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EMPLOYEE VRS
Employee wrongly reported Rs 65.21 lakh VRS payout in ITR, lost tax relief; ITAT Pune rules the amount is not taxable and grants him reliefEmployee got Rs 65.21 lakh as VRS after company shut plant, but wrong ITR reporting led to tax dispute; ITAT Pune rules in his favour and g...- 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...
- 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 ...
- EPFO's New PF Rules Explained: Faster withdrawals, three-day settlement and other key changesEPFO Rule Changes Explained: The Centre has revamped EPF rules, promising faster claim settlements within three days for withdrawals and 20...
- 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...
- 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. ...
- Air India rolls out second VRS, to cover 2,100 staffAccording to the VRS memo, a copy of which was seen by ET, permanent employees who are above 55 years of age or who have completed 20 years...
- Banker's yield to maturityThis study aimed at looking at the micro-level impact of VRS on bank employees. The attempt was to look at it from the perspective of the e...
- 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 ...
- SBI moots VRS scheme to optimise costs, about 30,000 employees eligibleBesides, the draft scheme, seen by , said it will provide an option and a respectable exit route to employees who have reached a level of s...
- Govt trying to revive BSNL, MTNL, make them professionalCommunications minister Ravi Shankar Prasad informed Rajya Sabha that in order to revive the public sector units BSNL and MTNL, the VRS sch...
- Government asks HMT Watches to raise own funds for paying salariesAs many as eight central public sector enterprises under the Department of Heavy Industries are under closure.
- Unions to oppose VRS for SBI associates' employeesThe five associate banks of SBI are State Bank of Bikaner & Jaipur, State Bank of Mysore, State Bank of Travancore, State Bank of Patiala a...
- Government approves improved VRS for employees of CIWTCGovernment approved a proposal for an improved VRS for the employees of Central Inland Water Transport Corporation Limited (CIWTC) and its ...
- Voluntary retirement scheme is optional to employees, says NokiaFinnish handset major Nokia today said the voluntary retirement scheme announced by the company for the employees of its facility near here...
- Nokia workers allege management forcing them to opt for VRSThe employees at a meeting decided to seek the intervention of government to direct the management to make the VRS scheme optional and not ...
- BALCO resorting to contract labourBALCO, which was privatised a few years ago, is resorting to contract labour after giving VRS to its permanent employees.
- Govt to offer PSU staffers VRS with life insuranceThe voluntary retirement schemes (VRS) for employees of public sector enterprises (PSE) are going to be more attractive. The government is ...
- Over 54,000 PSU employees opted for VRS in 2001-02Over 54,000 public sector employees opted for Voluntary Retirement Scheme (VRS) in 2001-02, Rajya Sabha was informed on Monday.
- Bring back those sent under VRS: HCCHANDIGARH: The Punjab and Haryana High Court has ordered reinstatement of 71 employees of various banks who were relieved by their managem...
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