Former women's hockey team chief coach Sjoerd Marijne's 'full and final' salary was stopped on the recommendations of Hockey India after he was denied a 'No Objection Certificate' for failing to return his official laptop, which, according to the Dutchman, is on its way to India now.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
Nearly 40 per cent of IITians sitting for placements in 2024 are yet to receive job offers, showing a doubling of the 'unplaced' in the last three years from 19 per cent in 2021-2022 to 38 per cent in 2023-2024.
Rediff reader Stephen Pereira, 48 from Dubai tells us how he spent his first salary:
'It's not my choice to be back home. They approved everything before I left as I filled out the forms. I received my March salary and it was only half. When I inquired, they said they are holding my pay'
A prudent guideline for self-employed individuals is to target at least 10 to 15 times their actual annual income when determining life insurance coverage.
This year's share of dream and super-dream job offers has spiked. As a result, the overall annual average salary packages have nearly doubled at some of these college campuses.
'Modi must see how we live, what we have to do to educate our children.'
Rediff readers tell us what they did with their first salaries.
Rediff reader D N Basavaraj, 40 from Davangere tells us about his first job and salary.
IT services major Wipro on Friday said it will give wage hikes to junior employees with effect from September 1, 2021. "Wipro Limited will initiate merit salary increases (MSI) for all eligible employees up to Band B3 (assistant manager and below), effective September 1, 2021. "In January 2021, the company had announced salary hikes for eligible employees in these bands, who form 80 per cent of the company's workforce - this is the second hike in this calendar year," Wipro said in a statement. As announced earlier, all eligible employees above band C1 (managers and above) will receive pay hikes effective June 1, it added.
The top court asked the Centre to file a compliance report within four weeks on payment of salaries and quarantine facilities to doctors and healthcare workers and warned that non-compliance would be viewed seriously.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
For now, Bounce, Shuttl, Fab Hotels, Instamojo, Zomato, Curefit, and HealthifyMe, among others, are going for salary deductions. Most of the consumer internet start-ups, besides those who are in the grocery delivery, education tech, and video conferencing business, would ultimately lay-off people and cut back salaries.
A 23-year-old man from Surat working as a 'helper' for the Russian Army was killed in a Ukrainian missile strike in a war zone, as per the claim made by his relatives.
Rediff readers share their interesting stories about the first salary and what it taught them.
The early-bird results for the April-June quarter of 2024 (Q1FY25) hint at a slowdown in corporate revenues and profits in FY25. Corporate profits might face headwinds from a continued revenue growth slowdown and a reversal in margin gains from lower commodity and energy prices in FY24. The combined net profit (adjusted for exceptional gains and losses) of the 210 companies that have declared their Q1FY25 results so far is down 4.2 per cent from the year-ago period - their worst showing in seven quarters.
If the cashless request is denied, the entire cost may need to be paid for planned treatments.
'A cutback in hiring and compensation growth by IT companies will have a significant impact on consumer demand, especially in the urban sector of the economy.'
The June quarter is usually considered as a seasonally strong period for the IT sector.
Rediff reader Sangeeta Joshi, 49 from Jalgaon shares her story:
Continuing our series on how to achieve Financial Independence and Retire Rarly (FIRE), Vatsal Ramaiya emphasises the importance of planning for retirement.
Car sales are experiencing a challenging phase with around Rs 60,000 crore worth of inventory lying unsold with dealers.
The opposition parties and some former CECs had opposed the move, saying it will go against the independence of the institution.
Rediff readers tell us what their first salaries were.
He has been sent to the ED custody till April 18 by the court, they said.
Rediff reader Milon Kumar Sanyal, 72 from Kolkata tells us what he did with his first salary.
Jaydev Unadkat will donate 10 percent of his IPL salary to help COVID-19 patients
The total allocation to the defence sector is 12.9 per cent of the total budget of the government of India for the financial year 2024-25.
However, where the directors' remuneration is in the nature of professional fees and not salary, GST will be levied on a reverse charge basis.
Rediff readers tell us what their first salaries were.
Rediff readers tell us what their first salary meant to them.
'Filing a nil ITR serves as a formal declaration to the tax authorities that your earnings fell below the taxable threshold in the given financial year, and you had no tax liability during that period.'
HR experts estimate that up to 70 per cent companies in the manufacturing and services space including sectors like auto components, edutech and construction equipment are looking to restore the salary cuts over the next couple of months.
Sucharita Mohanty, the daughter of former Congress MP Brajamohan Mohanty, in a mail to Venugopal on Friday claimed that her campaign was hit hard because the party denied her funding.
Rediff reader Eakanath Bandu Lote, 40 from Mumbai tells us how much his life has changed since his first salary.
Relationship problems? Let rEDIFF Love Guru help.
While salaried jobs are not lost easily, once lost they are also far more difficult to retrieve. Therefore, their ballooning numbers are a source of worry, notes Mahesh Vyas.
After Shane Watson turned down the offer, the Pakistan Cricket Board (PCB) is in contact with several foreign coaches, including Justin Langer and Gary Kirsten, to work with the national team as head coach on a long-term contract.
Rediff reader Deepika Pattnaik tells us how she felt while receiving her first salary.
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