The contentious anti-conversion bill was cleared by the Karnataka Cabinet on Monday and it is most likely to be tabled in the legislative Assembly on December 21, official sources said.
'Organisations must consider tailoring their compensation structure for employees.'
The announcement sparked a sharp reaction from the Indian Medical Association, Uttarakhand, which termed it "illegal".
Billionaire Mukesh Ambani for the second year in a row drew no salary from his flagship firm Reliance Industries in the last fiscal as he voluntarily gave up remuneration in light of the pandemic hitting the business and economy. In its latest annual report, Reliance said Ambani's remuneration for the financial year 2020-21 was "nil". In June 2020, Mukesh D Ambani, chairman and managing director of Reliance Industries, voluntarily decided to forego his salary for the year 2020-21, in light of the COVID-19 outbreak in India, which exacted a huge toll on the societal, economic and industrial health of the nation.
According to the third batch of supplementary demands for grants tabled in the Lok Sabha, approval is being sought for gross additional expenditure of over Rs 1.58 lakh crore.
Solicitor General Tushar Mehta, appearing for the Centre, assured the court that everything is under consideration.
A US special envoy met senior Taliban representatives in Tashkent, Uzbekistan, and discussed the issue of Afghan central bank reserves.
Amid opposition Congress's protest and walkout, the Karnataka legislative assembly on Wednesday okayed the anti-conversion bill, passed by the legislative council last week with minor amendments, that seeks to replace the ordinance that was in place to give effect to the bill.
To safeguard investors of firms listed on non-operational bourses, market regulator Sebi on Monday allowed such companies to raise capital through preferential allotment route to meet listing requirements.
Humiliation and uncertainty are the words to describe the situation, says one of the many Twitter India staff who was handed a pink slip on Friday. That the laying off was perhaps on expected lines or that the microblogging platform itself erupted in support from 'Tweeple' or emphatic outsiders did not make things less painful, says another ex-employee. For scores of Twitter India staff, the grim reality of large scale firings -- that also coincides with the dreaded layoff winter -- is just about 'sinking in', days after popular platform was taken over by the world's richest man Elon Musk.
Key drivers of profitability for Zomato has not witnessed remarkable growth, the management believes the venture will turn profitable in the long term.
A Malaysian court has asked a local company to give 48 Indian nationals a total of 500,000 ringett (approx Rs 58,35000) in damages for not paying them the promised salary when they joined it.
The government on Wednesday extended the existing foreign trade policy (FTP) for six more months up to September 30 this year due to the Covid-19 pandemic, according to a notification. FTP provides guidelines for enhancing exports to push economic growth and create jobs. On March 31, 2020, the government had extended the Foreign Trade Policy 2015-20 for one year till March 31, 2021, amid the coronavirus outbreak and the lockdown.
The government has also hiked excise duty by 11 percent, which is in addition to the 6 per cent that was announced in the budget, he said.
Defending the liquor ban in Bihar, he said that the state's prohibition policy has benefitted several people and a large number of people have given up drinking alcohol due to his measures.
There are around 15 lakh diamond workers in Gujarat, including nearly seven lakh employed in units in Surat, which is the largest hub of cutting and polishing of these precious stones.
Personal accident cover should be purchased by everyone, irrespective of age, occupation or health condition, as one does not know when an accident could occur, causing hardship to the family.
The three men were accused of abducting, gangraping and brutally killing the woman in February 2012. Her mutilated body was found three days after she was abducted.
The Bengaluru-based company had registered a net profit (after minority interest) of Rs 5,197 crore a year ago, a regulatory filing said. Infosys' revenue grew 22.9 per cent to Rs 31,867 crore in the quarter ended December 2021 from Rs 25,927 crore in the year-ago period, it added.
Even at the entry-level, professionals who have proficiency in emerging technologies will have an edge over others in these domains.
English clubs will profit from Euro 2008 despite the failure of the national team to qualify for the finals. The squad lists released for the June 7-29 tournament show 44 English-based players from 14 countries will be taking part in the 16-team event. Each of the 17 English sides sending players to Euro 2008 will receive compensation of approximately 4,000 euros ($6,237) per player per day for as long as he remains in the finals.
