News for 'com Compensation and Benefit'

Why Personal Accident Cover Is A Must!

Why Personal Accident Cover Is A Must!

Rediff.com28 Apr 2022

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 HOTTEST Digital Jobs

The HOTTEST Digital Jobs

Rediff.com25 Mar 2021

Even at the entry-level, professionals who have proficiency in emerging technologies will have an edge over others in these domains.

OYO restoring salaries of employees in India, South Asia

OYO restoring salaries of employees in India, South Asia

Rediff.com4 Aug 2020

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.

Low tax mop-up to be compensated

Low tax mop-up to be compensated

Rediff.com18 Dec 2004

Infosys Q3 net profit up 11.8% at Rs 5,809 cr

Infosys Q3 net profit up 11.8% at Rs 5,809 cr

Rediff.com12 Jan 2022

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.

'Flexible hours, recognition more imp than salary for employees'

'Flexible hours, recognition more imp than salary for employees'

Rediff.com20 Oct 2015

The most popular benefit across all demographics is company health care programs to compensate for the increased costs of medical care.

GST shortfall: Centre to transfer Rs 6,000 cr to 16 states, 3 UTs

GST shortfall: Centre to transfer Rs 6,000 cr to 16 states, 3 UTs

Rediff.com2 Nov 2020

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.

Change in tack: Zomato's side ventures continue to outshine core business

Change in tack: Zomato's side ventures continue to outshine core business

Rediff.com20 Feb 2023

Key drivers of profitability for Zomato has not witnessed remarkable growth, the management believes the venture will turn profitable in the long term.

Saral Suraksha Bima: What You Must Know

Saral Suraksha Bima: What You Must Know

Rediff.com22 Mar 2021

'It is a good match for those aged 25-30, who have just started working and need a basic product.'

'If you drink, you die,' says Nitish as hooch toll in Bihar rises

'If you drink, you die,' says Nitish as hooch toll in Bihar rises

Rediff.com15 Dec 2022

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.

BJP or AAP: Who will win support of Surat diamond workers in Gujarat polls?

BJP or AAP: Who will win support of Surat diamond workers in Gujarat polls?

Rediff.com20 Nov 2022

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.

Govt hikes DA for govt employees, pensioners by 4%

Govt hikes DA for govt employees, pensioners by 4%

Rediff.com13 Mar 2020

It will benefit about 48.34 lakh central government employees and 65.26 lakh pensioners.

LTC cash voucher scheme: Govt further clarifies the rules

LTC cash voucher scheme: Govt further clarifies the rules

Rediff.com11 Nov 2020

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.

Tampering with evidence not ruled out in Chhawla gangrape-murder case, says SC

Tampering with evidence not ruled out in Chhawla gangrape-murder case, says SC

Rediff.com8 Nov 2022

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.

At event with Modi, Stalin targets Centre over 'true federalism'

At event with Modi, Stalin targets Centre over 'true federalism'

Rediff.com26 May 2022

Modi praised Tamil Nadu as a special place and lauded the Tamil language as eternal and its culture as global.

Farm exports touched record Rs 3 lakh cr in 2020-21: Prez

Farm exports touched record Rs 3 lakh cr in 2020-21: Prez

Rediff.com31 Jan 2022

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.

Centre to borrow on behalf of states to meet GST shortfall

Centre to borrow on behalf of states to meet GST shortfall

Rediff.com15 Oct 2020

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.

PM releases Rs 20,946 cr for farmers under PM-KISAN

PM releases Rs 20,946 cr for farmers under PM-KISAN

Rediff.com2 Jan 2022

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.

Ola, Uber score 0 in gig worker rankings

Ola, Uber score 0 in gig worker rankings

Rediff.com5 Jan 2022

Fairwork focuses on five principles of fair gig work: Fair pay, fair conditions, fair contracts, fair management, and fair representation.

COP27 Does Little On Climate Change

COP27 Does Little On Climate Change

Rediff.com26 Nov 2022

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.

3 airports hike landing charges, push up ticket cost

3 airports hike landing charges, push up ticket cost

Rediff.com30 May 2020

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.

Qatar denies Amnesty claims of migrant worker exploitation

Qatar denies Amnesty claims of migrant worker exploitation

Rediff.com17 Nov 2021

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.

GST collection hits 5-month high in Sep at Rs 1.17 lakh cr

GST collection hits 5-month high in Sep at Rs 1.17 lakh cr

Rediff.com1 Oct 2021

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.

Trouble Awaits Oil Stocks?

Trouble Awaits Oil Stocks?

Rediff.com14 Jul 2022

'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.'

When it comes to salary, India Inc has its job cut out

When it comes to salary, India Inc has its job cut out

Rediff.com2 Mar 2021

The new definition under the Code of Wages, 2019, includes three components: basic pay, dearness allowance and retention payment.

Why did ED freeze Amway's Rs 757 crore?

Why did ED freeze Amway's Rs 757 crore?

Rediff.com6 May 2022

Amway maintains the action was related to a case in 2011 and it has been cooperating with the investigative agency.

