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ELIGIBLE VRS COMPENSATION
SBI rejects Rs 9.48 lakh VRS claim after employee dies a month before cut-off date; HC orders payment to family for this reasonSBI denied Rs 9.48 Lakh VRS benefits as employee died a month before VRS retirement cut-off date; Telangana HC grants relief to family and ...15 Jul, 2026, 02.34 PM IST- Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this groundA senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...26 Jun, 2026, 12.13 PM IST
- Tata Motors rolls out VRS after union push; around 300 employees opt inTata Motors recently offered a voluntary retirement scheme to its employees. This initiative was a response to demands from worker unions. ...08 May, 2026, 05.00 AM IST
- Ahead of Air India merger, Vistara offers VRS to ground staffThe full-service carrier, a 51:49 joint venture between the Tata Group and Singapore Airlines, is scheduled to merge into Air India by the ...30 Jul, 2024, 12.07 AM IST
- Honda Motorcycle & Scooter India floats voluntary retirement scheme to sustain operationsAccording to people in the know, HMSI Tuesday initiated the voluntary retirement scheme which is applicable to all permanent associates on ...06 Jan, 2021, 09.40 AM IST
- Tata Motors offers its third VRS scheme in four years as part of its ongoing cost restructuring exerciseThee VRS scheme will be the third round of VRS offered by the company in four years. Tata Motors has a total of 42,597 employees and about ...11 Dec, 2020, 09.50 PM IST
- Honda Cars India offers VRS scheme to its office associates as part of right-sizingThe maker of popular sedans had offered a voluntary retirement scheme to its plant workers in January-February and now has initiated a simi...30 Jul, 2020, 11.42 PM IST
- BPCL offers voluntary retirement scheme to employees ahead of privatisation"The Corporation has decided to offer a Voluntary Retirement Scheme (VRS), with a view to enable employees, who are not in a position to co...26 Jul, 2020, 11.29 AM IST
- MTNL sets December 3 for employees to opt for VRSIn a notice sent out by MTNL to employees, the company mentioned "all regular and permanent employees of 50 years and above as on January 3...04 Nov, 2019, 10.01 PM IST
- Air India buyer may be allowed to retrench staff in a yearThey will be retrenched through the government’s voluntary retirement scheme (VRS), where an employee gets an amount that’s equivalent to m...17 Oct, 2019, 06.27 AM IST
- Ashok Leyland employees continue stir; VRS & ESS schemes unveiledThe Union had demanded 10 per cent hike in bonus, while the management offered five per cent, which was not acceptable.17 Aug, 2019, 06.06 PM IST
- 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...13 Sep, 2016, 03.06 PM IST
- Air India's plan to trim workforce stuck with Finance MinistryAir India's plan to trim its 27,000 bloated workforce by offering a voluntary retirement scheme (VRS) is stuck in the North Block.19 May, 2013, 12.18 PM IST
- BSNL rings in VRS offer of upto Rs 20 lakh per employeeBSNL is ready to pay up to Rs 20 lakh per employee as part of its proposed voluntary retirement scheme designed to revive the loss-making c...21 Sep, 2011, 10.26 AM IST
- VRS is not a dirty word anymoreThe corporate scene in India today is completely different from what it was a decade or so ago.11 Dec, 2006, 04.10 AM IST
- RBI Staff Get VRS definition wrong, face taxing timeWhat's in a name? A lot in the three-letter word VRS. By any other name, the benefits that come with a VRS will not be there.01 Feb, 2005, 02.37 AM IST
- Govt may offer VRS with I-T benefitsNEW DELHI: The government has decided to offer a revamped voluntary retirement scheme for its employees and exempt a part of the benefits f...06 Feb, 2002, 01.08 AM IST
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