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ANNUAL LEAVE ENCASHMENT LABOUR CODE
Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...- Not job loss, AI's biggest danger is something much worse. Why doctors and techies could be the first victims, research findsAs artificial intelligence becomes a routine part of work in healthcare, software development and other professions, researchers are warnin...
- Put a freeze on extreme heat: Why India needs more than just heatwave warningsIndia faces severe heatwaves. Dangerous heat now affects large areas with little relief. This crisis demands action beyond meteorology. Hea...
- Saudi Arabia limits instant work visas for new businessesSaudi Arabia has introduced new rules for instant work visas. Newly established businesses can now get up to five visas. Older companies ca...
- A special election in the UK could hasten the rise of Andy Burnham and the end for Keir StarmerA special election in Makerfield, northwest England, holds significant implications for Keir Starmer's position as leader of the Labour Par...
- Former UK Health Minister Wes Streeting says he could challenge PM Keir Starmer next weekFormer Health Minister Wes Streeting is ready to challenge Keir Starmer for Labour leadership. He wants to end uncertainty and paralysis wi...
- New labour code: 3 employee-friendly changes that could make working life easierNew labour codes and central government rules simplify employee compliance by consolidating 29 fragmented laws into a unified framework. Th...
- SpaceX to acquire AI coding company Cursor for $60 billionSpaceX is set to acquire AI coding firm Anysphere, creators of Cursor, for a staggering $60 billion. This strategic move aims to bolster Sp...
- Can Elon Musk's xAI challenge Anthropic after SpaceX's $60 billion Cursor AI acquisition from Anysphere?SpaceX has agreed to acquire Cursor AI parent Anysphere for $60 billion in an all-stock deal, days after SpaceX's blockbuster Nasdaq debut....
- Why a by-election in northwest England could decide Keir Starmer's futureBritain holds a crucial by-election today. The vote could trigger a leadership challenge against Labour's Keir Starmer. Andy Burnham, a pop...
- Morbi's ceramic Kilns blaze again as fuel supply crisis easesWith the dust settling from the Iran war, Morbi's ceramic industry has emerged from its hiatus, bringing workers back to the bustling facto...
- AI is making blue collar workers like electricians, mechanics richer than office workersArtificial intelligence is creating new, lucrative roles for skilled tradespeople in India, with demand for electricians, HVAC technicians,...
- AI can be more disruptive as it targets both cognitive and skill-based jobs: CEA NageswaranAI's impact on jobs is broader than past tech shifts, affecting both cognitive and skill-based roles, according to chief economic adviser V...
- World's first gig economy treaty adopted at the United Nation's ILOA historic international agreement has been adopted at the UN's International Labour Organization. This landmark convention aims to extend ...
- Employee shocked after discovering salary cut for every leave day despite annual leave entitlementA Kochi-based manager is raising concerns after their employer deducts salary for approved annual leave, a policy not disclosed during hiri...
- 8th Pay Commission latest news: Railway pensioners' body demands one rank one pension, inflation-linked pension revisionRetired railway employees are urging the 8th Pay Commission to implement one rank one pension. They also demand a revision of basic pay and...
- Retiring in 2026? Check how much tax-free leave encashment you can claim before filing ITR
- Leave encashment tax rules for AY 2026-27: How much exemption salaried employees can claimITR Filing 2026-27: Salaried employees can claim tax exemption on leave encashment at retirement. While government employees enjoy full exe...
- New Labour Code: Are 2-day full & final settlement and leave encashment rules already in force?
- Minimum 2% annual salary increment for these employees as per Rule 185 of Central Government’s new labour code rules; Know the detailsNew labour codes from the Central Government introduce a mandatory 2% annual salary increment for regular contractual workers. This rule ap...
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