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VRS TAX IMPLICATIONS
Is severance pay received under a VRS taxable for all employees? Know what the Income Tax law saysSeverance pay received under a voluntary retirement scheme is not always taxable for all employees; Know why and what the tax law says- ITR 2026: Common income tax return filing mistakes that cost employees lakhsA careful, timely, and well-documented filing approach can help employees avoid notices, interest, penalties, and refund delays while ensur...
- 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...
- Senior Citizens’ Savings Scheme: Disadvantages of SCSS you should know before investingAssured income, protection of capital and regular payouts is what makes it attractive. The Senior Citizens' Saving Scheme (SCSS) also provi...
- Hold Pfizer, target price Rs 3830: ICICI DirectPfizer, incorporated in the year 1950, is a Large Cap company (having a market cap of Rs 17452.53 Crore) operating in Pharmaceuticals secto...
- 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...
- Revamp Begins: All 200 employees at Reebok India offered VRSThe VRS will include career support and severance packages based on the time frame of their association with Reebok India Company.
- Query corner: TaxationOur expert Vaibhav Sankla, executive director, Adroit, guides you in matters relating to taxation.
- Query corner: TaxVaibhav Sankla, Executive Director, Adroit helps with your tax planning.
- Govt drops plan to tax PF withdrawalsIn a major relief to the middle class, the Centre has proposed to drop earlier suggestions of taxing withdrawals from provident funds, pens...
- Kotak Securities sees sustaining GDP growth a budget priorityKotak Securities believes that priorities of government have changed from reducing inflation rate to sustaining high GDP growth rate. FMs w...
- Panel wants tax parity for MNCs, local cosThe working group on non-resident taxation, set up by the finance ministry and headed by the director-general of income-tax (international ...
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