'If taxpayers have not filed a belated ITR, they will be allowed to file an updated ITR from April 1, 2024.'
With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon.
On a day the Punjab assembly passed a resolution seeking immediate transfer of Chandigarh to the state, Haryana Chief Minister Manohar Lal Khattar said the city will remain the joint capital of both states.
Supreme Court said the state has the power to adopt 'positive discrimination' between a censured employee and a colleague with a clean record.
Apart from skill development, employees are considering work-life balance.
Most private sector firms offer maximum three months of such leave.
The employees have alleged that Mallya, who has been giving them false promises, has been able go away scot free by eliciting "political favours".
Most of the pharma units are failing in documentation, and validation processes, and many don't have full-fledged quality control laboratories.
The credit card is a perquisite for which you don't pay tax. Which are the other ones? Find out. . .
The rising cost of medical insurance has prompted India Inc to provide lower cover to employees. A 2011-12 employee benefit survey says the average sum assured under the group medical cover offered by companies has come down by 40 per cent -- to Rs 300,000 from Rs 500,000 -- over the last two years.
At present, laws on wages do not cover workers getting a monthly wage of more than Rs 18,000
Giving a Diwali gift, the government has decided to implement the old pension scheme, Chief Minister Bhagwant Mann announced after a meeting of the state cabinet in Chandigarh.
Demands include 5-day banking, PF to be calculated on total salary and allowances, not only on basic
Researchers from Aarhus University's transdisciplinary Interacting Minds Centre in Denmark provide insight into how to improve productivity when members of a group share a clearly identifiable goal.
All those who joined Prasar Bharati before October 5, 2007, will be treated as government employees on "deemed deputation". At present, the status of these employees is not clear as they are treated as on "deemed deputation" and don't get the benefits of a government job like regular promotions, government housing and bonuses.
The order also provides that the field office will incur expenditure on the facilitation function under the head of publicity.
'Modi must see how we live, what we have to do to educate our children.'
6 per cent increase in DA for Central govt employees
Several technology companies are seeking to step up hiring from Tier-II and Tier-III cities of India in 2024 to tap into a vast talent pool of skilled professionals churned out by educational institutions and training centres in these regions. Tier-II and Tier-III cities such as Thiruvananthapuram, Kochi, Coimbatore, Jaipur, Mohali, Vadodara, Chandigarh, and Indore contribute around 12-15 per cent of the country's tech talent, hinting towards the strong talent availability in these regions, according to Randstad India, a talent management firm.
The secretariat staff had launched an indefinite strike demanding, among other things, restoration of curtailed benefits, including a rollback in the cut in pension.
Google is the most attracitve employer in India followed by Sony
Upholding a bunch of petitions filed by aggrieved general category employees challenging the reservation in promotions, the apex court said the state failed to furnish sufficient valid data to justify the move to promote employees on caste basis.
Indian employees have the second highest savings rate at 16 per cent, second only to China.
For large numbers of employees in the government system, the month-end salary cheque is no longer guaranteed. So the days of the government and State-owned enterprises wanting to be ideal employers are over, observes T N Ninan.
According to global consultancy firm Grant Thornton LLP, most of the US companies are planning to reduce the average cost per employee by reducing various components of their employee's benefit and compensation package.
Arivandakshan's arrest is the first of a political person in the alleged scam in which several political functionaries of the CPM are under scanner, they said.
Her reasoning is simple, "It's a Tata company. No shareholder will let go of this opportunity," she told Business Standard. When asked if the other reason for lining up for the IPO is the technology sector and the fact that the combination of Tata and tech is happening after almost two decades, she replied: "The name of the company and the group matter. Tata means stability and credibility," she added.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The merger of ZEE Entertainment and Sony has reached an advanced stage of completion, and the issues faced by promoters with Sebi should not become a problem for the company, debarred ZEEL MD Punit Goenka has said in a letter to employees, according to sources. Goenka, who along with his father Subhas Chandra, was denied any interim relief against a Sebi order that barred them from holding the position of director or key managerial post in any listed company, in the letter ZEE Entertainment Enterprises Ltd (ZEEL) staff asserted that the merger of Culver Max (earlier known as Sony Pictures Networks India) is at a very important juncture. With the Securities Appellate Tribunal (SAT) restricting him from holding a directorial or key managerial position in a listed company, Goenka told the employees that the ZEEL board has constituted an interim committee of senior executives to ensure smooth operations and day-to-day functioning.
The proposal is currently with the finance department and is expected to be placed before the Cabinet in the coming days.
All of the 56 impacted associates, eight in the senior management and 48 in the middle as well as lower management, have been offered enhanced severance benefits and out placement services to support their transition, the company said.
The government has also revised the minimum wages for unskilled non-farm workers upwards by 42 per cent to Rs 350 per day
DA was last revised in September last year from 100 per cent of basic pay to 107 per cent.
The decision of the Cabinet to increase DA for employees and pensioners from 27 per cent to 35 per cent will cost the exchequer Rs 6,969.36 crore (Rs 69.693 billion) per annum and Rs 8,131.20 crore (Rs 81.312 billion) during 2010-2011.
The country's largest software company Tata Consultancy Services (TCS) on Wednesday said its net profit increased 8.7 per cent year-on-year to Rs 11,342 crore in the September 2023 quarter. The Tata Group flagship had reported a net profit of Rs 10,431 crore in the year-ago period.
Layla Bolten claims she was harassed by colleagues; sues firm in US; company says charges are 'false and baseless'.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
IT services firms' revenue growth in the fourth quarter will be affected by macro-driven headwinds, lower working-days, and the fact of the three-month period being low season. Analysts are expecting FY24 growth to be muted. Revenue growth will decline 600-700 basis points to 10-12 per cent for FY24, said a CRISIL Ratings report. The 10-12 per cent growth rate is a fall from the 18-20 per cent expected in FY23 and around 19 per cent growth in FY22, the highest in eight years, said the CRISIL Ratings report.
