Searched for
VRS PACKAGE
Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this groundA senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...- Air India rolls out second VRS, to cover 2,100 staffAccording to the VRS memo, a copy of which was seen by ET, permanent employees who are above 55 years of age or who have completed 20 years...
- Auto, manufacturing firms roll out VRS to streamline operations amid Covid-19Labour and employment lawyers said there has been an increase in VRS offers being rolled out by companies in the last few months after the ...
- 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...
- 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...
- BSNL, MTNL staff unions, associations meet Prasad; pledge support to government's relief planSources privy to the development said that the minister also met the employee unions and officer associations on Monday and that they assur...
- BSNL, MTNL to be merged; Cabinet approves four-way revival planTelecom Minister Prasad said that government wants to make these companies more competitive.
- Government proposes Rs 74,000 crore bailout for BSNL, MTNLBSNL is the country’s biggest loss-making PSU (estimated Rs 13,804 crore in FY19), while MTNL was third with a loss of Rs 3,398 crore.
- VRS package may save Rs 1,080 crore in annual salary tab: MTNL chiefImplementation of VRS is expected to lower expenses of the firms and provide them the much-needed liquidity.
- Hindustan Vegetable Oils Corporation employees get revised VRS in lieu of its sicknessThe CCEA chaired by Prime Minister Narendra Modi, has given approval to the proposal for an improved VRS package based on 2007 notional pay...
- CCEA to consider VRS package for HVOC staffCCEA will consider tomorrow a voluntary retirement scheme (VRS) for employees of the sick public sector company Hindustan Vegetable Oils Co...
- Cabinet okays improved VRS for Hooghly Dock & Port employeesImplementation of the new VRS package would substantially reduce the manpower of HDPEL and would help in downsizing.
- Five sick PSUs to be shut, employees to get good VRS: Anant GeeteFive sick PSUs will be shut down and the government will pay good VRS package to their employees, according to Heavy Industries Minister An...
- Government approves improved VRS for employees of CIWTCGovernment approved a proposal for an improved VRS for the employees of Central Inland Water Transport Corporation Limited (CIWTC) and its ...
- Air India grounds voluntary retirement scheme citing high attrition, lack of fundsAir India has given a quiet burial to its VRS owing to high attrition rate & govt's disinclination to provide committed funds due to precar...
- VRS being prepared for sick PSU Hindustan Photo Films employeesThe Department of Heavy Industries will soon seek the Cabinet approval for VRS it is preparing for employees of sick PSU Hindustan Photo Fi...
- Air India's plan to trim workforce stuck with Finance MinistryAir India's plan to trim its 27,000 bloated workforce by offering a voluntary retirement scheme (VRS) is stuck in the North Block.
- Air India seeks Rs 1,100 crore more from government to implement VRSThe airline has sought this amount in addition to the Rs 10,600 crore that it is supposed to get this year.
- Companies can now write off VRS expensesThe Institute of Chartered Accountants of India (ICAI) has decided to allow business enterprises to the write off expenditure on voluntary ...
- Govt may relax expensing of VRS payoutsIndia, Inc. need not worry about its bottomline being hit by a new accounting regulation insisting on immediate expensing of payouts on vol...
Load More
