Around 450 members from IIT-M, besides the other seven IITs in the country, are resorting to the black badge protest. The association said on Wednesday that the present IIT pay-scales were neither commensurate with the required qualifications nor enough to attract fresh talent,even to well established IITs and that the faculty are 'frustrated with the inordinate delay' in implementing the Sixth Pay Commission recommendations.
rediffGURU Samkit Maniar answers readers' personal income tax queries
The Sixth Pay Commission on Monday submitted its report to the government, presumably recommending a 40 per cent hike in salary for central government employees.
The whereabouts of Mahinda Rajapaksa is being speculated since his resignation on Monday.
'You're going to have your own journey and that can be very beautiful.' 'It can also be very terrifying because there is no precedence.'
'It is notable how humble he was and didn't want anything different just because he was a Tata.'
At nearly 82 per cent of GDP, India's public debt is very high, but the country doesn't face debt sustainability issue on account of high growth rate and higher share of local currency debt, NCAER Director General Poonam Gupta has said. Participating in an event organised by NCAER, Gupta said India's high debt levels are sustainable for now because of higher real or nominal GDP and as most of the debt is held in rupee.
The government will mop up Rs 1,400 crore (Rs 14 billion) this fiscal by taxing the second instalment of arrears due to central government employees, who were awarded increased salaries by the Sixth Pay Commission.
Adopting overly aggressive strategies without considering risk could lead to significant losses during the next downturn.
'Today we know of many X, Y, and Z persons as urban Naxals but can we call these people as such?' 'No, we cannot because we don't have a legal framework for doing that.'
The BJP sharpened its attack on the AAP after its Gujarat chief Gopal Italia was heard purportedly mocking the prime minister's mother in a video, and said people of the state will make it pay for 'abusing' her.
In his Budget, Jaitley announced a pay hike for the President to Rs 5 lakh per month, Rs 4 lakh for the VP and Rs 3.5 lakh for governors.
Justice Sachin Datta said the plea was misconceived and devoid of merits and the ECI can take an independent view on the complaint of the petitioner in accordance with law.
By suggesting a substantial hike for government employees, the 6th Pay Commission, like many before it, has indeed been an honest attempt at destabilising the nation. And for that reason the nation need to consign it to the dustbin.
Income tax at source would be deducted only on 40 per cent of salary arrears to central government employees in the current fiscal on implementation of Sixth Pay Commission recommendations, government said on Tuesday.
The government on Wednesday said it would tax only 40 per cent of salary arrears to be paid to central government employees in the current fiscal on implementation of Sixth Pay Commission recommendations.
The government on Thursday approved the Sixth Pay Commission recommendations, heaping civil and defence staff with a salary hike bonanza on the eve of the country's 61st Independence Day.
Arun Maira who worked for 25 years with the Tata Group, remembers his early years with Ratan Tata.
A purported video of former Uttarakhand chief minister Tirath Singh Rawat saying no work could be done in the state without paying commission has surfaced online.
In far-reaching reform measures to the salary structure of an estimated 4.5 million central government employees, the sixth Pay Commission report submitted to the finance ministry today recommended an across-the-board effective salary hike of about 28 per cent, performance-linked increments, fewer holidays and a new medical insurance scheme.
The over two-minute campaign song, penned and sung by AAP MLA Dilip Pandey, was released at the party headquarters in New Delhi on Thursday.
'Our vision for the future includes the creation of an active ecosystem, human space flight, a human space station.'
The statements the separatists make, the abominable tableaux at their parades, the slogans, posters, and selfies with assault rifles are not India's problem. If they are a nuisance, it should bother their host countries, because they are armed and have their own underworld with deadly gang rivalries. Significantly, none of this happens in the US -- only in snowflaky Canada, points out Shekhar Gupta.
The chief adviser alleged elections held under Hasina's regime were "rigged blatantly and generations of young people grew up without exercising their voting rights."
'Everyone knows the money the stars are asking for is absurd.'
There shall be two dates for grant of increment - January 1 and July 1 every year - instead of the existing July 1 only.
Farmers with land sizes less than 0.01 hectare have an average annual income of Rs 54732 and annual consumption of Rs 61296, thereby, a debt of Rs 6564 each year. Compare this with the minimum pay for a government employee, says Devanik Saha.
After considering the increase proposed in allowances, the hike in remunerations comes to 23.55 per cent.
The chairman of the committee, A K Mathur, sought abolishment of the two-year edge accorded to the IAS officers for empanelment, compared to other services, saying it was an 'archaic concept'.
Instead of harvesting the wrath against the BJP and using it to their advantage by opting for a collective form of leadership, the Congress decided once again to bestow their trust in the Hooda family who were given a free hand in the distribution of tickets. This turned out to be the biggest blunder and this faulty selection was the single over riding factor in the Congress defeat, explains Rashme Sehgal.
The plea is likely to be heard on Wednesday by a vacation bench.
The World Bank held India's Fifth Pay Commission as the "single largest adverse shock" to the country's strained public finance, according to the bank's India Development Policy Review.
The NCLAT on Wednesday upheld the orders of the fair trade regulator CCI imposing a penalty of Rs 1,337.76 crore on tech major Google in the Android mobile devices case, with some modifications.
It is advisable to file your ITR right away and not rely on potential extensions.
Singh was Additional Director General (Law and Order) during the relevant period so it was necessary to summon him to "bring forward true and correct facts, intelligence inputs as well as the information received by him," said commission's lawyer Ashish Satpute.
Modifying the single bench order, the division bench presided by Justice I P Mukerji directed that Banerjee and Ghosh will be free to make any statement concerning the Governor, not crossing the contours of freedom of speech and expression and public duty.
Leader of the Opposition in the Lok Sabha Rahul Gandhi asserted that the Congress will protect the Constitution and the reservation system at all costs and foil "conspiracies" of the Bharatiya Janata Party.
Two Central Board of Excise and Customs staffers, Raman and Suresh, based in Trichy, Tamil Nadu, have set up a Web site based on the 6th Pay Commission recommendations and dedicated exclusively to government employees.
In the latest tape that surfaced on Saturday night, Kayal was heard saying that 70 women got Rs 2,000 each for taking part in protests against Sheikh who was arrested and later suspended by the police.
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