This time, five states, including Tamil Nadu, have requested the Centre to delay the pay hikes.
The state is now under pressure to revise the salaries of its 800,000 employees, which would add to the strain of an already debt-laden state exchequer.
The amount constitutes 45 per cent of the railways' total wage bill.
Former India footballer and hero of the 1956 Olympic team, Syed Abdus Salam is bed-ridden and facing a financial crisis.
The new Chief Economic Advisor Krishnamurthy Subramanian believes that more than unemployment, it is the quality of employment which needs to be focused on. In an interview with Arup Roychoudhury and Indivjal Dhasmana, Subramanian said that controlling inflation was the Modi government's biggest achievement.
The Centre is likely to announce next month a hike in dearness allowance by 10 per cent to 100 per cent, benefiting about 50 lakh employees and 30 lakh pensioners.
The sector has become a serial capital issuer.
In a statement, the CBDT, which is the apex policy making body for direct tax policies, said it has never asked IRS Association or these officers to prepare such a report and no permission was sought by them before making the report public. 'It is unequivocally stated that CBDT never asked IRS Association or these officers to prepare such a report.
PSB branches will work fulltime on the 1st and 3rd Saturday.
There will be a review of employee compensation arrangement in the light of the new rules.
While some CMs suggested reopening economic activity in phases, others pitched for the extension of the coronavirus lockdown, but with a carefully crafted exit strategy
'Is it time to think beyond the traditional questionnaire-based approach in India?' asks Atanu Biswas.
Use deductions introduced in the Budget to save additional Rs 24,000 in tax
Universal basic income or social security? Economist Nitin Desai feels we need a blueprint for universal health care and pensions to help the vulnerable section.
The sooner you create a plan and put it into action, the better the chance of your early retirement dream becoming a reality, says Naval Goel
Congress Vice President Rahul Gandhi on Saturday came down heavily on Prime Minister Narendra Modi.
Due date is closing in and taxpayers shall pay tax and file their return well in time to avoid any interest or penalties.
Evaluate recurring investment products and do the numbers before making any investments.
But do not expect the finance minister to fulfil all these wishes
With the One Rank One Pension scheme for military veterans set to be notified soon, officials of central paramilitary forces, too, may be in for good news soon as the government is to take a final decision on granting of "organised services" status to them.
With response tepid so far from domestic investors, these funds might soon approach FIPB for approvals.
Rather than one-year returns, look at benefits of long-term investment in equity.
The stylish batsman of yesteryears polled 173 votes while his opponent Prakash Chand Jain got 73 votes. His entire panel won their respective contests.
There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.
Here's to being a responsible insurance buyer
'The prime minister did not think that COVID-19 was a serious challenge as late as March 20.'
Sandeep Pandey salutes women who have contributed to social transformation in India after 1980.
Bharatiya Janata Party prime ministerial Narendra Modi on Saturday hit back at Congress Vice president Rahul Gandhi for attacking him on his links with Rashtriya Swayamsevak Sangh, saying he was "proud" of the ideology and the principles based on the "altar of sacrifice and service".
The government should now focus on governance and monitoring the supply side to manage inflation, says M V Subramanian.
An excerpt from 'Money Smart: The Indian Woman's Guide To Managing Wealth' by Reenita Malhotra Hora and Divya Vij that reveals various options to help you save tax as well as invest for creating long-term wealth.
Siddaramaiah announces free LGP gas, universal health scheme in budget
The negative aspect about the Budget is that the capital expenditure has been marginally cut to achieve the fiscal deficit target assumptions, and the onus of sustaining investment demand till private capex revives continues to vest with the public sector enterprises, notes Jyotivardhan Jaipuria.
The reason for the windfall: the soaring value of their stock awards.
The Central Bureua of Investigation sought a maximum of seven years imprisonment for the five convicted persons and imposition of heavy fine on the private firm.
The Income Tax Return Form-1 (Sahaj) will replace the 7-page form, removing a plethora of columns on deductions from income claimed.
Gold is seen as a preferred asset for all types of investors, even central banks.
Mohandas Pai took part in an hour-long chat on rediff.com
The stories of exclusions illustrate so tragically, the need of the hour is to bolster biometrics and 'smart' technologies with something more old-fashioned - the good old fashioned, compassionate human touch, says Geetanjali Krishna.
'There is no senior bureaucracy functioning now; these people only obey.' 'This is only a command and control kind of governance.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
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