Gratuity, leave encashment not part of CIRP cost: NCLATThe NCLAT dismissed an appeal regarding priority payment of gratuity dues. It upheld an earlier NCLT order concerning Duncans Industries' f...
21 Jul, 2026, 01.16 AM IST
HCLTech CEO C Vijayakumar's remuneration jumps 67% to Rs 175 crore in FY26Vijayakumar, who is based in the US and draws his salary from the step-down wholly owned subsidiary HCL America Inc., saw his compensation ...
20 Jul, 2026, 11.10 PM IST
Accenture tweaks salary hike method; splits increased payout between basic and lump-sumAccenture is now splitting salary increases equally between base pay surge and lump-sum payments. This approach aims to reward more employe...
20 Jul, 2026, 12.02 PM IST
EPF Scheme 2026: Key changes in nominations, PF withdrawals, and employer complianceKey features— such as the 12% contribution rate for employers and employees as well as the Rs.15,000 statutory wage ceiling—remain unchange...
20 Jul, 2026, 11.35 AM IST
Salary has to be paid before 7th day of the succeeding month under new labour code; Know what else the new labour code says about salary timelineUnder the new labour code, employers must pay salaries by the seventh day of the following month. Daily wage workers must be paid at the en...
20 Jul, 2026, 11.03 AM IST
Psychology says employers who repeatedly pay salaries late aren’t just damaging trust, they may also lack leadership skillsPaying employees on time is more than a financial obligation, it is a cornerstone of trust. Organizations that consistently honor payroll c...
20 Jul, 2026, 12.05 AM IST
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...
18 Jul, 2026, 03.08 PM IST
'My manager keeps trying to lower my salary every time I relocate': Remote worker says pay cut threats have made them afraid to move despite heavy workloadA remote worker says repeated threats of salary cuts every time they relocate have left them afraid to move, despite taking on a heavier wo...
18 Jul, 2026, 02.04 PM IST
Rs 1,800 EPF vs 12% of basic pay: Choosing Rs 1,800 monthly contribution can increase your in-hand salary, but is it worth?Employees face a choice between higher immediate income and a larger retirement fund. Reducing EPF contributions increases take-home pay bu...
16 Jul, 2026, 03.50 PM IST
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...
16 Jul, 2026, 12.12 PM IST
8th Pay Commission HRA calculator: Can HRA go up to Rs 1,93,000/month? HRA estimates for Level 14-18 employees at 2.0, 2.1, 2.28, 2.57 fitment factors8th pay commission calculator: The 8th Pay Commission has concluded its Kolkata meetings and extended the employee data submission deadline...
16 Jul, 2026, 11.29 AM IST
The Rs 7.50 lakh myth: Why employer's NPS contribution must be included in salary for claiming deduction under Section 80CCD(2)As the due date for filing ITRs for AY 2026-27 approaches, many salaried taxpayers are finding that the ITR utility does not allow deductio...
14 Jul, 2026, 10.31 AM IST
Bengaluru CA, ex-KPMG employee, thought Rs 1 crore would make her rich. She was wrongHigh salaries do not guarantee financial freedom as lifestyle expenses often increase. Meenal Goel notes that income alone does not determi...
14 Jul, 2026, 10.21 AM IST
HR offered Rs 60,000 instead of Rs 75,000 the candidate asked for. Two months later, employee resigned. Manager says, 'You should have informed...'A Delhi-based startup co-founder shared how a candidate earning Rs 58,000 a month accepted a Rs 60,000 offer despite believing their skills...
13 Jul, 2026, 07.43 AM IST
From Satya Nadella to David Solomon: Five CEOs who accepted pay cuts despite no personal faultCorporate leaders are accepting pay cuts to show accountability for various company failures. Satya Nadella of Microsoft and David Solomon ...
12 Jul, 2026, 03.09 PM IST
As automation spreads, India's FMCG companies rethink the size of their workforceHindustan Unilever and Dabur reduced permanent staff while others increased headcount. Median employee remuneration saw increases ranging f...
12 Jul, 2026, 12.03 PM IST
Employee denied salary for more than three years due to pending disciplinary case; he fights and wins in Odisha HC; court directs state govt to release duesThe Odisha High Court has ordered the state government to release pending salary for an employee denied wages for over three years due to a...
06 Jul, 2026, 05.29 PM IST