HRMIT : Mit's Human Resource Insights

In the world of Cooperative Societies, we often talk about "Cooperation among Cooperatives" and "Member Welfare." But there is a silent partner in our boardrooms that we cannot afford to ignore: The Labor Department. Whether you are running a Dairy Coop, a Credit Society, or a small Processing Unit, compliance isn’t just a legal checkbox - it’s about protecting the society from litigation that could wipe out your hard-earned dividends.

The Great Tax Reset: Why April 1, 2026, Could Be the Most Important Date for Your Salary For nearly three decades, India's salaried class has been "saving" tax on figures that felt like a relic from another era. Claiming ₹100 a month for a child's education, or ₹50 for a meal in 2025, was less a genuine financial relief and more an administrative chore you went through because the rule technically existed. That's about to change. With the Draft Income Tax Rules, 2026 now on the table, designed to operationalize the new Income Tax Act, 2025, the government is finally hitting refresh on numbers that had gone stale for a generation, and the resulting inflation adjustment could genuinely save the average middle-class family a meaningful amount of money. Here's a walk through what's actually shifting this April.

Most HR professionals have already worked with AI powered resume screening or applicant tracking systems. Agentic AI is different. Instead of waiting for human instructions at every stage, these systems can make a series of decisions on their own.

Whenever the Finance Department asks HR to submit next year's budget, many HR professionals think it is simply another spreadsheet to complete before the deadline. In reality, preparing an HR budget is one of the most important responsibilities of the HR department.

The death of an employee is one of the most difficult situations an HR department has to manage. Beyond the emotional loss, there are several responsibilities that must be handled with care. The employee's family is often unfamiliar with company procedures and statutory benefits. At the same time, the employer must ensure that every payment is made to the rightful claimant while complying with applicable laws and company policies.

As an HR professional who has navigated the complexities of the dairy industry for over two decades, I have seen how "compliance burden" can stifle productivity. On Saturday, February 7, 2026 , the Income Tax Department took a historic leap toward changing that narrative.

Human Resources has always relied on information to make better decisions. In the past, HR professionals reviewed attendance records, performance reports, resignation trends and employee feedback to understand what was happening inside the organization. Today, Artificial Intelligence has taken this a step further.

Human Resource Management in a cooperative society is very different from HR in a private company. In a corporate organization, the reporting structure is usually straightforward. Employees perform their assigned duties, managers supervise the work and senior management takes strategic decisions.

Artificial Intelligence has become an integral part of recruitment. Only a few years ago, AI was primarily used for screening resumes, answering candidate queries and scheduling interviews. Today, recruitment technology has evolved much further.