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EMPLOYER BENEFITS
Global Market: Wall Street in focus as US jobless claims ease amid Fed rate uncertaintyUS jobless claims fell to 197,000 last week, below expectations, signalling low layoffs despite sluggish hiring. The data keep the Federal ...
GST reforms 2026: Employers get ITC on employee health, life insurance premiumsThe GST Council has recommended allowing employers to claim input tax credit on GST paid for health and life insurance policies taken for e...
US jobless claims hover near 57-year low for fourth consecutive weekIn a recent report, weekly unemployment claims saw a slight drop of 2,000, totaling 197,000, which suggests some stability within the job m...
US weekly jobless claims fall as layoffs remain lowClaims have held near 57-year lows for four straight weeks, consistent with what economists said remained a "low-hire, low-fire" labor mark...
Bengaluru needs more buses, walkable streets and formalised last-mile transport: Mobility SymposiumAt the recent Mobility Symposium held in Bengaluru, officials called for a boost in public transport systems, mainly focusing on bus servic...
Bengaluru techie earning Rs 90 lakh gets a nearly Rs 3 crore offer from US, estimates Rs 70 lakh savings per year, still confused seeks adviceA 36-year-old tech professional’s possible move to the US has sparked a debate over whether higher nominal pay would translate into a bette...
Trump administration proposes a $70,000 fee for international students to work in the USThe US Department of Homeland Security has proposed significant fees for foreign students participating in the OPT program. Schools would p...
Social Security 2027 COLA: October 14 decision nears as inflation data points to a 3.6% increase, but what could it actually mean for your monthly check?Social Security 2027 COLA date: The Oct. 14 announcement will settle the 2027 Social Security COLA. Current estimates point to roughly 3.4%...
Grandmother seeks maintenance and share in family pension from granddaughter and daughter-in-law; loses case in Kerala HCIn a recent incident in Kerala, a grandmother filed court case asking for a share of her late son's family pension AND Rs 15,000 maintenanc...
Skip the raise? Some employers are boosting health benefits instead to save on payroll taxes in 2026, and workers are taking notice nowPayroll taxes make wage increases expensive for small businesses. To cut tax overhead in 2026, many employers are expanding health coverage...
Business owners, check this now: Group health premiums are fully deductible in 2026, and many owners still overlook these savings todayBusiness owners reviewing 2026 taxes shouldn't overlook employee health benefits. Group health insurance premiums are fully deductible, whi...
Social Security October update: 4 major changes coming soon that could affect your 2027 benefitsSocial Security October update: Social Security’s October update is expected to reveal four key changes for 2027, including the cost-of-liv...
EPS pension eligibility: Is EPS membership mandatory for you if your wages are Rs 25,000+? Check statusThe government has raised the wage limit for the Employees' Provident Fund from Rs 15,000 to Rs 25,000 monthly. This adjustment mandates th...
EPF wage ceiling hike: How it impacts employee & employer's contributions to EPF, EPS and take-home payWhile the higher ceiling does have an impact on immediate net cash take-home of the employee due to increased contribution, it will certain...
Higher EPF wage ceiling expands social security for millions; but EPS legacy issues need to be fixedThe recent adjustment to the Employees' Provident Fund wage ceiling significantly widens eligibility for benefits, raising the contribution...
EPS pension benefit: Basic salary up to Rs 25,000 but no employer EPS contribution? Here’s where to complainEmployees participating in the Employees’ Pension Scheme (EPS) should verify that their employers are making necessary contributions. Shoul...
Self-employed? An S-Corp election could slash your self-employment taxes in 2026, and here's what smart business owners are doing todayFor self-employed owners, the biggest 2026 tax decision may not be another deduction. It could be how the business is structured. An S-Corp...