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NOTICE PERIOD FOR VRS
20 years of govt job doesn't guarantee pension: Legal heirs get gratuity but no family pension after a legal fight in SC due to this reasonThe Supreme Court has made a pivotal judgment regarding employee entitlements that has caught public attention. An employee of the governme...
Fired employee gets Rs 26 lakh severance pay, but didn't pay income tax; loses tax battle in ITAT Hyderabad for this key reasonIn a landmark decision on November 19, 2025, the ITAT Hyderabad ruled that severance packages is to be classified as taxable income under p...
UPS resignation rules: United Pension Scheme subscribers need to forfeit this amount if they resign from their postCentral government employees under the Unified Pension Scheme face forfeiture of assured payouts if they resign. However, their accumulated...
Pension, gratuity withheld on caste misrepresentation charge, retired govt officer fights and wins case in Bombay High CourtA retired Central Excise officer has won a significant legal battle. The Bombay High Court has ordered the release of his pension and gratu...
Loan default: Directors remain personally liable under NI Act even if company’s debt is settled through IBC proceedings, rules Bombay High CourtDirectors of an insolvent company remain liable for bounced cheques under the Negotiable Instruments Act, even if the company's debts are s...
UPS rules for VRS explained: Central govt employees seeking voluntary retirement need to serve notice period of this durationUnified Pension Scheme (UPS): New guidelines from the Department of Pension and Pensioners' Welfare detail voluntary retirement for governm...
Senior official who won VRS case against Railways given 'punishment posting', alleges employees' unionsA chief divisional train controller who won a VRS case against the Railways in July has been transferred to Mathura, sparking opposition fr...
Railways sacked one 'non-performer or corrupt official' every three days since July 2021: Officials"The (Railways) minister (Ashwini Vaishnaw) is very clear about his missive of 'performance or perish'. Every three days, we have weeded ou...
ED questions Rahul Gandhi on 4th day in National Herald money laundering caseThe fourth day of questioning was deferred from June 17 to this day after Gandhi requested the agency for postponing the session as he want...
Stocks in the news: Vodafone Idea, RIL, LVB, Tata Steel, PVR and Sterling and Wilson SolarTrai has granted additional time, till September 8, to Vodafone Idea to reply to its show-cause notice on priority plan.
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...
Discussed VRS with PMO on July 18; no connection with transfer: S C GargFormer finance secretary Subhash Chandra Garg said the VRS proposal was sent much before the transfer order.
When God asked self-proclaimed ‘Kalki’ to travel ticketless“I am an instrument of Durga! I get directions from Goddess Jagdamba (Durga) or Lord Vishnu and act for humanity’s sake,” Rameshchandra Fef...
VK Sharma replaces SK Roy as LIC chairmanThe finance ministry is said to have initiated a departmental enquiry against Roy, allegedly over investments made by LIC in real estate fi...
Lost your job or taking VRS? Here's how the severance payout will be taxedDownsizing—be it by a startup or a global giant—is no longer a rarity. Understanding the tax implications of the severance package can come...
Changing jobs? Here's how to minimise tax impactFrom correct deduction of TDS to payment of advance tax, here’s how to deal with various taxation issues that may arise when you switch job...
Swachh Drive’s head Vijaylakshmi Joshi rethinks request for VRSJoshi's withdrawal of the VRS request can also be connected with the fact that finally things have begun progressing in the Swachch Bharat ...
Employees can't claim VRS benefit as matter of right: Supreme CourtNo employee, as a matter of right, can seek the benefits of voluntary retirement scheme.
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- Essar Steel Algoma launches VRS as sales fall
ESSAR Steel Algoma has decided to launch VRS to employees to cope with the sudden drop in steel demand. The decision to offer VRS follows t...