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AI startup CEO gifted almost Rs 1 crore mattresses to all employees, the reason will surprise youAn AI startup CEO is prioritizing employee well-being over traditional perks, gifting each worker a $3,000 sleep-enhancing mattress cover. ...
Will Rs 32 lakh EPF corpus withdrawal be tax-free? Are there better options than withdrawing?ET Wealth Reader's Query: I contributed to EPF until 2021 while working at an MNC. Since moving to a startup in 2022 that doesn’t offer PF,...
RBI eases investment rules for NRIs, OCIs; permits designated repatriable rupee accountsThe Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...
California Gov. Gavin Newsom says Trump's DoJ is investigating him and his wifeCalifornia Governor Gavin Newsom accused the Justice Department of a politically motivated investigation targeting him and his wife, allegi...
Beware of pointless employee giftsJob welcome gifts have lost their charm. Companies are now offering impractical items like garbage bags instead of useful presents. Employe...
US Supreme Court rejects TCS appeal in $168 million trade secrets caseThe U.S. Supreme Court has refused to hear Tata Consultancy Services' appeal. This upholds a $168 million award against Tata. DXC Technolog...
EPFO asks retired employee to return Rs 2.5 crore PF money over company's trust exemption lapse; he fights in HC and winsA retired employee received relief from the Telangana High Court. The Employees' Provident Fund Organisation had demanded Rs 2.5 crore PF m...
Opendoor fires all Indian employees, shuts India operationsUS real estate technology company Opendoor is winding down its India operations and relocating remaining roles to the US, affecting nearly ...
Indian-American arrested in California for allegedly defrauding bank of $100 millionAn Indian-American man, Mahender Makhijani, was arrested in California for allegedly defrauding a bank of nearly $100 million. He is accuse...
Cantor V founder and Indian-origin California businessman Mahender Makhijani accused in $100 million fraud; sex party and blackmail claims surfaceIndian-origin businessman and founder of Cantor V Group, Mahender Makhijani, is facing a $100 million fraud investigation in California. Pr...
Oracle awarded US contract to provide government-wide HR softwareOracle will provide a cloud-based HR platform to replace the individual systems of agencies, Office of Personnel Management Director Scot...
Rs 1.50 lakh/month income from Rs 1.5 crore corpus? Easy retirement strategies explainedRetiring with Rs 1.5 cr can provide a monthly income, but the amount depends on risk appetite and investment returns. Experts suggest withd...
Indian diaspora groups welcome court ruling striking down $100,000 H-1B visa feeIndian diaspora groups in the US have lauded a federal court's decision to strike down the $100,000 H-1B visa fee, deeming it a fair move f...
8th Pay Commission salary hike: Why this employee body is recommending Rs 55,000 minimum basic pay to 8th CPCThe Jammu & Kashmir Employees' Federation has urged the 8th Pay Commission to implement a fitment factor of 3.05 and a minimum basic pay of...
NPS withdrawal rules clarified: Postal department says pension body explains conditions to withdraw 100% NPS-Lite corpusNPS-Lite subscribers can now withdraw their entire accumulated pension wealth up to Rs 2 lakh as a lump sum, the Department of Posts announ...
New income tax regime: Don’t miss out on these 3 key deductions that will reduce your taxable income & help save more taxMany taxpayers mistakenly believe the New Tax Regime offers no deductions. However, salaried employees and pensioners can claim a Rs 75,000...
SBI advisory for May 25-26 bank strike: Check State Bank of India's available banking services during two-day protestSBI customers are advised to utilize digital services like ATMs, CSPs, and the Yono app as the All India State Bank of India Staff Federati...