Diversified business house Trident Group would become the first corporate to use Aadhaar Payment Bridge (APB) for disbursal of salaries to its employees.
'If rate cuts happen, bond yields will come down and investors will make mark-to-market capital gains on them.'
ICICI Bank has been slapped with a fine of Rs 25,000 by a Delhi district consumer forum for wrongly deducting Rs 40,578 from the account of one of its customers.
A circular issued on Monday night by GAD Secretary Michael Achom said: "In pursuance of the meeting chaired by the Chief Minister on June 12 and decision taken at para 5-(12) of the proceedings, all employees drawing their salaries from General Administration Department, Manipur Secretariat are informed that no work, no pay may be invoked to all those employees who do not attend their official duty without authorised leave."
Non-reporting of overseas income by employers may be categorised as 'abetment' under the Act.
The charges would apply to savings as well as salary accounts
The scarcity of resources is particularly evident in the case of Rajasthan compared to many other states.
Aeromatrix Info Solutions private limited, an accused firm in the Rs 3,600 crore VVIP helicopter deal scam, has moved a Delhi court seeking defreezing of its bank account for paying salaries to its employees.
rediffGURU Mihir Tanna answers your income tax queries.
While the maximum bonus will be Rs 130,463, the minimum will be Rs 26,610.
Salary budgets in APAC region are set to rise 6.8 per cent in 2016.
Refusing to accept the tribunal's decision, the families said they would take the matter to a higher court, seeking justice for their sons and hoping to unmask the truth behind the fateful encounter.
Salaried persons whose liability is fully deducted as tax deducted at source by their employer need not worry about advance tax payments, unless they have other sources of taxable income.
A whirlwind trip of the dark underbelly of global finance, covering everything from tax law changes to aiding criminals to decamp with money from bank accounts.
Ask your bank to save for you. Plan your taxes. Reward yourself for your addictions... Chartered accountant Shreya Jaiswal's 10 ways to make more money this year.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
The Ministry of Corporate Affairs has suggested that Satyam Computer deposit the salary of directors nominated to its board by the government after a multi-crore accounting fraud was exposed at the IT firm in the government treasury.
According to TimesJobs.com's latest Compensation and Benefit survey, employees prefer in-hand salary rather than medical facilities, post-retirement benefits and other perks.
"The manner in which Sushant Singh Rajput death case is being handled -- I feel Mumbai has lost humanity & is no more safe to live for innocent, self respecting citizens," Amruta Fadnavis tweeted.
While one can file an updated return, there are certain caveats, warns rediffGURU Mihir Tanna.
'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'
Populism gains momentum during election periods, and this trend is evident in at least four states: Telangana, Rajasthan, Madhya Pradesh and Chhattisgarh.
Remember, pension from EPS will be taxable at slab rate, reducing the post-tax income for people who remain in the higher tax brackets after retirement.
The Income-Tax (I-T) Department nowadays provides pre-filled forms to make the filing of income-tax return (ITR) easier. Nonetheless, you must have a number of documents handy at the time of filing return so that you can cross-check the data in the pre-filled form. "Filing ITR doesn't require you to upload any document. But in case an assessing officer makes an inquiry, you will need to present documents and certificates as proof," says Deepak Jain, chief executive, TaxManager.in.
Many youngsters take financial discipline as putting restriction on their freedom. That's a myth. You can very well enjoy as well as save and grow your money at the same time. Salil Dhawan shows you how
From EPF to tax computation to old salary account to health insurance... here's a financial checklist for a trouble-free transition while switching jobs.
rediffGURU Sunil Lala answers your MF-related queries.
Despite a complex interface, online banking is fast gaining acceptance.
'Don't wait until the last minute. Instead, cultivate the habit of monitoring your Form 26AS throughout the year.'
Investors looking for a fixed-income product that is free of credit risk may invest in these bonds.
The agency filed its affidavit in response to Goyal's habeas corpus (produce the person) petition in which he claimed he was illegally arrested by the ED in the case.
Only double-income households can buy flats in India's top 8 cities, except Mumbai
India's number one tennis player Sumit Nagal is left with less than Rs one lakh in his bank account and a morose feeling of not leading a good life.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your income tax queries.
Soon, one will be able to pay utility bills at the local supermarket, while buying groceries, with the RBI allowing the setting up of payment banks.
Engineering giant Larsen & Toubro (L&T) handed out a pay cheque of Rs 61.27 crore to its chief executive officer (CEO) and managing director (MD) SN Subrahmanyan in the last financial year (FY22), which is a near 115 per cent hike over FY21, as executive compensation at India Inc comes under sharp focus after two years of Covid-19. In fact, the total compensation of L&T's executive directors (including Subrahmanyan) in FY22 was 120 to 670 times the median remuneration of the company's employees, data from its FY22 annual report shows. This points to sharp hikes that the top management saw in their remuneration during the period, experts in human resources said. In FY21, L&T's executive compensation was 56 to 337 times the median remuneration of company employees.
RBI proposed that at least half of the compensation of a CEO should be variable. It also said that stock options should be part of the variable pay, against the extant practice of keeping it beyond and above the scope of the official compensation package.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances