Average monthly GST collection rose from Rs 90,000 crore during the first year of its implementation -- 2017-2018 -- to Rs 1.68 trillion during 2023-2024, representing an 87 per cent rise.
Many seniors mistakenly believe they need not file returns if tax is deducted at source (TDS) on income received. This is incorrect.
Logistics and delivery firm Dunzo plans to settle dues of former employees in next three months while it is regularising salary for its current employees, sources said. The firm backed by Reliance Retail and Google said that while its co-founder Davlir Suri has decided to leave the company, another co-founder Mukund Jha will continue be part of the strategic leadership team. "In June salary of 85 per cent employees were paid.
Rediff.com spoke to registered investment advisors to figure out how best the extra Rs 17,500 saved ever year can be invested to create a decent corpus in the years ahead. This is what they said.
"If the states are not complying with the directions and orders of the Central government, you are not helpless. You have to ensure that your order is implemented. "You have got the power under the Disaster Management Act. You can take steps also," the bench told Solicitor General Tushar Mehta, appearing for the Centre.
Rediff reader Shajan Samuel from Bengaluru tells us how he spent his first salary.
'The top five IT giants are not hiring, but most of the freshers want to start their careers with the top five IT firms.' 'In today's scenario this is a challenge.'
Rediff readers tell us about their first salary.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
Rediff reader Rupesh Kumar tells us how he landed his first job and salary.
Rediff readers tell us what their first salary means to them.
'We started affordable housing loans that has good traction and the books have grown to Rs 750 crore as of the end of last quarter.'
Jet Airways, which is yet to resume operations under its new owner, will reduce salaries for various staff and send many employees on leave without pay, amid uncertainty over resumption of its operations. The measures, which will be effective from December 1, were revealed hours after the winning bidder Jalan-Kalrock Consortium (JKC) said it might take "difficult" near-term decisions to manage cashflows. The once-storied airline shuttered operations in April 2019 and JKC's resolution plan was approved under the insolvency process by the National Company Law Tribunal (NCLT) in June last year.
The guild, which claims to represent around 1,100 of the 1,600 Jet pilots, had earlier warned to go on strike from April 1, unless their salary dues were cleared and clarity was provided on future payments by March 31.
Spanish soccer clubs have no option but to face up to reducing players' salaries next season due to the financial impact of the coronavirus pandemic, La Liga president Javier Tebas said. The Spanish season has been on hold since March and although matches are due to re-start in June without spectators, the league still estimates clubs will lose a combined 300 million euros ($326.07 million) in lost revenue due to the disruption.
Rediff reader Heera Nawaz, 59, from Bengaluru, Karnataka tells us about her first job and salary:
'Dear PM, INC supports the salary cut for MPs. Please note that MPLAD is meant to execute developmental works in the constituency. Suspending it is a huge disservice to the constituents and will undermine the role and functions of MP,' Congress chief spokesperson Randeep Surjewala said on Twitter.
The financial prosecutor's office declined to comment.
Bollywood is full of interesting stories and anecdotes. We bring you some fun facts!
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
Rediff reader Vijai Kumar Sharma, 79 from Jaipur tells us about his first salary.
Jet Airways has been looking at various ways to raise funds amid acute liquidity crunch that has forced it to ground aircraft, cancel flights in large numbers, shutdown stations and delay salary payments to its pilots and engineers along with other senior staff.
Rediff reader Jayesh Kumar, 44 from Bengaluru tells us about his first job and salary.
The projected increase for 2020 is lower than the average salary hike that graduates of top business schools have managed - at around 12 per cent.
'I tried a public donation drive to support my campaign for progressive politics without much success so far. I also tried to cut down the projected campaign spending to the minimum'
Rediff readers tell us what their first salaries meant to them.
The resident doctors at the North Delhi Municipal Corporation's 450-bedded Kasturba Hospital and Hindu Rao Hospital have claimed that they have not been paid salary since March. Many doctors and other staff have tested positive for COVID-19 till date at both hospitals.
According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.
NEET is a court-ordered examination, supposedly aimed at meritocracy. However, over the past years when the incumbent Narendra Modi government at the Centre began implementing it, it took on political and casteist colours, observes N Sathiya Moorthy.
The three commissioners, including the Chief Election Commissioner, are entitled to a salary which is "equal to the salary of a judge of the Supreme Court", according to the provisions of a law governing their conditions of service.
Income Tax department have released different tools to help you file your ITR-3 form easily.
The 17th Lok Sabha, which was dissolved on June 5, did not have a deputy speaker for its full term, and it was the second consecutive term of the lower house without an LoP.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
According to the annual report, Ronojoy Dutta's remuneration package includes a gross annual salary of $1.27 million, which would be payable in rupees. Also, he is entitled for a commitment bonus payout. In FY20, he received a remuneration of Rs 11.4 crore in his role as CEO and whole-time director.
'All of us tend to believe that they are so well paid, why should we bother about their payments.' 'But who all are well paid? Only a handful, maybe 3-4 of them, who go in for endorsements and things.' 'The others are struggling, playing Ranji Trophy and other matches, so that compensation we made it market-oriented.'
From taxation of EPF contributions to new wage code, life won't be the same in FY22.
Rediff reader Mahesh M Kulkarni tells us how his first job and salary shaped his life.
It is important to understand how your salary influences your loan amount and implementing these valuable strategies can significantly impact your eligibility for the personal loan you desire, says Kamaljeet Rastogi.
The Salary Budget Planning report released by Willis Towers Watson said the median salary increase at the executive level for 2020 is projected at 10.1%, an increase from 9.6 per cent in the previous year.
Vinay Umarji
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