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EMPLOYEE BENEFITS
Coimbatore company paid 20% of medical bills and gave a month long leave after the demise of an employee's fatherA Coimbatore-based company is earning praise after providing an employee over four weeks of leave following her father's death, contributin...
IRS announces new rules Trump Accounts for contribution towards employees’ dependent children. All you need to knowEmployers can now contribute $2,500 each year to Trump Accounts designed for children's savings. Alongside this, employees have the option ...
SK Hynix's Korean workers launch unified union amid stalled wage talksThe launch comes as SK Hynix and its existing unions are locking horns over annual wage talks, after the chipmaker posted record quarterly ...
FirstCry reports 13% growth in revenues, cuts losses by 34% in Q1The company’s expenses rose 12% YoY to Rs 2,046 crore from Rs 1,829 crore a year earlier, led by higher stock-in-trade purchases and other ...
Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exemptRetirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It...
Can you build a ₹5 crore retirement corpus on a ₹15 lakh salary with EPF alone?Can EPF contributions secure a comfortable retirement for those with higher salaries. With an annual income of ₹15 lakh, one can potentiall...
Higher EPS pension: What is government doing on pending application for higher EPS pension; here's what union minister saidEPS 95 latest news: The Employees' Provident Fund Organisation (EPFO) has received over fifteen lakh applications for higher EPS pensions. ...
From welfare facilities to working conditions: What manufacturing employees are entitled to under new labour code rulesEmployees working in manufacturing sector can clarity on what benefits they are entitled to and what their employer must provide, under new...
EPS pension hike: Will minimum pension rise from Rs 1,000 to Rs 7,500?Minimum EPS pension: Pensioners are advocating for a boost in the minimum EPS pension. The government reassured them that existing pensions...
8th Pay Commission news: Minimum salary of Rs 69,000 and minimum pension of Rs 45,000; what Bharat Pension Samaj recommended to 8th CPC8th Pay Commission fitment factor: Bharat Pensioners Samaj met 8th Pay Commission officials proposing a minimum pension of Rs 45,000. They ...
No proposal under consideration for restoration of Old Pension Scheme: MoS for Finance Pankaj ChaudharyThe government has no plans to restore the Old Pension Scheme due to its fiscal unsustainability. Several state governments have requested ...
Even receptionists & janitors 'own millions in stock' at this US billionaire’s hedge fundPershing Square Capital Management stands out for its remarkable employee benefits, with Bill Ackman saying that everyone from receptionist...
Group term life: Why salary-linked insurance cover can matter after death and offer critical financial support to familyThe objective of life insurance is to provide a replacement income to the dependents of the deceased employee. That is why it is important ...
Pinarayi Vijayan alleges harassment, politically motivated transfers of public servants under UDF govtPinarayi Vijayan alleges government employees face a frightening situation due to government wrongdoings. He cited a clerk's death and a do...
West Bengal pay panel proposes 5% annual increment, 11-year pension restorationWest Bengal's seventh pay commission will revise employee pay and benefits. It aims for pay parity with central government employees and im...
Higher EPS-95 pension: Government clarifies rule for employees of exempted, unexempted establishmentsEPS higher pension: The government has acknowledged the Madras High Court's decision on higher pension benefits. Supreme Court orders regar...
Higher EPS pension: Will existing pensioners get a higher pension due to the increase in the minimum EPF wage ceiling from ₹15k to ₹25k?A potential EPF wage ceiling increase to ₹25,000 is generating significant employee interest. Read on to know if existing pensioners will r...