application forms
      • Assisting payroll department by providing relevant employee information (e.g. leaves of absence, sick days and work schedules)
      • Conducting all new-hire orientations
      • Maintaining database of employee records as well as all active and inactive applications
      • Preparing HR documents, like employment contracts, new hire guides, revising company policies
      • Leading career conversations, facilitate leadership connect, and motivating employees through innovative Rewards & Recognition programs.
      • Responsible for employee verification

      Required Candidate profile

      What you need to have:

       
      Eligibility Criteria

      • Proven work experience as recruiter and HR welfare
      • MBA in Human Resource Management
      • Minimum 3+ year work experience in Talent Acquisition
      Must Have

      1. Proficient in English language (Written & Oral Communication) – CEFR Level C1 / GETS Scale of English Level 7
      2. Knowledge of end-to-end HR proces.                                Recruiter Name:akshay@myunnati.com

        Contact Company:Unnati

        Reference Id:HRM001@PED

        Big Four firm PwC announced on Monday that its PwC Charitable Foundation will donate new grants totaling $2.85 million to organizations supporting communities impacted by COVID-19.

        Previously, the PwC Foundation made a $350,000 grant to Project HOPE in late February to supply protective equipment for healthcare workers in the Wuhan and Shanghai provinces of China.

        PwC’s grants include:

        • $500,000 to Feeding America’s COVID-19 Response Fund. The donation will assist in mobilizing the distribution of emergency food boxes through Feeding America’s network of national food banks.
        • $500,000 to Direct Relief. Funds will go towards containing the spread of COVID-19 by obtaining and delivering protective equipment to frontline health workers at community health centers and clinics, as well as increasing the support for CHCs’ management of patients with chronic illnesses.
        • $1.5 million to address challenges local cities are facing. Funds will go towards nonprofit organizations with needs across the U.S.

        “We have never experienced a crisis like COVID-19,” said Yolanda Seals-Coffield, president of the PwC Foundation, in a statement. “The illness itself and subsequent disruption to people’s lives is dramatic and exacerbated by social distancing precautions that prevent us from getting out to volunteer as we have in the past. These donations allow us to have an immediate, positive impact while we innovate around new ways of engaging our people to give back virtually.
        https://www.accountingtoday.com/news/pwc-donates-2-85m-to-coronavirus-related-efforts

         

         

          Nirmala Sitharaman LIVE: GST, ITR filing, Aadhaar-PAN linking deadlines extended to June 30

          • Modi government is working on an economic package for industries affected by coronavirus
          • A total of 32 states and union territories are under lockdown as the number of Covid-19 cases went close to 500
           

          NEW DELHI : Union Finance Minister Nirmala Sitharaman today addressed a press conference on various statutory and regulatory compliance issues amid a complete shutdown almost all over the country to control the spread of the highly contagious coronavirus or Covid-19 infection. The finance ministry is already working an economic package to mitigate the impact of coronavirus on the Indian economy. Prime Minister Narendra Modi has also announced setting up of a task force, to be headed by Sitharaman, to look at measures to limit economic hardship caused by the COVID-19 pandemic.

          Announcements by Nirmala Sitharaman:

          -MS Mani, Partner, Deloitte India, said the extension of GST return filing timelines together with the deferment of e-invoicing and new returns announced earlier would allow businesses to focus on resumption of business processes once normalcy resumes in future. “The waiver of interest, late fees and penalties for SME’s would enable them to focus on reviving their businesses once things are back to normal

          “The extension of the Sabka Vishwas scheme to 30th June, with zero interest would be beneficial to those businesses who have past liabilities which have significant accumulated interest liabilities “

          – Comments: Archit Gupta, Founder and CEO, ClearTax, said various filing extensions and relief in compliance is essential for businesses to tide over these difficult circumstances. “Businesses must also use this time to explore ways to become more and more tech focussed. They must now move compliance completely digitally, use cloud based services, and build strong controls and systems so teams can work digitally and remotely. The situation may not improve in the near future. Hopefully, the economic package in the works will help businesses recoup from fall in revenues, which is very much likely in the coming quarter,” Gupta said.

          -Minimum balance waiver is for three months at the moment: FM

          -We are consciously monitoring the stock market thrice in a day: Sitharaman

          -All regulators, the RBI and finance ministry working together to keep monitoring volatility in stock markets: FM

          -There was a lot of pressure on people to follow the March 31 deadline and so we have extended it: FM

          -Finance ministry is working on suggestions coming from the task force. Economic package is being worked out. Sooner we shall come with an announcement on that: FM

          -Every attention being given to the economy. PM is closely monitoring situation: Sitharaman

          – Bank charges reduced for digital trade transaction for all trade finance consumers: Sitharaman

          -Go to banks only when it is absolutely required. Do online transactions

          -Minimum balance charges waived off for bank accounts: FM

          -Debit card holders who withdraw cash from any ATMs can do it free of charge for 3 months: FM

          – IBC Section 7, 9 and 10 may be suspended for six months to stop companies being forced to insolvency: Sitharaman.

          -Insolvency and Bankruptcy Code: The existing threshold of 1 lakh hiked to 1 crore. This is being done to protect MSMEs.

          – For a director in any company, less than minimum residency of 182 days, shall now not be treated as a violation: Sitharaman.

          -For newly incorporated companies: 6 more months to file commencement of business report.

          – Vivad se Vishwas tax dispute resolution scheme extended by 3 months to June 30. Those availing the scheme by the extended deadline will not have to pay 10 per cent interest on the principal amount: Sitharaman.

          -Applicability of Companies Auditors’ Report Order 2020 shifted to 2020-21: FM

          -Board meeting rules relaxed for 60 days: FM

          -Customs clearance now an essential service, till June 30th, 2020 it will be working 24/7: FM

          -For bigger companies, only interest but no late fee and no penalty for GST: FM

          – For companies with less than 5 crore turnover, no interest, late fee or penalty will be charged: Sitharaman

          -Deadline for filing March, April, May GST returns extended to June 30: Sitharaman.

          – No move to impose financial emergency as was claimed by some reports: FM

          -Vivad Se Vishwas Scheme has been extended from April 1 to June 30. No additional 10% payment: FM

          -Aadhaar-PAN linking deadline extended to 30th June: FM

          -Delayed deposits of TDS, only reduced interest rate of 9% will be charged on delayed deposits till June 2020. No extension of deadline.

          -FY 2018-19, the last date for income tax returns will be now extended to June 30: Sitharaman.

          -For delayed payments, interest rates have been cut.

          -Sitharaman to announce on bank related compliance issues.

          -FM to announce relief related to tax return filing.

          -We are very close to announcing an economic package: FM

          -FM begins press briefing through video conferencing.

          -CII has written to Prime Minister Narendra Modi seeking a fiscal stimulus of 1 per cent of the GDP amounting to 2 lakh crore to needy citizens through Aadhaar-based direct benefit transfer.

          -Industry leaders have sought fiscal and monetary stimulus measures urgently to combat the impact of coronavirus on the economy.

          -Several industry bodies have requested the government to extend the last date for filing of income tax and GST returns.

          https://www.livemint.com/news/india/nirmala-sitharaman-live-announcements