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LEAVES ENCASHMENT
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...
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. ...
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...
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...
Pregnant woman quits job after doctor orders bed rest, but boss demands notice period in office. Husband asks 'Is this legal?'A Reddit post has sparked debate after a man shared that his pregnant wife, expecting twins, resigned from her job on medical advice for co...
'My 40-day salary slip': Bank of Baroda PO reveals first payslip, with allowances & perks fueling viral buzzA Bank of Baroda probationary officer’s viral payslip has sparked fresh interest in bank PO salaries and government banking jobs in India. ...
Can you be forced to work on holidays? New labour law rules explainedBosses often pressure employees to work on off-days for targets, but Indian labour laws protect your right to rest. Employees generally can...
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...
Release remaining 30 pc gratuity, leave encashment of ex-class-IV employees: HP govtThe Himachal Pradesh government has ordered the immediate release of the remaining 30 percent gratuity and leave encashment arrears for Cla...
Worked for 6 months? You’re eligible for earned leave now - plus annual encashment under new Labour Code 2025Employees can now claim earned leave after just 180 days of work, a significant reduction from previous norms. The new labour code also int...