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VOLUNTARY TERMINATION
Customs should accelerate AI usage to reduce cost, physical interface with trusted taxpayers: CBIC chiefIn a progressive move, the Customs department plans to ramp up its deployment of artificial intelligence and real-time analytics to limit d...- Employer-funded life insurance: How group term cover, riders and keyman insurance can strengthen your protectionThe base GTL is where most organisations start. Voluntary enhancement provides affordable cover without underwriting hurdles. Riders extend...
- Stocks in news: Swiggy, M&M, REC, Adani Power and Bajaj FinservIndian stock markets closed lower on Monday, extending their losing streak for four weeks. Investor sentiment remained subdued due to risin...
- Phuket-Delhi flight: Probe finds hydraulic failure; pilot sackedA preliminary probe found a hydraulic failure on a Phuket-Delhi flight. This incident caused altitude changes and triggered warnings, injur...
- Air India terminates Phuket-Delhi flight pilot after testing positive for drugsAir India terminated a pilot's employment after a positive drug test. The pilot was in command of a Phuket to Delhi flight. This action fol...
- Tech layoffs continue; ITC Infotech-Happiest Minds to mergeHappy Tuesday! Tech giants Oracle and Microsoft are planning to restructure their India workforces. This and more in today’s ETtech Morning...
- Oracle trims 3,000 India roles; Microsoft places 500 on PIPAround 2% of Microsoft India workforce, which translates to about 400-500 people, may be impacted by a global PIP exercise at the company, ...
- Retiring early? Know how much tax exemption can employees claim for VRSYou can claim full tax exemption on VRS if the scheme was launched under special framework; Know how it works for employees claiming VRS.
- Is severance pay received under a VRS taxable for all employees? Know what the Income Tax law saysSeverance pay received under a voluntary retirement scheme is not always taxable for all employees; Know why and what the tax law says
- Moving back to India? What NRIs need to know about US tax obligationsFrom RSUs to retirement accounts, what returning Indians must settle before—and after—they land. The first thing to understand is that immi...
- 'Resign or we will terminate you': HC advocate shares how to avoid this HR ultimatum and forced resignation trapCompanies often pressure employees into resigning to avoid legal obligations. As per a HC advocate, a forced resignation under threat is no...
- Employee wrongly reported Rs 65.21 lakh VRS payout in ITR, lost tax relief; ITAT Pune rules the amount is not taxable and grants him reliefEmployee got Rs 65.21 lakh as VRS after company shut plant, but wrong ITR reporting led to tax dispute; ITAT Pune rules in his favour and g...
- SBI rejects Rs 9.48 lakh VRS claim after employee dies a month before cut-off date; HC orders payment to family for this reasonSBI denied Rs 9.48 Lakh VRS benefits as employee died a month before VRS retirement cut-off date; Telangana HC grants relief to family and ...
- Voluntary retirement not mere act of leaving, rather distinct right of employee: Supreme CourtThe Supreme Court has declared voluntary retirement a distinct employee right. This right becomes effective after completing service years ...
- Employee gets terminated after giving a two-week notice — now faces questions about the firing, advice pours inNearly 20% of employers now end employment immediately after a worker resigns to protect digital data. This is not a "firing." It is a secu...
- Refusing a company event got a Chinese worker fired - here’s how he fought backChinese employee legal battle: A Chinese worker successfully sued his employer after being fired for refusing to perform at the company's a...
- Know why US SEC is offering its staff $50,000 to resign or retireThe all-staff memo was sent by the US Securities and Exchange Commission's chief operating officer Ken Johnson on February 28. It offers a ...
- Go First's engine lessors tell NCLT moratorium doesn’t apply; RP claims leases terminated post insolvency filingGo First's engine lessors have argued in the National Company Law Tribunal that their assets should not be covered under the moratorium as ...
- Pune labour commissioner summons Amazon over mass layoffsThis is the second notice Amazon has received over its job cuts. In November, the labour ministry asked it to appear before the deputy chie...
- 'Asmita' movement to work for girls' dignity, empowerment in PuneA first-of-its kind non-profit social initiative 'Asmita movement' is to be launched in the city aiming to empower female population.
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