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EMPLOYEE ALLOWANCE
Rs 15 lakh, Rs 20 lakh or Rs 25 lakh CTC? Check your exact TDS under new vs old tax regime for Tax Year 2026-27Understanding Tax Deducted at Source (TDS) on your salary is crucial. Employers calculate your annual tax liability based on declared incom...
Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix thisThe Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...
‘Measure outcomes. Not hours’: Workplace lesson on why employees who finish tasks early can be a company’s biggest assetA recent viral workplace lesson highlights a frustrating paradox: efficiency is often met with micromanagement, not recognition. Imagine tw...
8th Pay Commission: Why defence employees’ body wants changes in inflation index used for DA, DR calculations
8th Pay Commission HRA changes: 5 employee bodies recommend house rent allowance up to 40%; check details8th pay commission proposals: Central government employees are urging the 8th Pay Commission to significantly hike House Rent Allowance (HR...
8th Pay Commission latest news: Can 8th CPC submit its report before Mid-2027 as Lucknow meetings begin?8th Pay Commission news: Central government employees are anticipating the 8th Pay Commission's report, with some associations suggesting a...
Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
'Boss Scam' alert: Cybercriminals hijack executives' WhatsApp accounts to trick staff into transferring moneyA new cyber fraud, the 'Boss Scam,' is targeting top executives, according to the Indian Cyber Crime Coordination Centre. Criminals are sen...
Why scalable AI products are becoming critical for enterprise AI adoption and business growthScalability is commonly viewed as a concern for large enterprises, when in reality, it becomes critical much earlier. As businesses expand ...
'Your company won't collapse if you got to bathroom': WFH employee shares how he beats remote work burnoutRemote work offers flexibility but can lead to burnout due to blurred boundaries. A Reddit user shared practical tips to combat this, empha...
UAE introduces regulated work permits for private tutoring; benefiting students and teachersThe UAE has launched a new framework allowing students, teachers, and employees to legally offer private tutoring. The Ministry of Human Re...
This family sold its business for $1.7 billion and rewarded 540 factory workers with a $240 million giftA Louisiana-based company, Fibrebond, has made headlines after its sale for $1.7 billion, with former owner Graham Walker gifting a stagger...
Canadian lender TD tells some employees it will use software to monitor their workTD said in a statement to Reuters the deployment is "standard practice across the industry." "In various parts of our business, we use auto...
New labour code: Appointment letters must mention job role, workplace, and other key conditions; here's how employees benefitNew labour code rules mandate employers to issue detailed appointment letters, ensuring clarity on job roles, wages, and social security be...
Canadian lender TD tells some employees it will use software to monitor their workIn a bid to refine efficiency, Toronto-Dominion Bank is introducing software to monitor employee activities in its financial crimes and ris...
Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...
OpenAI introduces enhanced usage analytics, AI spending controls for ChatGPT EnterpriseThe new features aim to help manage costs and track credit usage, as growing adoption of the AI tools by power users in enterprises has d...
New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...
AI startup CEO gifted almost Rs 1 crore mattresses to all employees, the reason will surprise youAn AI startup CEO is prioritizing employee well-being over traditional perks, gifting each worker a $3,000 sleep-enhancing mattress cover. ...
Bengaluru techie with Rs 18 lakh salary paying Rs 25,000 per month to wife as house rent to save tax, sparks debate onlineA Bengaluru IT employee's clever tax-saving plan is causing a stir online. He pays rent to his wife for a home she owns, aiming to reduce h...