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EMPLOYER VRS SCHEME
Is severance pay received under a VRS taxable for all employees? Know what the Income Tax law saysSeverance pay received under a voluntary retirement scheme is not always taxable for all employees; Know why and what the tax law says26 Aug, 2026, 10.56 AM IST- ET Prime Special Series: Multibagger or IBC - Part 72: Its profit finally came from the factory. The question is about durabilityThe largest single liability on this automobile supplier's balance sheet is not a bank loan. It is a lease, tied to an entity controlled by...24 Aug, 2026, 11.48 AM IST
- 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...18 Jul, 2022, 11.42 PM IST
- Auto, manufacturing firms roll out VRS to streamline operations amid Covid-19Labour and employment lawyers said there has been an increase in VRS offers being rolled out by companies in the last few months after the ...07 Dec, 2020, 10.04 AM IST
- 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...06 Sep, 2020, 06.52 PM IST
- Nokia paid Rs 250 crore compensation under VRS to 5,600 employeesFinland-based Nokia has paid about Rs 250 crore as compensation to employees of its Chennai manufacturing facility, who opted for the volun...25 Jul, 2014, 06.53 PM IST
- 5,000 employees opt for Voluntary Retirement Scheme at Nokia Chennai factoryNokia India Employees Union sources said employees who had opted for the scheme, which entitles a benefit of around Rs 2L, did so out of fe...15 May, 2014, 12.25 AM IST
- 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...15 Apr, 2014, 09.12 PM IST
- 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 ...15 Apr, 2014, 04.41 PM IST
- CIL offers VRS for non-technical women workersAlmost all of CIL’s 26,000 female employees have been appointed on compassionate ground and are employed on non-technical work.19 Mar, 2014, 05.28 AM IST
- Employees can't claim VRS benefit as matter of right: Supreme CourtNo employee, as a matter of right, can seek the benefits of voluntary retirement scheme.04 Jul, 2013, 06.04 PM IST
- No voluntary retirement can be allowed in absence of VRS: CATThe Central Administrative Tribunal (CAT) has held that a government employee cannot be granted voluntary retirement unless a scheme exists...24 Jun, 2009, 06.15 PM IST
- Employee has no automatic right for availing VRS: SCA government employee cannot derive an automatic right for availing a voluntary retirement scheme (VRS) merely because he was initially giv...27 Apr, 2008, 10.48 AM IST
- VRS is not a dirty word anymoreThe corporate scene in India today is completely different from what it was a decade or so ago.11 Dec, 2006, 04.10 AM IST
- More pains than gains in bonanza for VRS takersHere's some bad news for those who were celebrating that VRS takers above 55 will be eligible for the senior citizen scheme.11 Aug, 2004, 02.06 AM IST
- 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 ...22 May, 2003, 06.34 AM IST
- Joshi set to clear proposed Maruti Udyog divestmentHeavy Industry Minister Manohar Joshi may clear the proposed Maruti privatisation plan agreed by Suzuki and the Disinvestment Ministry. Jos...05 May, 2002, 11.01 PM IST
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