Employment in urban areas in the first quarter of 2024-25 (FY25) improved over the previous one. The unemployment rate in April-June (Q1) declined to 6.6 per cent from a four-quarter high of 6.7 per cent in January-March FY24 owing to the fall in the male unemployment rate, according to the quarterly Periodic Labour Force Survey (PLFS) data, released by the National Statistical Office (NSO) on Friday.
Forty-five specialists will soon be joining key posts of joint secretaries, directors and deputy secretaries in different central ministries as part of the Modi government's ambitious plan to infuse fresh talent to further improve ease of governance.
'If you invest in a rush at the last moment, you could compromise on selecting the best tax-saving options.'
The financial nitty-gritties of Gautam Gambhir's appointment as India's head coach are yet to be worked out but that's the "last of his concerns" right now
Tech giant Microsoft regained the top spot in the list of best employers to work for in India in 2024, followed by Tata Consultancy Services (TCS) and Amazon, according to a Randstad Employer Brand Research report released on Wednesday. Microsoft had topped the list in 2022, but slipped to fifth in 2023. The 2024 list is based on responses from 3,507 people.
'Whether Mumbai Indians will release Rohit Sharma or not, whether he is coming to the auction or not, even if he comes if you are going to use 50 per cent of your salary cap on one player, how will you manage the other 22 players?'
Ruben Amorim is set to become the next manager of Manchester United with the Premier League club prepared to pay Sporting the 10 million euros ($10.79 million) release clause, the Portuguese club said on Tuesday.
Almost five years later, the three services have still not fully understood that joint/theatre commands are not a discussion point; they are the prime minister's diktat on a military reform measure that is in line with what armed forces around the world have implemented, points out Ajai Shukla.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries
In a bid to democratise education, cash-strapped edtech firm Byju's has significantly reduced the prices of its products. The annual subscription fee for the Byju's Learning App now stands at Rs 12,000 (inclusive of taxes) per year, while Byju's Classes and Byju's Tuition Centres (BTC) are priced at Rs 24,000 and Rs 36,000 respectively for a full year of classes, according to the sources.
Salary increments in India will touch a five-year high of 9.9 per cent in 2022 as organisations are planning to invest in new-age capabilities to build a resilient workforce amid strong economic recovery and positive business sentiment, a survey said on Wednesday. According to leading global professional services firm Aon's 26th Salary Increase Survey in India, organizations across industries project a 9.9 per cent salary increase in 2022, compared to 9.3 per cent in 2021. The study that analysed data across 1,500 companies from more than 40 industries, noted that the industries with the highest projected salary increases are e-commerce and venture capital, hitech/IT and IT enabled services (ITeS) and life sciences.
In the previous fiscal year, he drew a Rs 15 crore salary from the company -- the same as in the previous 11 years.
The employees are demanding salary parity with state government employees, seeking a pay scale adjustment to match that of their counterparts in the state sector.
The platform recorded a peak rate of 917 filings per second on July 17 and 9,367 filings per minute on July 31.
'Young people say they know all this emphasis on Hindu-Muslim differences is politically motivated.' 'If you stop watching TV and turn off social media, you'll find the situation on the ground different.'
Rediff readers tell us about their first salaries.
Watson also criticised MI for buying injured Jofra Archer for a huge sum.
The 30-year-old wrestler had quit wrestling following her disqualification from the 50kg gold medal match in the Paris Olympics.
'In the case of corporate credit, especially to AAA borrowers, lenders will have to take a fresh look at pricing.'
The ordinance will be tabled in the next session of the legislature, it said, adding that 27 posts were approved for the commission.
Former Delhi Commission For Women (DCW) chief Swati Maliwal has written to Delhi Chief Minister Arvind Kejriwal, accusing his ministers of making the women's panel a 'weak institution'.
Switching to the UPS could be a game-changer for your retirement planning, especially if you value guaranteed benefits and higher government contributions, observes Ramalingam Kalirajan.
The road ahead will require navigating complex financial challenges while fostering job creation and sustainable development in the region.
There are a number of steps taken that will leave more money in the hands of the taxpayers.
These include the reduction in tax rates under the new tax regime, increase in standard deduction, allowing tax collected at source to be adjusted against tax deducted at source from salaries, notes Harsh Roongta.
The National Pension System is applicable for government employees joining the service after April 1, 2004. It was based on the premise of contribution rather than defined benefit applicable for employees prior to the NPS.
Employees were told to return to work from Monday onwards for a fresh start for improved production.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
'Loss of these urban salaried jobs is, therefore, likely to have a particularly debilitating impact on the economy, besides causing immediate hardship to middle-class households,' points out Mahesh Vyas.
Finance Minister Nirmala Sitharaman on Tuesday announced income tax relief for the middle class, a Rs 2 lakh crore outlay for job creation schemes over the next five years and a spending splurge for states run by her party's new coalition partners as she unveiled the Modi 3.0 government's first budget after the general elections.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
After Sita Raman, this is a Dulquer Salmaan film that has won Divya Nair's heart.
Information technology major Tata Consultancy Services (TCS) on Friday termed the tax demand notices received by several of its employees a "discrepancy," and the tax department will be reprocessing the returns. "We understand that the tax authorities will be reprocessing the returns, post which TDS shall be in sync with Form 26AS issued by the Income Tax Department, and Form 16 Part A issued by TCS. Associates that received the notice will receive a rectification intimation in due course and are not required to pay any demand amount.
While five resident doctors of Hindu Rao Hospital had been sitting on a relay hunger strike since Friday, the senior doctors of the North Corporation-run facilities had gone on an indefinite strike on Tuesday. Their associations had joined hands in solidarity since Tuesday.
The cumulative loss of salaried jobs since the pandemic is even larger at 12.6 million, reveals Mahesh Vyas.
The Kerala government on Wednesday decided to issue an ordinance empowering it to deduct salaries of its employees to mobilise funds to fight Covid-19 in the state. The move comes a day after the high court had stayed an order of the Left Front government for salary cut of its employees, observing that it lacked legal backing.
The court said multi-storey buildings were being allowed to operate but there was no proper drainage.
The chances of former workers getting jobs depends on the model under which Ford would restart its Chennai plant operations -- under Ford India or as a joint venture or under any other model.
Only borrow an amount that can be repaid comfortably. The ratio of total EMI to take-home salary should not exceed 40 per cent.
IOA treasurer Sahdev Yadav on Tuesday hit back at president P T Usha for claiming that IOA Executive Committee members were not agreeing on a proposal to felicitate Paris Olympics medal-winners
Commencing final arguments on a batch of pleas against the verdict, the bench, heard senior lawyers including Abhishek Manu Singhvi, Salman Khursheed and Menaka Guruswamy for the petitioners.
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