Pay cuts for employees with fixed compensation of up to Rs 8 lakh have been reversed from August 1, while the rest will see restoration in a phased manner from October 2020.
Modi praised Tamil Nadu as a special place and lauded the Tamil language as eternal and its culture as global.
The overwhelming feeling at the end of COP 27 was that despite decades of meetings and landmark accords, like the Paris Agreement, the world was still not doing enough to slow the climate crisis, observes Ambassador T P Sreenivasan.
The finance ministry on Monday said it will transfer Rs 6,000 crore as the second tranche of GST compensation shortfall to 16 states and 3 Union Territories -- including Maharashtra, Bihar, Assam, Puducherry and Delhi. The Centre had on October 23 transferred Rs 6,000 crore to 16 states and 2 UTs of Delhi and Jammu and Kashmir. In the second tranche of transfer, Union Territory of Puducherry has been included.
'It is a good match for those aged 25-30, who have just started working and need a basic product.'
President Ram Nath Kovind on Monday said the country's farm production and procurement increased during 2020-21 crop year despite the pandemic and agricultural exports reached a record level of Rs 3 lakh crore during the same period. In his address to the joint sitting of both Houses of Parliament at the start of the Budget session, Kovind said the government is focusing on making the country self-sufficient in edible oils besides making special efforts to promote organic farming, natural farming and crop diversification. "My government is working continuously to empower the farmers and the rural economy of the country... I would like to give maximum credit to the small farmers of the country for this consistent success and strengthening of the agriculture sector," he said.
It will benefit about 48.34 lakh central government employees and 65.26 lakh pensioners.
Prime Minister Narendra Modi on Saturday released Rs 20,946 crore to 10.09 crore farmers across India as the 10th installment of financial aid under the PM-KISAN scheme and said there was a need for innovation in agriculture along with promotion of natural farming. Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, a financial benefit of Rs 6,000 per year is provided to the eligible farmer families, payable in three equal installments of Rs 2,000. The PM-KISAN scheme was announced in the February 2019 Budget.
Central government employees availing the LTC cash voucher scheme can purchase goods or services in the name of spouse or other family members eligible for LTC fare. The second set of FAQ issued by the Department of Expenditure also clarified that an employee can claim reimbursement for the purchase of goods and services, attracting GST of 12 per cent or more, on or after October 12 even if he/she has not formally exercised the option of availing the scheme.
The most popular benefit across all demographics is company health care programs to compensate for the increased costs of medical care.
Fairwork focuses on five principles of fair gig work: Fair pay, fair conditions, fair contracts, fair management, and fair representation.
'As CIC, you have the power to comment on policy matters. 'If you have very strong beliefs and you know your rulings will be reported, you will express your beliefs.'
The Central government will borrow up to Rs 1.1 lakh crore on behalf of the states to bridge the shortfall in GST collections, the finance ministry said on Thursday. A slowdown in the economy since last fiscal has resulted in a drop in the Goods and Services Tax (GST) collections, upsetting the budgets of states which had given up their right to levy local taxes such as sales tax or VAT when GST was introduced in July 2017. To make up for the shortfall, borrowing from the market was proposed.
'I would not suggest buying these stocks in the dip, as the upside in profit is dented without a safety net for a rainy day.'
A 48-page report by Amnesty, Reality Check 2021, said that practices such as withholding salaries and charging workers to change jobs was still rife, despite labour reforms in 2014, as the country prepares to host the soccer tournament next year.
Amway maintains the action was related to a case in 2011 and it has been cooperating with the investigative agency.
India's GST collection remained above Rs 1 lakh crore for the third month in a row at over Rs 1.17 lakh crore in September, raising expectations that second half of the year will post higher revenues. The tax collections in September on goods sold and services rendered was 23 per cent higher than Rs 95,480 crore collected in September 2020, and 27 per cent higher than Rs 91,916 crore collected in September 2019. The collection in September is the highest in five months since April, when revenue was at record high of Rs 1.41 lakh crore.
Mumbai, Bengaluru, and Kochi airports have hiked their landing charges by up to 45 per cent, increasing the operating cost for airlines at a time they are facing financial constraints because of the two months of grounding and weak demand.
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