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GROUP GRATUITY
Temporary employees can get pension even without formal regularisation if eligible, rules the Supreme CourtIn a significant ruling, the Supreme Court has declared that temporary-status employees, even without formal regularization, are entitled t...- 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...
- 'Our fight is for survival': Delhi Gymkhana Club management assures staff jobs are safeDelhi Gymkhana Club employees received assurances their jobs are secure. The club management stated it will not close immediately. This com...
- 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...
- ‘Water is also a drink’: Waitress mocked customer asking for water at NYC diner, vanished during service, then pushed for preset tip; customer’s final comment left her speechlessA Reddit post about a tense tipping experience at a NYC diner has gone viral after a customer claimed a waitress mocked their water order, ...
- 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. ...
- 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...
- 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...
- 8th Pay Commission for central government teachers: Rs 50,000 minimum pay for Level 1 employee, up to 3.83 fitment factor; what employee body wants from 8th CPCThe employee body representing central government teachers from Union Territories is seeking significant pay hikes in their salaries in the...
- 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...
- 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...
- The wage math: PF contributions may go up, dent take-home pay under new labour codeThe new Code on Wages mandates basic salary to be at least 50% of total CTC, increasing provident fund and gratuity contributions. While th...
- New group insurance norms set to promote fair practicesThe Insurance Regulatory and Development Authority has said that group insurance schemes should show collection of premium, issue of certif...
- Insurers’ promise of higher returns could backfireStung by sluggish growth, life insurers from Reliance Life to Aviva are assuring returns far higher than market average.
- Shriram Life eyes Rs 500 cr from group insurance business in 3 yearsShriram Life is eyeing Rs 500-crore business from group insurance in the next three years, a top company executive said.
- Companies sweeten retirement sops for Gen Y staffWhile most companies stick to the legal limits prescribed under DBP schemes, companies such as Mahindra & Mahindra and IDFC have gone beyon...
- Group insurance premium up 42%The life insurance industry has something to cheer about: the collection of group insurance premium grew 41.96% during April-January 2008-0...
- SAIL plans to buy Rs 500-cr gratuity policy from LICThe turnaround in the steel industry has proven to be a bonanza for Life Insurance Corporation. Anticipating record profits this year, the ...
- Share of group life insurance upLIC has seen its marketshare for group life insurance rise to 84% in November from 78%.
- LIC unveils new gratuity plan, with lower feesLife Insurance Corporation’s (LIC) entry into group unit-linked business is likely to bring down management charges for retirement funds.
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