The largest single liability on this automobile supplier's balance sheet is not a bank loan. It is a lease, tied to an entity controlled by...

Retirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It...

SBI 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 ...

A senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...

State-owned Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (BPCL) have been fined by the Central Pollution Control Board...

The company needs money to pay its employees who are opting for VRS (voluntary retirement scheme), and due to its weak financial conditions...

Thee VRS scheme will be the third round of VRS offered by the company in four years. Tata Motors has a total of 42,597 employees and about ...

Finland-based Nokia has paid about Rs 250 crore as compensation to employees of its Chennai manufacturing facility, who opted for the volun...

Nokia India Employees Union sources said employees who had opted for the scheme, which entitles a benefit of around Rs 2L, did so out of fe...

The finalisation of the VRS process itself has been delayed since the govt and Air India are working hard to retain talented people.

The airline has sought this amount in addition to the Rs 10,600 crore that it is supposed to get this year.

BSNL is ready to pay up to Rs 20 lakh per employee as part of its proposed voluntary retirement scheme designed to revive the loss-making c...

BALCO, which was privatised a few years ago, is resorting to contract labour after giving VRS to its permanent employees.

The corporate scene in India today is completely different from what it was a decade or so ago.

VRS has always been India Inc's pet cost-cutting tool. In FY03, 49 companies wrote off VRS costs, and in the process, saw their net profit ...

The voluntary retirement schemes (VRS) for employees of public sector enterprises (PSE) are going to be more attractive. The government is ...

Companies that have spent huge amounts on voluntary retirement schemes (VRS) are entitled to receive full exemptions on income-tax, the Inc...