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FULL LEAVE ENCASHMENT
Rs 5000 monthly starting salary, Rs 70 lakh savings: Bengaluru employee shares the strategy he used for wealth creationA Bengaluru-based tech professional has gone viral after sharing his 12-year career journey on Reddit, revealing how he grew from earning R...
Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...
American Express vs Indian Company: Viral post highlights stark gap in work culture, FNF settlements and gratuity practicesA viral X post contrasted a smooth exit from a global firm with a friend's difficult experience at an Indian employer, sparking debate on s...
8th Pay Commission latest news: Railway pensioners' body demands one rank one pension, inflation-linked pension revisionRetired railway employees are urging the 8th Pay Commission to implement one rank one pension. They also demand a revision of basic pay and...
Leave encashment tax rules for AY 2026-27: How much exemption salaried employees can claimITR Filing 2026-27: Salaried employees can claim tax exemption on leave encashment at retirement. While government employees enjoy full exe...
8th Pay Commission: Why these 62,000 defence civilian employees want to retain their central government employee statusOver 62,000 defence civilian employees are hopeful of retaining their central government employee status following a cabinet secretary's as...
New Labour Code: Are 2-day full & final settlement and leave encashment rules already in force?
Minimum 2% annual salary increment for these employees as per Rule 185 of Central Government’s new labour code rules; Know the detailsNew labour codes from the Central Government introduce a mandatory 2% annual salary increment for regular contractual workers. This rule ap...
Rules for faster full and final settlement, annual leave encashment & other provisions are already effective under new labour code even without state government notification, know what it meansNew labour code provisions are now effective across India from November 21, 2025. Employee benefits like faster full and final payments and...
Sanjeev Sanyal calls for Transparency of Rules Act to empower citizens, businessesSanjeev Sanyal has pitched for a Transparency of Rules Act that would create a unified digital portal for all government rules and regulati...
Your in-hand salary may not change under the new labour code yet, know whySalaried employees are yet to see benefits from the new labour codes due to delayed state-level implementation. While some aspects like ESI...
Tata Motors rolls out VRS after union push; around 300 employees opt inTata Motors recently offered a voluntary retirement scheme to its employees. This initiative was a response to demands from worker unions. ...
Himachal govt defers 30% salary of top officials for six monthsHimachal Pradesh government has deferred a portion of salaries for officers and employees for six months, starting May 2026, to manage fina...
8th Pay Commission demands for pensioners: One rank one pension, gratuity up to Rs 75 lakh; 10 things key employee body has demandedCentral government pensioners' rights are a key focus in the NC-JCM's 51-page memorandum for the 8th Pay Commission. Demands include a same...
Got salary arrears after resigning? Use Form 39 to avoid higher tax in 2026–27Resigning from a job in FY 2025-26 and receiving salary arrears in FY 2026-27 can lead to a higher tax liability. To avoid this, taxpayers ...
Laid off by Oracle? Here’s how to calculate your severance pay and legal entitlementsIn India, many employees who laid-off by their respective companies remain unaware of their legal rights. The article clarifies notice peri...
Oracle layoffs 2026 severance package: How much will the US tech firm pay to laid off workers in India and US as compensation?Oracle has initiated significant job cuts, impacting 30,000 employees worldwide. India sees 12,000 roles terminated. Severance packages are...
Air India to revise privilege leaves policy for staff from April 1An official close to the development said that under the revised policy, an employee can accumulate up to 60 days of PLs at the end of a fi...
How central government employees can avail benefit under LTC cash voucher schemeHere is a look at the details of how central government employees can avail the LTC cash voucher scheme as per an office memorandum issued ...
Government to give cash vouchers to staff in lieu of LTC this year: Finance MinisterFinance Minister Nirmala Sitharaman said the employees could buy items that attract 12 per cent or more goods and services tax (GST). These...