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EX GRATIA COMPENSATION
Retiring early? Know how much tax exemption can employees claim for VRSYou can claim full tax exemption on VRS if the scheme was launched under special framework; Know how it works for employees claiming VRS.- Rs 21 crore awarded to families of 2 HUL managers killed in 2018 Mumbai-Goa highway accidentA Motor Accident Claims Tribunal awarded twenty-one crore rupees to two families. This compensation was for two Hindustan Unilever managers...
- 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 says
- Ten dead, three injured after four-storey building collapses in Maharashtra's BhiwandiA four-storey building collapsed in Bhiwandi late Thursday night. At least ten people died and three others sustained injuries in the incid...
- 16 Indians, including 10 seafarers, killed in Middle East conflict: GovtSixteen Indian nationals, including ten seafarers, have died in the Middle East conflict this year. Seventy-five Indians sustained injuries...
- Nagaland landslide kills two siblings, injures mother after heavy rainTwo brothers died in a landslide in Nagaland's Mokokchung town after heavy rains. Assam's flood death toll has now reached seventy-five peo...
- Rajnath Singh unveils landmark policy reforms for ICG personnel and their familiesDefence Minister Rajnath Singh on Tuesday unveiled two significant policy reforms for the Indian Coast Guard (ICG) aimed at promoting gende...
- Relief distribution underway in Palghar for flood victims; Rs 32 lakh disbursed to kin of deceasedAccording to an official release, surveys were conducted, disaster management, agriculture, animal husbandry, public works, and electricity...
- Sikkim tunnel collapse: Rescue teams retrieve bodies of all 25 workersAll 25 workers' bodies were retrieved from a Sikkim hydropower tunnel collapse. The tunnel collapsed Monday following an explosion suspecte...
- Sikkim tunnel blast tragedy: NHPC announces Rs 5 lakh compensation to family of each deceasedNHPC announced Rs 5 lakh compensation for each deceased worker in a Sikkim tunnel blast. The explosion at the Teesta Stage-VI hydro power p...
- Sikkim tunnel collapse: Rescuers resume operation to recover remaining bodiesRescue operations have resumed at the NHPC Teesta Stage VI Hydropower Project's tunnel following a pause caused by mud and water buildup. A...
- Sikkim tunnel collapse: 20 workers dead, efforts on to rescue five trappedA tunnel collapse in Sikkim's Namchi district killed at least twenty workers. Five others remained trapped for over twenty-four hours after...
- NHPC says efforts under way to evacuate personnel trapped in under-construction tunnel in Sikkim projectA disastrous tunnel collapse at Sikkim's Teesta Stage-VI project trapped 25 workers, with initial reports indicating a methane gas explosio...
- 11 killed in Jammu and Kashmir rain fury; search on for 7 missing in Poonch, RajouriSeven people died when a landslide struck a mud house in Poonch district. Torrential rains have battered the region since Saturday evening....
- 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...
- SBI rejects Rs 9.48 lakh VRS claim after employee dies a month before cut-off date; HC orders payment to family for this reasonSBI denied Rs 9.48 Lakh VRS benefits as employee died a month before VRS retirement cut-off date; Telangana HC grants relief to family and ...
- Wayanad landslide: Ensure ex-gratia to deceased, injured disbursed on time, says Kerala HCThe Kerala High Court ordered timely ex-gratia payments for Wayanad landslide victims. It also directed the swift handover of deceased indi...
- School Assembly News Headline for July 8: Read the top national, international, sports and business eventsSchool assembly news headline July 8: Delhi court defers Ankit Sharma murder verdict while Ayodhya court grants police remand. Gujarat anno...
- ‘How can court regulate CM's visit?’ : Supreme Court asks DMK as it dismisses plea against Vijay's Karur stampede victims visitThe Supreme Court has expressed skepticism about the DMK's appeal to impose restrictions on the Chief Minister's engagements. This request ...
- Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this groundA senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...
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