Was CIC Mahurkar Right In His Views?

Was CIC Mahurkar Right In His Views?

Rediff.com2 Dec 2022

'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.'

US Open prize money rises to record $57.5M

US Open prize money rises to record $57.5M

Rediff.com24 Aug 2021

The US Open, which will welcome back fans this year, starts on August 30.

SC asks Guj to give solatium to Bilkis within 2 weeks

SC asks Guj to give solatium to Bilkis within 2 weeks

Rediff.com30 Sep 2019

A bench headed by Chief Justice Ranjan Gogoi asked the Gujarat government as to why it has not complied with the apex court's earlier order of April 23 and given the compensation to Bano.

Pakistan always first in our neighbourhood policy, says China

Pakistan always first in our neighbourhood policy, says China

Rediff.com14 Apr 2022

China on Thursday told Pakistan's new Prime Minister Shehbaz Sharif that it will always put its "all-weather ally" as a priority in its neighbourhood diplomacy as it praised his commitment to promote the USD 60 billion CPEC initiative.

Players should be tested daily for COVID-19 during IPL, says Wadia

Players should be tested daily for COVID-19 during IPL, says Wadia

Rediff.com24 Jul 2020

Kings XI Punjab co-owner Ness Wadia on Friday advocated daily testing of players during the IPL and predicted that the upcoming 13th edition of the T20 league in the UAE will be the most watched in the tournament's history.

Hiring by e-commerce firms set to rise in 2022

Hiring by e-commerce firms set to rise in 2022

Rediff.com30 Dec 2021

From a location perspective, the last quarter saw Kolkata and Gurgaon as top regions for employment in these sectors and among roles, sales and office services stood out.

Irdai launches standard personal accident cover

Irdai launches standard personal accident cover

Rediff.com26 Feb 2021

The product, named Saral Suraksha Bima, will have a maximum sum assured of Rs 1 crore and minimum Rs 2.5 lakh.

Reskill or refund: Retrenched workers face Hobson's choice

Reskill or refund: Retrenched workers face Hobson's choice

Rediff.com20 Oct 2020

If retrenched workers are unable to reskill within a fixed period of time, they will have to return the money given to them by the government. Moreover, they may be asked to pay back an interest on the sum transferred.

Critical Illness plan is a MUST!

Critical Illness plan is a MUST!

Rediff.com12 Oct 2021

Ensure that you get a high sum insured. Also, make sure the policy covers the cost of implants (pacemaker, stent, etc), and pre and post-hospitalisation expenses.

Wheat export: Madhya Pradesh is ahead of Punjab, Haryana

Wheat export: Madhya Pradesh is ahead of Punjab, Haryana

Rediff.com25 Apr 2022

The surge in wheat export from India owing to the Ukraine crisis has once again demonstrated how farmers in states that have flexible marketing frameworks and low taxes benefit more from an emerging situation. The bulk of the wheat exported from India, trade and industry sources say, is being sourced at rates significantly higher than the state-mandated price of Rs 2,015 per quintal in Madhya Pradesh (MP), Uttar Pradesh (UP), and Gujarat - states which have low mandi taxes compared to Punjab and Haryana. This is not only benefiting farmers there but could also lead to significant savings for the states in procurement costs in the months to come.

Founders built an incredible organisation; Infosys in stable position: CEO Salil Parekh

Founders built an incredible organisation; Infosys in stable position: CEO Salil Parekh

Rediff.com14 Aug 2022

Infosys CEO Salil Parekh, has praised the company's founders for building an "incredible organisation", and exuded confidence that the firm which "has always been solid" will "continue with that stability." Parekh - who steered the firm to stability after a bitter spat between founders and then-management a few years back - believes that Infosys is "well positioned" to leverage tech-led growth opportunities over the next several years. Parekh took over at the helm in January 2018, after a standoff between board and founders, including NR Narayana Murthy, over issues such as governance, led to the exit of then-CEO Vishal Sikka.

How We Can Defeat Targeted Killings In Kashmir

How We Can Defeat Targeted Killings In Kashmir

Rediff.com6 Jun 2022

If the government is able to deliver the promised projects, the large number of youth will be taken off the streets and that is not acceptable to the Pakistan army nor the terrorists hiding in Pakistan, notes Brigadier Narender Kumar (retd).

SC asks Guj govt to give Bilkis Bano Rs 50 lakh, job

SC asks Guj govt to give Bilkis Bano Rs 50 lakh, job

Rediff.com23 Apr 2019

Bano had earlier refused to accept the offer of Rs 5 lakh and had sought exemplary compensation from the state government in a plea before the top court.

How India stands to gain from global diesel shortage

How India stands to gain from global diesel shortage

Rediff.com5 Dec 2022

A looming global shortage of diesel in Europe presents India with more than one opportunity to profit from strong margins. A shortage of the fuel, a key contributor to inflation, has been exacerbated by the conflict in Ukraine, and western sanctions on Russian fuel supplies. The slowdown in natural gas supply means the West needs diesel to heat their homes this winter.