Salary hike this appraisal season? New labour codes and tax rules may change your real take-home payAppraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...
18 May, 2026, 11.23 AM IST
8th Pay Commission fitment factor demand: Railway employee body demands multiple fitment factors; minimum pay of Rs 52,600The Indian Railways Technical Supervisors’ Association (IRTSA) has submitted a memorandum to the 8th Pay Commission demanding five distinct...
07 May, 2026, 03.32 PM IST
SaaS firm Capillary Tech posts strong Q4 on enterprise wins, Kognitiv integrationCapillary Technologies saw a strong financial performance with a 26% rise in operating revenue for the March quarter. The company's profit ...
06 May, 2026, 02.52 PM IST
Tax-free allowances rise, so do employer costs: The salary structuring dilemma under the Social Security CodeEnhanced tax-free allowances under the Income-Tax Rules, 2026 can improve employees’ take-home pay. However, the expanded definition of “wa...
06 May, 2026, 07.33 AM IST
Zen Technologies Q4 results: Cons PAT falls 69% YoY to Rs 32 crore; revenue down 45%Zen Technologies saw a significant drop in its March quarter performance. Net profit declined by 69% year-on-year, while revenue from opera...
01 May, 2026, 11.39 PM IST
India Inc salary restructuring: How new labour codes and income tax rules will impact take-home pay and retirement savingsSalaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but widespread implementati...
20 Apr, 2026, 06.30 AM IST
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 ...
18 Apr, 2026, 07.01 AM IST
Meal vouchers at Rs 200 per meal: Who gets income tax benefit and how the ‘working hours’ rule appliesThe increase in the tax-exempt limit for employer-provided meals to ₹200 per meal under Rule 15 of the Income-Tax Rules, 2026 marks a signi...
18 Apr, 2026, 07.01 AM IST
Are tips tax-free now in the US? IRS announces deduction for tip workers - but there’s a catch; Eligibility rules and deduction limits explainedThe 'no tax on tips' rule made headlines across the US, raising hopes among service workers of major tax relief. But the policy is not as s...
16 Apr, 2026, 12.27 PM IST
IRS no tax on tips 2026: Can you really deduct up to $25,000, who qualifies, and how much tax can you save?IRS no tax on tips 2026 is trending fast. Up to $25,000 deduction is now possible. That is real money saved. This rule applies to tax years...
15 Apr, 2026, 01.11 AM IST
Gratuity may rise under New Labour Code, but your income tax bill could tooThe Code on Social Security, 2020 expands the wage base for gratuity, potentially increasing payouts, but tax rules under the Income-tax Ac...
13 Apr, 2026, 02.36 PM IST
Retired govt employee claims Rs 20 lakh gratuity tax exemption; I-T Dept imposes Rs 2.2 lakh penalty; ITAT Cochin rules in her favourA retired state employee successfully challenged a Rs 2.2 lakh penalty imposed for claiming a higher gratuity tax exemption. The Income Tax...
31 Oct, 2025, 07.59 AM IST
Government employees can get gratuity up to Rs 25 lakh: What is tax-exempt gratuity for private sector, government employees?Tax-free gratuity limit for employees: The government has hiked the maximum amount of gratuity that a government employee can receive to Rs...
14 Jan, 2025, 05.33 PM IST
Tax queries: Can you claim tax refund on TDS deducted by employer on gratuity?Dilip Lakhani Senior Chartered Accountant, answers queries from our readers on income tax and other levies.
20 Mar, 2019, 11.13 AM IST
Doubling tax-free gratuity limit to Rs 20 lakh to benefit PSU, pvt sector employees: Finance MinisterFinance Minister Arun Jaitley said Tuesday the decision to double tax-free gratuity limit to Rs 20 lakh will benefit public and private sec...
05 Mar, 2019, 04.11 PM IST
How to calculate taxable portion of gratuityCurrently, maximum tax-exempt gratuity is Rs 10 lakh. The government has tabled the Payment of Gratuity (Amendment) Bill, 2017 to raise the...
20 Dec, 2017, 10.25 AM IST
Is it time to discard 'minimum five years of service' gratuity rule?As per CTC rules, gratuity is a part of your salary. That means an employee, who leaves before completing 5 years, is forced to give up a p...
09 Mar, 2017, 01.47 PM IST