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MTNL VRS 2019
CBDT issues new clarification on BSNL-MTNL VRS-2019 compensation: Will it affect retirees' income tax benefits?The CBDT issued a notification clarifying that ex-gratia compensation for BSNL and MTNL VRS-2019 is not retrenchment compensation. This com...- 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.
- DoT to seek FinMin nod for second BSNL VRS, to cut workforce by 35%The Department of Telecommunications (DoT) plans to seek finance ministry approval for a second voluntary retirement scheme (VRS) at Bharat...
- No recharge for MTNL, calls to be routed to BSNLGovernment plans to restructure debt and transfer MTNL's operations to BSNL due to financial struggles. Staff may opt for VRS or be transfe...
- BSNL, MTNL narrow losses, reduce liabilities in 2020-21In a written reply to a question in the Rajya Sabha, Minister of State for Communications Devusinh Chauhan submitted that the loss of BSNL ...
- Government has no plan to close down BSNL, MTNL: DhotreThe revival plan includes reduction in employee costs through a voluntary retirement scheme (VRS) for the employees of age 50 years and abo...
- BSNL loss widens over 2.5 times to Rs 39,000 cr in Apr-DecThe Union Cabinet also approved merger of the state-owned telecom firms and till the completion of the process, MTNL will operate as a subs...
- Govt trying to revive BSNL, MTNL, make them professionalCommunications minister Ravi Shankar Prasad informed Rajya Sabha that in order to revive the public sector units BSNL and MTNL, the VRS sch...
- Over 92,000 employees of BSNL, MTNL opt for VRS schemeAccording to the plan, all regular and permanent employees of BSNL, who attended the age of 50 years or above are eligible to seek voluntar...
- BSNL-MTNL merger may be completed in 24 months: Telecom Minister Ravi Shankar PrasadThe government has earlier said that till the completion of the merger, Mahanagar Telephone Nigam Ltd (MTNL) will operate as a subsidiary o...
- MTNL says over 13,500 employees opted for VRS scheme so farMTNL had initially expected the voluntary retirement scheme (VRS) optees to touch 13,500, but the numbers have already reached 13,532 emplo...
- Nearly 75,000 BSNL employees have opted for VRS so far: ChairmanThe 'BSNL Voluntary Retirement Scheme - 2019' that was rolled out last week, will remain open till December 3. BSNL is looking at savings o...
- Nearly 70,000 BSNL employees opted for VRS so far: ChairmanBSNL Voluntary Retirement Scheme - 2019' was rolled out last week. According to the scheme, all regular and permanent employees of BSNL inc...
- BSNL mulls biz continuity measures as VRS plan rolls out in full swing; talks on with DoTNearly one lakh BSNL employees are eligible for the VRS out of its total staff strength of about 1.50 lakh.
- Over 40,000 employees have opted for BSNL VRS so far: ChairmanIn all, nearly one lakh BSNL employees are eligible for the VRS out of its total staff strength of 1.50 lakh. The scheme that was rolled ou...
- 22,000 employees opt for BSNL VRS plan in 2 daysIn all, nearly one lakh BSNL employees are eligible for the VRS out of its total staff strength of 1.50 lakh. The scheme that was rolled ou...
- BSNL rolls out VRS scheme, expects 70,000-80,000 employees to opt for itAccording to `BSNL Voluntary Retirement Scheme - 2019' all regular and permanent employees of BSNL including those on deputation to other o...
- MTNL sets December 3 for employees to opt for VRSIn a notice sent out by MTNL to employees, the company mentioned "all regular and permanent employees of 50 years and above as on January 3...
- MTNL shares hit upper circuit on Rs 69,000 crore revival planProceeds of the sovereign bonds issue will be used to restructure debt and meet other expenses.
- BSNL, MTNL to be merged; Cabinet approves four-way revival planTelecom Minister Prasad said that government wants to make these companies more competitive.
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