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DEFERMENT OF SALARIES
ITR filing 2026: Foreign income and overseas assets? Avoid these 7 costly disclosure mistakesReturning Indians face new tax filing complexities. Foreign retirement accounts now necessitate the more detailed ITR-2, moving away from t...
ITR filing for FY 2025-26: Key changes in due dates, ITR forms, and F&O disclosure rules taxpayers must knowThe deadline for filing income tax returns for FY2025-26 has arrived, with new rules and forms in effect. Notably, ITR 3 and ITR 4 filings ...
Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
Kerala's liabilities top Rs 5 lakh crore; pending dues near Rs 49,000 croreKerala faces a severe fiscal challenge. Total outstanding liabilities have surpassed Rs 5.07 lakh crore. Unpaid dues and deferred payments ...
Worked in the US, UK or Canada? Form 40 can help Indians defer income tax liability on foreign pension accountsIndian residents with foreign pension accounts like 401(k) from working in the US, UK, or Canada can now defer India tax liability. By fili...
Himachal Pradesh clears Rs 1,500 aid for women in 4th year of powerHimachal Pradesh government approved a monthly cash transfer of ₹1,500 for eligible women. This fulfills a key Congress poll promise. Women...
Air India’s cabin glow-up is fighting the pressure of a brutal money heatAir India is undergoing a significant fleet overhaul, investing $400 million in refurbishing cabins with new seats, entertainment systems, ...
Assam govt aims 20% cut in fuel cost, 10% down in revenue expense as part of austerity measuresAssam government has announced austerity measures to boost fiscal prudence. Fuel expenditure will be cut by 20 per cent. Minister and offic...
Assam austerity drive: Inter-district movement of CAPF/Assam Police to be restrictedAssam government is implementing austerity measures to combat the global energy crisis. New vehicle purchases have been banned for six mont...
Air India delays salary hikes, pushes cost cuts amid volatile FY26 outlookAir India is tightening its belt. Facing global challenges, the airline is cutting costs. This move comes after significant expansion. Mana...
RSU vs ESOP: Which is better for you as employee? Pros and cons explainedFrom vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...
India Inc salary restructuring: How new labour codes and income tax rules will impact take-home pay and retirement savingsSalaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but widespread implementati...
Himachal govt defers 30% salary of top officials for six monthsHimachal Pradesh government has deferred a portion of salaries for officers and employees for six months, starting May 2026, to manage fina...
Himachal Pradesh defers salaries of CM, ministers, MLAs for six monthsHimachal Pradesh government has announced a six-month salary deferment for its Chief Minister, Cabinet Ministers, and MLAs. This measure ai...
Got a pay cut? You may still be taxed on your original CTCIf a pay-cut is not reflected in the components of your salary, you may still be taxed on your original CTC.
Part of salaries of bureaucrats, 80,000 govt employees, ministers deferred in MeghalayaThe Meghalaya govt has decided to defer the payment of a part of the salaries of cabinet ministers, bureaucrats, and its 80,000 employees a...
Infosys mulling salary hike for employees?Infosys is evaluating a salary hike and this could come into effect from the third quarter, according to people familiar with the developme...
- Air India pilots threaten to go on strike
Toughening its posture against the deferment of payment of January salary to February 14 by Air India management, a section of its pilots t...
- Air India employees plan sit-in at airline's offices on Friday
Continuing their stir, Air India employees will stage a sit-in tomorrow at the airline's offices across the nation to protest against the m...