India's job market is witnessing high mobility with a significant percentage of professionals actively seeking new roles, many are now negotiating for better pay within their current organisations, says a survey. The latest Talent Trends India 2025 report by Michael Page reveals that 62 per cent of professionals have negotiated a raise this year, and 37 per cent succeeded -- signalling a shift toward internal advancement.
rediffGURU T S Khurana answers readers' personal income tax queries.
Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
Cash-strapped edtech firm Byju's is likely to pay its employees the April salaries this week, according to sources. The company is grappling with the issue of delays in paying salaries to employees. "There has been a delay in salary. It is expected to be now paid sometime this week," said a person.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
The income tax department has notified all seven income tax return forms for assessment year 2025-26. While ITR forms 1 and 4, which are filed by small and medium taxpayers, were notified on April 29; ITR-7, filed by trusts and charitable institutions, was notified on May 11.
In sops for the middle class, Finance Minister Nirmala Sitharaman on Tuesday hiked standard deduction by 50 per cent to Rs 75,000 and tweaked tax slabs under the new income tax regime to provide more money in the hands of salaried class with a view to boost consumption. She said salaried employees in the new tax regime could save up to Rs 17,500 in income tax annually following the changes announced in the Budget. The standard deduction for salaried employees is proposed to be increased from Rs 50,000 to Rs 75,000 annually.
AI isn't a magic wand. It works best when combined with good systems, informed investors, and skilled advisors, says Amit Suri.
The country's biggest carmaker, Maruti Suzuki India, has raised concerns about the continuing slide in small car sales.
AIFF chief Chaubey accuses Bhutia of running football schools for "vested interest"
Saurav Ghosh's step-by-step guide will help you understand what bonds are, how they help investors make money, how much money they make and which bonds to invest in.
Field Marshal Sam Manekshaw Field Marshal K M Cariappa Marshal of the Indian Air Force Arjan Singh The three highest-ranking military heroes of the Indian Armed Forces. They were the rarest of the rare. The bravest of the brave.
Breaking his silence after nine years, Vijay Mallya said he may return to India if assured a fair trial.
Edtech firm Think and Learn, which owns Byju's brand, has not paid the July salary to employees as the company was unable to access its accounts due to a temporary stay granted by the Supreme Court on the NCLAT's decision, a top official said on Tuesday. On August 2, the National Company Law Appellate Tribunal (NCLAT) approved the Rs 158.9 crore dues settlement with BCCI and set aside insolvency proceedings against Byju's.
rediffGURU Yogendra Arora answers readers' personal income tax queries.
'Always ensure that lease terms are clearly written in the agreement, including rent escalation clauses and notice periods.'
Senior Congress leader and former Rajya Sabha MP Ripun Bora was on Thursday questioned by Assam Police in connection with a case related to party colleague Gaurav Gogoi's alleged links with Pakistan, officials said.
rediffGURU T S Khurana answers readers' personal income tax queries.
Sector analysts in India feel that the new convention may not lead to a significant increase in the number of Indian employees being sent to the UK.
'LAP is suited for borrowers with a steady income, sound repayment discipline, and a clear repayment plan.'
The government on Monday invited applications for the post of chairman of the Securities and Exchange Board of India (Sebi). The current SEBI chairperson Madhavi Puri Buch's three-year term ends on February 28. Buch assumed charge at the helm of Sebi on March 2, 2022.
Infosys has laid off 195 trainees for failing internal assessments, according to emails sent by India's second largest IT services firm. It is the company's third layoff of trainees this year. As many as 320 trainees were dropped in February on similar grounds and 240 earlier this month.
Government employees in Bangladesh locked down the main gate of the Bangladesh Secretariat in Dhaka, protesting a new service law that allows for easier dismissal of officials for misconduct. The protest, which lasted for about half an hour, disrupted government operations. The employees also threatened to continue their protests until the ordinance was scrapped. Meanwhile, the protest by employees of the Dhaka South City Corporation, demanding the installation of BNP leader Ishraque Hossain as its mayor, has brought administrative services to a halt. These protests, coupled with concerns raised by the business community and the military, highlight a growing sense of unease in Bangladesh over the policies of the interim government.
The Supreme Court has extended the services of terminated teachers in West Bengal who were found untainted by the CBI, providing relief to the state. The court did not, however, extend the services of grade 'C' and 'D' employees of state-run and aided schools. The court directed the state government to start the recruitment process by May 31 and conclude it by December 31.
The Income Tax Department can easily detect such illegal activities and the penalties could be huge.
Ishan Kishan and Shreyas Iyer were left out from the list of centrally-contracted players last year, after failing to show up for domestic cricket despite a directive from the BCCI.
Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.
Wouldn't it be better to reach 45 with a backup engine of passive income that helps you glide through these years instead of grinding, asks Ramalingam Kalirajan
Real Madrid coach Ancelotti goes on trial in Spain for tax evasion.
By choosing your study destination carefully, leveraging government schemes, comparing loan options, and adopting frugal living practices, Indian students can acquire global credentials without mortgaging their futures.
'I talk to college friends who are not in the creative industry. They are running start-ups and companies.' 'They're going through similar things. There is a lot of competition and stress for people.'
'We do not want a situation where we onboard people and have challenges of deployment.'
A parliamentary panel has criticized the Indian government for withholding funds from states that have not agreed to implement the PM SHRI schools scheme, calling the reasoning behind the decision "not factual or justified." The panel has recommended the immediate release of pending funds to states like Kerala, Tamil Nadu, and West Bengal, which have been significantly impacted by the delays.
IT attrition rate is expected to be around 12% to 13% this year.
Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.
The Delhi high court has refused to accept the apology of TMC MP Saket Gokhale in a sealed cover over a plea of former diplomat Lakshmi Murdeshwar Puri and said he has "tarried and procrastinated" but not complied with its verdict.
India's second richest person Gautam Adani received a total remuneration of Rs 9.26 crore in the fiscal year ended March 31, 2024, lower than most industry peers as well as his own key executives.
'Every actor has to really look within, because a lot of them are not really in touch with reality.'
The allocated amount is substantially lower than the Rs 1,803.01 crore earmarked in 2023-24.
Pakistan's newly-elected President Asif Ali Zardari on Tuesday announced that he would not draw any salary during his tenure as part of his bid to help the cash-strapped country face the challenging economic hardship.
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