Infosys founder Narayana Murthy created a social media stir after suggesting that India’s youngsters must work for 70 hours every week in a bid to boost the country’s overall work productivity. His remarks sparked a national debate and invited both harsh criticism and voices of agreement. While some prominent business leaders backed Mr Muthy’s workweek schedule, others on the internet slammed the billionaire and called his proposed work schedule inhumane. Now, actor and businessman Suniel Shetty has also shared his two cents on the issue. 

In a LinkedIn Post, Mr Shetty said that the way he sees things when someone like Mr Murthy says something people should listen carefully, analyse it for themselves, and take the best out of it. “Even though this is a contentious issue, it’s important to stop & think about what he really meant. For me, it really isn’t about the number of hours. It isn’t about 70 or 100 hour weeks. The way I read his thoughts is simple – It’s about going beyond your comfort zone,” he wrote.

Further, Mr Shetty cited examples of Abdul Kalam, Ratan Tata, Amitabh Bachchan, and Virat Kohli as individuals who excelled in their respective fields. “Do we really think any of these individuals got to where they did in life, by playing within their comfort zones? Do we really think any of these individuals spent the early years of their careers worrying about whether they were striking the right balance between work & life?” he wrote. 

The actor backed Mr Murthy’s 70-hour workweek schedule, saying, “Why I see Mr Murthy’s statement for what it was really trying to convey, is because I do believe that young adults should spend their earliest years pushing their boundaries”. He also highlighted that honing skills, acquiring new ones, dealing with pressure, learning about other functions, working in collaborative environments and generally making the most of the opportunities, should be top priorities for all young adults. 

Also Read | Why Young People Get Heart Attacks: Doctor On Narayana Murthy’s 70-Hour Workweek Suggestion

Mr Shetty concluded by saying that while it is important to have time for family, health, hobbies, friends as well as other things, it is also true that the world is evolving rapidly. “Technology and AI are reshaping the world more than we can imagine. And we need to keep getting better. My dear future leaders – thrive for excellence, put in the hard work and cultivate your skills. Find mentors, build networks and invest in soft skills. The rest will fall into place,” he said. 

Notably, Narayana Murthy commented about the work culture while speaking to former Infosys CEO Mohandas Pai on the first episode of 3one4 Capital’s podcast ‘The Record’. He drew parallels to Japan and Germany, countries that implemented the extended working hours. He also talked about other topics like nation-building, technology, his company Infosys and others.

The income tax department on Wednesday said a record number of over 7.85 crore ITRs were filed till October 31.

The total number of ITRs (income tax returns) filed in FY 2023-24 for all assessment years up to October 31, 2023 stands at 7.85 crore, an all-time high when compared to total number of ITRs of 7.78 crore filed in FY 2022-23, the I-T department said.

October 31 was the due date for filing of ITRs (other than ITR 7), for taxpayers (not having any international or specified domestic transaction), in whose case books of account were required to be audited.

“The total number of ITRs for AY 2023-24 filed till 31st October, 2023 is more than 7.65 crore, which is 11.7 per cent higher compared to the total number of ITRs of 6.85 crore for AY 2022-23 filed till November 7, 2022, the due date for filing such ITRs in the preceding year, the Central Board of Direct Taxes (CBDT) said in a statement.

Out of the 7.65 crore ITRs filed for AY 23-24, more than 7.51 crore ITRs have already been verified. Further, out of 7.51 crore verified ITRs, 7.19 crore have already been processed till October 31, 2023, almost 96 per cent of the verified ITRs stand processed.

October 31, 2023 was also the due date for filing of some crucial statutory forms like Form 10B, 10BB and Form 3CEB. Total number of various types of statutory forms filed up to 31st October, 2023 stands more than 1.44 crore.

During the peak filing days the e-filing portal successfully handled the traffic, providing a seamless experience to the taxpayers and tax professionals for filing of Forms and ITRs.

The upcoming assembly election is not just about Rajasthan, it is also about Congress’ future, Chief Minister Ashok Gehlot said on Wednesday, and added that the country needed the party.

Urging party leaders to reject politics and make Congress candidates win the polls, Ashok Gehlot said that such leaders could later be given official positions by the government.

The party would resolve the issues with those who could not be given a ticket to contest the polls, the chief minister said.

Assembly elections are due in the state on November 25, and counting of votes will be done on December 3.

“Even if we could not give tickets to those who stood by us and to those who saved our government, we have told them to help elect candidates who are contesting for the party. Leave all kinds of politics. Nation is first. The entire country today needs the Congress party,” Ashok Gehlot said.  

“The election is not just about Rajasthan but it is also an election of Congress’ future. If they (party leaders) will make the party win the elections then they will be adjusted in boards after elections. If needed, we will give them the status of ministers.”  The chief minister said that it is natural that there is some resentment after ticket distribution among some party workers even though it was done after collective discussions. Still, there can be some complaints, he added.  He exuded confidence that Congress would win the elections.

Replying to a question on Uttar Pradesh Chief Minister Yogi Adityanath’s visit to Rajasthan, Ashok Gehlot said, “It is a bulldozer government there. Is this the way to rule? Is it a democracy? Some people become happy due to their words. But if there is no rule of the law then we will also not be secure. Rule of the law is important for everyone.”  “They have destroyed law and order. You can imagine where they are taking the country. I don’t want to get into it,” he said.