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GRATUITY PAYMENT TO EMPLOYEE
Teacher denied gratuity for retiring at 62 instead of 60; Allahabad HC orders payment with 6% interest, here's whyA teacher was approved for working till 62 years age however, she was denied gratuity payment on the ground that the retirement age was 60 ...
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...
Moving from UAE to India? 6-step financial homecoming guidebook to manage tax residency, bank accounts, Dubai property, and gratuityTax residency, bank accounts, Dubai property and gratuity all need sorting before and after you fly home.
Delhi HC directs police to decide on bank unions' protest site ahead of Sept 28-30 strikeIn a significant ruling, the Delhi High Court mandated police to locate a new site for the protest organized by bank employees, due by Sept...
EPF wage ceiling at Rs 25,000: What it means for employees, employers and take-home payThe Union Cabinet approved raising the EPF wage ceiling to Rs 25,000. This change impacts mandatory PF contributions for employers and empl...
‘He kept the change’: Waiter keeps customer’s change instead of returning it, calls it a tip; manager supports himA social media post alleging that a waiter kept Rs 80 in change as a tip without asking the customer has sparked debate over tipping cultur...
100% family pension and NPS-related benefits: Know who is eligible to get extraordinary pension benefits in RailwaysThe railway employees' new pension guidelines have been announced, slated for implementation in 2026. These provisions classify both death ...
Notice period buyout: Can your employer say no? Know what employees can do under new labour codeEmployers aren't legally required to accept your offer to pay for your notice period. If your boss refuses, you might have to work it out. ...
The cookie jar: Rs. 403 crore of expected losses simply disappeared, and turned into profit. Nobody had earned a rupeeA provision is simply management's estimate of a future cost the company can already see coming: Repairs under warranty, a lawsuit it might...
SC directs Assam not to appoint teachers in schools, colleges under provincialisation schemeIn a significant ruling, the Supreme Court has instructed Assam to halt teacher appointments under the provincialisation scheme due to conc...
Widow gets husband’s provident fund and gratuity but loses family pension due to a paperwork mistakeWidow got husband’s provident fund and gratuity but no family pension due to this fatal paperwork mistake; Delhi HC order explained.
8th Pay Commission for pensioners: DoPT backs pension revision for past pensioners; has this happened before?8th Pay Commission news: The Department of Personnel and Training is advocating for revisions to the Terms of Reference for the 8th Pay Com...
Widow loses family pension after 7 years: Government notification issued in 2005 can’t be applied retrospectively, rules Patna High CourtGovt employee died in a naxalite bomb blast in 2003. His widow received an ex gratia payment and a seven-year family pension. She sought an...
Guest and temporary teachers: How to build financial security with job uncertaintyThough the integration of temporary faculty reduces the teaching burden for the university’s permanent staff, the former often get the shor...
New labour code impact: Rs 8k less take home pay likely for employee with Rs 15 lakh CTC; check the impact on CTCs of Rs 10 lakh, Rs 25 lakh and Rs 50 lakhNew labour codes mandate higher provident fund contributions for employees. This change reduces monthly take-home pay for many salaried ind...
8th Pay Commission news: Have Pay Commission terms of reference been amended in the past?8th Pay Commission latest news: Pensioners are advocating for alterations to the terms of reference set by the 8th Pay Commission. They pro...
Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exemptRetirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It...
Gratuity tax deduction denied due to ITR filing error? ITAT Chennai says genuine claims can't be rejectedDue to incorrect schedule in original ITR gratuity tax deduction under Section 43B denied; ITAT Chennai gives relief and says a genuine ded...
'No proposal to change or replace Unified Pension Scheme,' says Finance Minister Sitharaman in Lok SabhaFinance Minister Nirmala Sitharaman confirmed no changes are planned for the Unified Pension Scheme. This scheme offers assured monthly pay...
Bank withholds retired employee’s gratuity for someone else’s loan default; she wins in Odisha High CourtA bank employee's gratuity was wrongly withheld after she acted as a guarantor of someone else's loan and that person defaulted on the loan...