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CORPORATE LEAVE PROVISION
Kolkata Municipal Corporation elections to be held in December: CM Suvendu AdhikariKolkata Municipal Corporation elections will be held by December this year. Chief Minister Suvendu Adhikari made the announcement. This fol...
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
Five ways Elon Musk's SpaceX upended Wall Street's IPO playbookSpaceX is launching its IPO with a record $75 billion listing, breaking Wall Street traditions. The company is setting a fixed share price,...
8th Pay Commission: Why these 62,000 defence civilian employees want to retain their central government employee statusOver 62,000 defence civilian employees are hopeful of retaining their central government employee status following a cabinet secretary's as...
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...
Salary hike this appraisal season? New labour codes and tax rules may change your real take-home payAppraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...
What running a business in India actually looks like: Nightmare of CEOs these days is conversion of commercial disputes into criminal casesA corporate crisis manager describes how business disputes in India are increasingly being turned into criminal cases, exposing executives ...
Junior analyst leaves Ohio logistics firm, then gets hit with $3,000 bill for attending zoom seminar teaching ‘basic excel shortcuts’: ‘an exit fee for quitting’An Ohio junior analyst says his former employer sent him a $3,000 “training repayment” bill after he quit for a better job, claiming a Zoom...
IRS won't tell you about these COVID refunds, but here's how to claim every dollar you are owedNearly 79 million Americans already filed federal tax returns this year. Yet millions may still qualify for hidden IRS COVID refund claims ...
New labour code: Can higher gratuity and social security costs under Social Security Code, 2020 be offset by employers by salary restructuring ?The recent notification of the Social Security (Central) Rules, 2026 under the Code on Social Security, 2020 marks a significant shift in I...
PM's economic advisory panel flags demand surge for caregivers, seeks policy overhaul for sectorIndia's Prime Minister's economic advisory panel recommends a major revamp of the care sector. Demand for caregivers is expected to surge p...
Raghav Chadha's BJP move has a lesson from corporate employees: 'Leave the company if not...'. Check the viral post hereFormer Aam Aadmi Party leader Raghav Chadha has joined the BJP and the politician's move has a lesson for corporate employees. In a post go...
Buckeye Trust ruling: How a single clause drafted without sufficient precision in trust deeds can trigger tax risk and derail estate planningWhether in trust deeds, corporate agreements or commercial contracts, even a single clause drafted without sufficient precision can signifi...
The most dangerous number on an Indian balance sheet after debt – and how it is manipulatedDifferent years. Different companies. Different accounting tricks. One common story – an effort to show financial numbers which hide the tr...
Creating a mirage called employee: Another way a management can manipulate profits and mislead investorsJust another line item near depreciation and finance costs, with the real assumptions and calculations buried deep in the notes. That is pr...
Overtime, gratuity, leave rules, 50% wage rule and salary components decoded in new Labour CodesNew Labour Law Salary Structure: Effective November 21, 2025, redefine "wages," impacting overtime, gratuity, and retirement benefits. The ...
Earned leave encashment is a constitutional right; it's like property that employers can't deny: HCGujarat high court has ruled that depriving an employee of earned leave encashment violates constitutional rights. The court affirmed a lab...
WNS Q2 results: Net profit up 1.7% to $29.2 mnIts revenues, however, declined 1.6 per cent to USD 222.6 million in the September 2020 quarter, from USD 226.2 million in the year-ago per...
Foreign firms not leaving India on policy issues: GovtIn reply to a separate question, Pilot said there was no "verified information" to suggest that cases of corporate frauds are on the rise.
- New cos law set to reduce SEBI's exclusive powers
In what could do away with SEBI’s domain exclusivity in handling issues like insider trading, takeover and corporate governance, the Compan...