English: CREW Advisory Services is a New York based recruiting firm. The company’s website is http://www.crewadvisory.com (Photo credit: Wikipedia)
Corporate Companies and Business Houses are reported to be paying extra Service Charges(Commission is euphemistically called) for recruiting female Employees.
The HR Consultants are being paid an extra of between 2-10 % for Recruiting Females.
Deutsche Bank pays @% more and some others up to 10 % more if the Organisations hire Females.
We do not know how much more incentive the Company’s HR Department gets paid.
Sodexo does not accept candidates by the Recruiters if female candidates are not included while Kotak Mahindra goes in for only females for internal jobs.
One can understand if the recruiters are advised and paid more for sending qualified and experienced candidates irrespective of Gender.
All of us know why women are selected as Receptionists and Customer Care Center Executives.
To pay more in the form of Commission because the candidate is a Female..?
They are effectively assisted by Accountants ,who under the guise of tax planning ,cheat the Government of Taxes.
Sting is the Government approves them and enroll them by training them/approving the Institutes that train them in their discipline.
They are called Financial Consultants,Chartered Accountants(chartered to evade tax?)
If the Accountants were to be honest, there would be no tax frauds.
General Electric is America’s biggest firm, but it’s not paying a dime in UStaxes this year—instead, it has claimed a $3.2 billion tax benefit, the New York Times reports. Though it made a $14.2 billion profit in 2010, $5.1 billion of which was made here, GE’s aggressive accounting strategies and lobbying have, year after year, cut its tax burden on US profits. The reported figure is 7.4%, a third of what most American multinational firms pay—and thanks to offshore shelters, it’s even less in reality.
The company’s huge tax department, which includes former IRS members and writers of the tax code, has been called the best tax law firm in the world. GE has lobbied to change tax law in order, for example, to get credits for its wind turbine projects. The company is unapologetic: “We are committed to complying with tax rules and paying all legally obliged taxes,” says a spokeswoman. “At the same time, we have a responsibility to our shareholders to legally minimize our costs.”
I’ll admit to having a visceral negative reaction, in part because GE is an important company that most people have high expectations for. So I wanted a bit of distance before composing some thoughts. I thought it would also be interesting to see GE’s reaction and response before jumping to conclusions. But even after mulling it, I feel like the whole affair is not good for anyone — the country, the business world, or even GE itself.
Ok, so the facts are these. GE made $14 billion in profits in 2010, $5 billion in the U.S. Its tax bill in the U.S. will benegative $3.5 billion (as in getting money back). Is this legal? Of course it is. But the question on everyone’s lips is whether a company can be a solid, contributing member of society and pay no taxes.
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