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LEAVE ENCASHMENT TAX RULES FOR EMPLOYEES
Employee returns from 10-day vacation, boss asks him to take an extra day off to settle in, internet reactsA Reddit post shows a manager extending an employee's break by an extra day after a 10-day vacation. The employee, accustomed to strict wor...- Employee shocked after discovering salary cut for every leave day despite annual leave entitlementA Kochi-based manager is raising concerns after their employer deducts salary for approved annual leave, a policy not disclosed during hiri...
- I started packing up at 4:58 PM every day after my boss denied my raise; he owns my hours, not a minute moreA viral TikTok video captured an employee leaving precisely at 4:58 PM after being denied a raise, resonating with millions of workers feel...
- 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...
- Employee asks for paternity leave; manager calls him an ‘idiot’. What happens next changes the tone completelyA tense workplace discussion about a six-month paternity leave request unexpectedly evolved into a profound reflection on family and regret...
- Paying tax won't legitimise cash stashesThe taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...
- Employee asks for 6 months of paternity leave to support wife; boss dismisses it as a joke until one remark changes his mindA workplace conversation about paternity leave has resonated widely online after a manager's unexpected response shifted the focus from sta...
- Retiring in 2026? Check how much tax-free leave encashment you can claim before filing ITR
- Withdrawn your entire EPF balance after a job switch? You may still need to transfer service history to protect your pension under EPS 95Many salaried employees forget to transfer their Employees' Pension Scheme EPS service history when switching jobs. This is crucial even if...
- Why are newspapers so big? Industrialist Harsh Goenka shares a surprising 300-year-old secret you may not knowA British tax law from over 300 years ago shaped the large size of newspapers. Publishers printed on bigger sheets to pay less tax. Even af...
- ‘I do not think the problem is the dress code’: Top-performing employee gets suspended for wearing jeans to work. 2 weeks later, manager asks him to return urgentlyAs per an X-post by career coach Simon Ingari, the company suspended a high-performing employee named Alex for wearing jeans to work, which...
- Even casual employee can claim pension: SC says pension is a right, not favourThe Supreme Court ruled that government employees cannot be denied pension for decades of service due to a lack of formal regularization. I...
- Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...
- Worked in the US, UK or Canada? Form 40 can help Indians defer income tax liability on foreign pension accountsIndian residents with foreign pension accounts like 401(k) from working in the US, UK, or Canada can now defer India tax liability. By fili...
- Employee’s approved PTO revoked after coworker resigns sparks workplace fairness debateAn employee requested four days of PTO to handle a family issue, and the leave was approved in writing by their manager. However, the situa...
- Indian workers take less leave than APAC peers, says ReportIndian employees are taking fewer annual leaves than their Asia-Pacific counterparts. Despite having generous leave entitlements, workers i...
- 'You said no coffee': My boss fired me for following her own rule, then begged me to stayA receptionist in Australia was fired for refusing to make coffee for salespeople, a task explicitly forbidden by new company policy. Her s...
- 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...
- US death tax trap: Uncle Sam's wealth puzzle leaves rich Indians worried for their kidsRich Indian families are racing to shield booming US stock portfolios from America’s 40% inheritance tax, but face complex FEMA and LRS hur...
- 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...
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