INR exchange rate while filing ITR to report foreign assets: Use this reference rate to convert foreign currency into INR as prescribed under income tax rulesIndian taxpayers must report foreign assets in their Income Tax Returns for AY 2026-27. Foreign currency amounts require conversion to Indi...
21 Jul, 2026, 03.48 PM IST
8th Pay Commission salary hike: Will 2.0 fitment factor increase gross salary by just 31%? Check pay calculatorCentral government employees anticipate significant salary raises from pay commissions. However, gross salary increases may lag behind basi...
21 Jul, 2026, 03.36 PM IST
SBI Funds IPO jackpot turns 13 employees into crorepatis; top ESOP haul hits Rs 121 croreSBI Funds IPO has transformed thirteen employees into crorepatis through stock ownership. Deputy Managing Director Devinder Pal Singh recei...
21 Jul, 2026, 12.20 PM IST
Scapia announces Rs 20 crore Esop buybackTravel fintech Scapia has launched a Rs 20 crore employee stock ownership plan buyback. Eligible employees can now sell up to ten percent o...
20 Jul, 2026, 03.51 PM IST
Turtlemint eyes profitable FY27 as renewal book growsThe company operates an insurance distribution platform that enables point-of-sale persons (Posps) and advisors to sell insurance products ...
20 Jul, 2026, 01.46 PM IST
Court grants 39-hour police custody of two accused in Ram Mandir donation embezzlement caseRam Shankar Yadav and Manish Yadav received thirty-nine hours of police custody. Investigators will question the accused regarding alleged ...
17 Jul, 2026, 06.05 PM IST
Roles reset as AI rises, managers emerge as new change agentsAs AI technology continues to permeate workplaces, managers have become crucial players in its successful integration. Their role has evolv...
17 Jul, 2026, 05.11 PM IST
Automatic EPF transfer on switching job: Who can access this facility and who will be left out?The new EPF reforms introduce automatic fund transfers when changing jobs. This facility requires an Aadhaar-linked and KYC-compliant Unive...
17 Jul, 2026, 03.18 PM IST
Is your employer delaying deposit into your NPS? Know how it can impact youGovernment departments must remit employee NPS contributions promptly to PFRDA. Delays in crediting NPS contributions will incur interest c...
17 Jul, 2026, 11.43 AM IST
Deepfake scam rattles Sky Gold as subsidiary suffers Rs 11 crore loss after unauthorised fund transferSky Gold shares fell after its subsidiary lost Rs 10.70 crore due to fraud. Unknown persons used deepfake techniques to impersonate a direc...
17 Jul, 2026, 09.42 AM IST
Have an inactive foreign bank account? You may still need to disclose it in your ITR for AY 2026-27Indian taxpayers must report dormant foreign bank accounts in their ITR. This requirement applies even if accounts have zero balance and no...
16 Jul, 2026, 03.34 PM IST
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...
16 Jul, 2026, 12.12 PM IST
7,700 jobs down: India’s top private banks’ workforce reduce as tech wonder gets busyIndia's largest private banks are reducing staff numbers. This shift reflects increased automation and artificial intelligence adoption. Te...
15 Jul, 2026, 11.15 AM IST
HDFC Bank's total workforce witnesses reduction of 3,343 employees in FY26HDFC Bank reduced its workforce by 3,343 employees during the last fiscal year. The bank's total balance sheet expanded by twelve percent t...
13 Jul, 2026, 08.03 PM IST
From Satya Nadella to David Solomon: Five CEOs who accepted pay cuts despite no personal faultCorporate leaders are accepting pay cuts to show accountability for various company failures. Satya Nadella of Microsoft and David Solomon ...
12 Jul, 2026, 03.09 PM IST
HDFC Bank redeploys backend employees to customer-facing rolesHDFC Bank is shifting backend employees to customer roles. Technology efficiencies are enabling this strategic talent redeployment. The ban...
11 Jul, 2026, 11.00 PM IST
Wall Street banks rule on staff betting on prediction markets, sources sayIn a significant move, major Wall Street banks have revised their employee conduct guidelines. The updated policies impose restrictions on ...
10 Jul, 2026, 08.20 PM IST