Taking inflation into account, China and Vietnam at 4.9 per cent lead the way, while Japan at 0.5 per cent and India at 2 per cent are among countries offering the smallest raises.
The Election Commission on Friday virtually made it mandatory for political parties to deposit their funds in banks and not to exceed ceiling limits in financial assistance for candidates to ensure transparency and accountability.
Indian firms selling SAAS products have got a bonanza as companies meet, manage and sell remotely. The top five firms - Zoho, Freshworks HighRadius, Druva, and Icertis - account for 33 per cent of the market share. Chennai, India's SAAS centre, alone generates $1 billion in annual revenue. Yuvraj Malik explains how these companies are planning their next phase of growth.
On a full year basis, the airline made a loss of Rs 934.8 crore. The company has incurred a net loss during the current and previous year and, the its current liabilities exceeded its current assets
It's better to inform your new employer about income earned and deduction availed with the previous one.
'Your confidence is shaken when the government does what it does these days, but then it is the same confidence that gives you the courage to stand up to the government's high-handedness.' 'There will always be people who will not fear jails or the physical and mental torture that visit citizens protesting against the government's draconian policies and laws.' 'There will always be Indians who will not be afraid to face the consequences of fighting for their Constitutional rights.'
Part of the dues has been pending since 1995-96 - the inception year of the Employees' Pension Scheme administered by the EPFO. The Centre also owes the EPFO more than Rs 1,000 crore towards the minimum pension scheme it had notified in September 2014.
International airlines are offering affected passengers an option of refund, vouchers, discounts on future bookings, and the opportunity to hold tickets for up to two years following travel bans.
'You peel one layer, then another layer, then another, but in the end, you will see that there is no onion inside.' 'This package has been packaged well, but there is nothing much inside the package!'
Those just starting their careers should avoid adding to their liabilities, especially if they already have an education loan. They should think hard before taking a car or home loan.
The pandemic should force you to take a hard look at the downside risks that could jeopardise your finances.
The three-member committee of experts, which has recommended a substantial hike in the salary and allowances of Delhi MLAs, on Wednesday justified their proposal saying it was a product of "careful and thorough" examination and will not make city legislators the highest paid in the country.
The PM has assets worth Rs 2.5 crore including a residential plot in Gujarat's Gandhinagar, fixed deposits of Rs 1.27 crore and Rs 38,750 cash in hand.
Proper documentation can help take half the pain out of filing your income tax return, says Amar Pandit.
A salaried individual needs to file returns as a business owner if s/he has a high turnover while trading in stocks or futures & options, reveals Tinesh Bhasin.
Experts say that under the liquidation process, financial and operational creditors are less likely to recover the full-value of their dues, while employees may not get their full salaries.
'When you don't have food to eat, will you be worried about the virus or the next meal?'
The Congress leader said a 'storm' was brewing on the economic front that will cause damage and hurt many.
Tax expert Anil Rego answers readers' questions about how Finance Minister Piyush Goyal's Budget affects you.
Jet Airways HQ owner wants resolution professional to vacate premises. The licence for occupying the place has been terminated, on account of the airline having not paid the rent after March.
The BCCI is confident that the Mumbai Cricket Association will host India's fourth ODI against the West Indies on October 29 despite the roadblocks cited by the state body's officials.
Don't opt for the moratorium unless critical, advises Charlie Lee, founder and CEO, True Balance.
Despite adding no new aircraft, Jet Airways saw more departures during the year, it flew more people, and achieved a higher load
Beware: During the period that you avail of the moratorium, there would be no repayment of interest or principal. Thus, the outstanding will go up substantially for this period as a consequence
A comprehensive look at one of the most-preferred tax-saving investment option for the salaried class
Auto-debit payment bounces have gone up for the second consecutive month in May, emphasising the stress building up due to a halt in economic activities as authorities lock down various parts of the country to stop the spread of the virus in the second wave. According to the National Automated Clearing House (NACH) data, in May, of the 85.7 million transactions initiated, 35.91 per cent, or 30.8 million transactions, failed.
From a small team of five weavers, Karagiri now works with 1,800 weavers from across India. Pallavi Mohadikar, co-founder of Karagiri, shares her incredible success journey.
Finance Minister Nirmala Sitharaman said: "This will cover 99.3 per cent of the companies. Now only 0.7 per cent of companies will remain outside this rate."
While money is among the key reasons why employees move to a new company, a strong company culture can also attract employees.
Home and kitchen appliances, electronic products, apparel and B-segment cars stand to gain.
Dear readers, we had asked you to send in your personal finance queries to be answered by Basis founder and CEO Hena Mehta. Here's the first batch of responses.
Cricket-loving Satya Nadella will get a base annual salary of $1.2 million as new CEO of Microsoft, but his overall package after taking into account bonus and stock awards may reach $ 18 million (Rs 112 crore) a year besides various other perks.
But Font believes Messi's love for Barcelona, who he joined aged 13, is so deep that he could lower his salary demands in order to stay.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Calculate the tax already paid via TDS, and accordingly arrive at your tax liability for the year.
A tribunal consented with the decision of the newly constituted board of the IL&FS and observed that the initiation of bankruptcy proceedings was the best option for the two firms.
'We tightened our risk frameworks once the Covid crisis started.' 'We are slowly lightening this as we see economic activity pick up, salaries getting restored, and people getting back into jobs.'
The new Income Tax return forms are much simpler in many respects.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral free automatic loan for businesses, including MSMEs, to benefit 45 lakh small businesses. Detailing parts of the Rs 20 lakh crore economic stimulus package, she said this loan will have a 4-year tenure and will have 12-month moratorium, she said.
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