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EMPLOYEE DEDUCTIONS
New tax regime: 3 smart ways to reduce taxable income while filing ITR 2026- Employee shocked after discovering salary cut for every leave day despite annual leave entitlementA Kochi-based manager is raising concerns after their employer deducts salary for approved annual leave, a policy not disclosed during hiri...
- South Korea labour minister calls on tech firms to share excess AI profits with suppliers, staffIn an interview, Kim Young-hoon told Reuters that companies like Samsung Electronics that outperform profit targets should consider sharing...
- Boss continues paying employee who quit to care for son, says 'don't worry about money'An employer offered unwavering support to an accountant who resigned to care for his critically ill son. The company continued his salary f...
- Waiting for Form 16? Here’s when employers may issue it for AY 2026-27 ITR filingSalaried employees await Form 16 for Assessment Year 2026-2027. Employers must issue this crucial tax document by June 15, 2026. This form ...
- 'You want me to quit? Sure': Gen-Z retail employee quit after boss said “work somewhere else,” triggering an 8-person walk-out over shady pay rulesA boss's dismissive attitude towards his young, female staff backfired spectacularly. When an employee challenged illegal practices, he thr...
- ITR filing 2026: 5 benefits of filing income tax return besides paying taxesFiling your Income Tax Return is more than just a tax duty. It acts as a vital financial record. It helps in getting loans approved. You ca...
- Employee rejoined company on one condition: 'no late-night shifts'; now boss guilt-trips her because she has no kids and lives nearbyAn employee who negotiated a no-late-shift arrangement when rejoining her company says her manager is now subtly pressuring her to cover th...
- Could you be missing a critical June 2026 tax deadline? Check these essential TDS, Form 16, STT and advance tax requirements before it's too lateJune 2026 income tax deadlines are closer than many taxpayers realize. Form 16 issuance, TDS deposits, advance tax payments and STT reconci...
- Boss who banned WFH threatens salary deduction for ignoring late-night text; employee resigns but not before creating a nightmare for the managerA workplace exchange shared on X has gone viral after an employee refused to respond to a manager's after-hours message. The situation esca...
- 'You don't need crores to start': Bengaluru techie who rejected a Rs 30,000 job now earns Rs 2 lakh a month from businessA Bengaluru engineering graduate rejected a Rs 30,000 monthly job offer to build a commercial vehicle business. Starting with one car, he n...
- Pension is salary, family pension is not: Key tax rules pensioners must know before filing ITR for AY 2026-27Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two while filing retu...
- Are you creating a SIP portfolio that no one is watching? Scattered investments to unclaimed SIPs, here's how to fix housekeeping riskAt least once a year, pull a consolidated account statement to see everything in one go: check for overlap across schemes; flag any fund tr...
- New income tax regime: Don’t miss out on these 3 key deductions that will reduce your taxable income & help save more taxMany taxpayers mistakenly believe the New Tax Regime offers no deductions. However, salaried employees and pensioners can claim a Rs 75,000...
- SBI paid extra pension by mistake, then recovered it; court orders Rs 3.6 lakh refund with interestA Delhi widow, solely reliant on her family pension, has been granted relief by the High Court after the State Bank of India made erroneous...
- EPS pension alert: Can't submit your Life Certificate? Here's the process EPFO wants you to followEPS-95 pensioners unable to submit their annual life certificate can now avail doorstep assistance from the postal department. A simple cal...
- Can salary-linked SIPs transform mutual fund investing for salaried Indians? Experts weigh inSebi has proposed a framework allowing salaried employees to invest in mutual funds through salary deductions, similar to EPF and NPS. This...
- UAE tightens wage payment rules for private sector firms from June 1Starting June 1, 2026, UAE private sector employers must pay salaries by the first of each month via the Wage Protection System or authoriz...
- Your employer may soon pay your SIP from salary: Sebi's new mutual fund proposal explainedYour employer might soon invest in mutual funds directly from your salary. Sebi is considering a new proposal to allow this. Employees can ...
- Sebi moots MF payment by 3rd parties in select casesSebi is proposing new rules for mutual fund investments. Third parties can now make payments in certain situations. Employers can invest on...
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