Weekly Digest - 17 Oct 2009

Friends, I just collate the news that I read during the week. I could not do much reading this weekend and hence less contents, but good contents.

Let me take this opportunity to wish you all a HAPPY & SAFE DIWALI

Contents

Economy 

• India may see 8% salary hike this yr, 10.9% in 2010 
• UID scheme: Fingerprinting or iris scan during 2011 census
• Learning from Crises - Lecture delivered by Mrs. Usha Thorat, DG, RBI
• Emerging Market Concerns: An Indian Perspective - Dr. Subbarao, Governor, RBI 

Legal & Tax

• Revised procedure for acceptance of address proof alongwith PAN application 

Management

• How to Handle the Pessimist on Your Team - Harvard Business
  
• The Smart Way to Influence Your Boss - Harvard Business
  

India may see 8% salary hike this yr, 10.9% in 2010

India Inc is expected to witness an average eight per cent salary increase this year and as much as 50 per cent of companies have strong hiring plans for the next three months, a survey by global HR consultancy Mercer says. The Mercer India Monitor quarterly survey also shows an optimistic sentiment for 2010, with salaries expected to rise by as much as 10.9 per cent next year.

"Despite the fact that past year saw slowest growth in a long time, the economy is expected to grow at over six per cent and industry is estimated to see overall average salary hikes at 8 per cent for 2009," Mercer's information product solutions business India leader Gangapriya Chakraverti said. CLICK HERE FOR FURTHER READING

UID scheme: Fingerprinting or iris scan during 2011 census

The upcoming 2011 census will see the government capturing all your 10 fingerprints or do an iris scan for the National Population Register that will come in handy for the ambitious Unique Identification Number project.

The Unique Identification Number scheme, which is expected to roll out the first number in 12-18 months, will be first conferred on the beneficiaries of the the centre's flagship programme under the National Rural Employment Guarantee Act. CLICK HERE FOR FURTHER READING

Learning from Crises - Lecture delivered by Mrs. Usha Thorat, DG, RBI

CLICK HERE to read the lecture given by Mrs.Usha Thorat during the The 'Institute of Banking and Finance (IBF) Distinguished Speaker Series' lecture at Singapore on October 12, 2009. Interesting one.

Emerging Market Concerns: An Indian Perspective

CLICK HERE to read the remarks by Dr. D. Subbarao, Governor, Reserve Bank of India at G-30 International Banking Seminar in Istanbul on October 5, 2009 organized on the occasion of the IMF-World Bank Annual Meetings 2009.

Revised procedure for acceptance of address proof alongwith PAN application

AS per the circular no 321 the additional procedure for acceptance of proof of address alongwith PAN applications received from Individuals and HUF are as under:

1. While accepting “Application for allotment of PAN (Form 49A)” if both the addresses (residence and office) are mentioned in the application form and office address has been selected as communication address, then POA has to be collected for residence as well as office address. CLICK HERE TO READ FURTHER

How to Handle the Pessimist on Your Team - Harvard Business

Turning Negativity into Productivity
Dealing with a pessimist on your team can be a frustrating and time-consuming experience. Attempts to ignore or counter frequent negative comments may simply incite further negativity. Good news: by being proactive you can help the pessimist change his behavior and enable your team to achieve greater productivity. CLICK HERE TO READ FURTHER

The Smart Way to Influence Your Boss - Harvard Business

How can I sell this idea to my boss?
This is something that executive coaches hear regularly. It usually comes from someone seeking to lead from the middle. To begin to answer this question, let me tell you a story. TO READ THE STORY, CLICK HERE

Cheers,

Gopal