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LIABILITY IN UNPAID WORK
SC's ₹30,000 homemaker benchmark may lift accident compensation payoutsA Supreme Court ruling has assigned a notional monthly value of ₹30,000 to unpaid household work. This decision is expected to significantl...- The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
- Six companies, six tricks in Indian balance sheets, and how investors get taken for a rideWhenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...
- Running late on taxes? How to apply for an IRS extension before time runs outMany people may miss the tax deadline, but they can still ask for extra time. The Internal Revenue Service allows a simple process to delay...
- SEBI seeks CBDT clarity on tax role of authorised representatives of FPIsIndia's market regulator Sebi seeks clarity from the tax department on the duties of authorised representatives for foreign investors. Fund...
- 2026 USPS postmark rule change: why IRS tax returns mailed April 15 may be late, penalties triggered, and safe filing steps explainedUSPS postmark rules 2026 are creating real tax filing risks this year. Over 160 million Americans file taxes annually, and many still rely ...
- Paramount President Jeff Shell ousted again as fresh scandal rocks career in 3 yearsJeff Shell left Paramount Skydance after a new lawsuit created controversy. The case involves claims about unpaid work, leaked business det...
- Tax deadline 2026: Are you ready for April 15? When to file, how to extend, and what happens if you miss itTax deadlines 2026 are here. April 15 is final. Missing it can cost up to 25% in penalties. Millions must file before Tax Day 2026 or reque...
- Missed home loan EMIs? Law gives you 105 days before bank can start auction of your houseHomeowners get a 105-day window before banks can auction their property for missed EMIs. This period follows the SARFAESI Act and RBI rules...
- Reddit user reveals how uncle with Parkinson’s was pressurised into unpaid labour: ‘Boss made him come….’A vulnerable family member faced exploitation at his workplace. Management reportedly made him work hours before his shift without pay. Thi...
- Employee refuses unpaid office work at home, gets formal warning from boss. 'Supposed to be doing homework'A retail employee received a formal warning after refusing to complete training on a new point-of-sale system at home, highlighting ongoing...
- Delhi: Will hand over 15,000 Unitech flats in 4 years, SC toldThe new management told SC that it was not advisable to wind up the company by selling its assets as the home-buyers, creditors and all sta...
- No substantial relief visible for telecom sector in Budget: COAI"From what we have seen so far, there appears to be no substantial relief for the telecom sector. Of course, we are waiting to see the deta...
- CoS meets to discuss bailout package for telcos; DoT working on demand noticesSources said the DoT is working out the exact liability that Bharti Airtel, Vodafone Idea Ltd, and other telecom operators owe to the gover...
- Cox & Kings defaults on repaying maturing CPOn Wednesday, Brickwork Ratings downgraded the rating of the company’s NCDs of Rs 50 crore.
- Immunity sought for people hired by IL&FS boardThe IL&FS spokesperson declined to comment on the story till press time on Sunday.
- Shortage of funds hits infrastructure development of Rafale defence airbaseMES (BAI) has its duesBuilder Association of India lying unpaid for the last three years by the government.
- State highways repairs and maintenance norms outdated: CAGIn a report, the Comptroller and Auditor General (CAG) said repairs and maintenance works were split into many parts and awarded to single ...
- Air India's unpaid bills likely to raise its debt figure"While there is clarity on Air India's borrowings from financial institutions, its unpaid fuel bills and airport charges are likely to rais...
- Kingfisher crisis: Vijay Mallya's personal staff fear loss of personal Airbus Corporate Jet (VT-VJM)Will the Airports Authority of India (AAI) impound Kingfisher Airlines promoter Vijay Mallya's personal Airbus Corporate Jet (VT-VJM) if he...
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