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PAYROLL DEFINITION
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...
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...
The smart way to survive a surprise HR meeting; here's exactly what to say, and what to never admitA vague HR calendar invite sparked widespread anxiety among employees, with many sharing stories of disciplinary actions, layoffs, or uncom...
New labour code: Can higher gratuity and social security costs under Social Security Code, 2020 be offset by employers by salary restructuring ?The recent notification of the Social Security (Central) Rules, 2026 under the Code on Social Security, 2020 marks a significant shift in I...
Boss blames engineer after office workstation running nonstop for years suddenly fails; company now demands over $5,000 for ‘negligent damage’A Reddit post from an Illinois-based mechanical engineer is drawing attention after he claimed his employer attempted to charge him $5,200 ...
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...
Mphasis Q4 net profit rises 14% to Rs 510 croreMphasis has taken the spotlight with stellar financial results for the fourth quarter of fiscal year 2026, celebrating a solid 14.1 percent...
Cognizant tops estimates even as Q1 net profit dips marginally; eyes layoffsNet profit was $663 million in the same period a year earlier. However, sequentially, net profit gained by 2.1%. Despite the flat profit gr...
Meal card reporting when filing ITR: How to do it correctly and claim tax benefits under both the old and new tax regimesSalaried employees can now claim meal card tax benefits under both old and new tax regimes from Tax Year 2026-27. For AY 2026-27, the benef...
India Inc salary restructuring: How new labour codes and income tax rules will impact take-home pay and retirement savingsSalaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but widespread implementati...
As India's MSME sector matures, IDBI Bank's Sumit Phakka says the lending framework must keep paceIndia's small businesses are now driving economic growth. New government budgets are boosting MSME financing and support. Digital tools are...
US Fed's Austan Goolsbee, Beth Hammack say inflation is flashing 'orange' or worseFederal Reserve officials Beth Hammack and Austan Goolsbee expressed concern over persistent inflation, rating it orange to red. While Hamm...
Employee resigns toxic workplace, finds better job. But still remembers one thing from past company. Techie’s post offers powerful leadership lesson.A software engineer shared a story of a friend's humiliating experience with toxic managers, leading to his resignation despite being offic...
New labour codes to drive wider adoption of fixed-term employment: ReportCompanies anticipate a surge in fixed-term jobs following new labour code implementation. This signals a move towards formal employment. Wh...
New labour codes may reshape MNC payrollsExperts say that companies will have to update transfer pricing benchmarks and documentation, as changes in the cost base could affect the ...
EPFO, NPS data show 2.2 million formal jobs added in 6 monthsEPFO data shows 3.1 million new additions across age groups over the six months to February, of which those in the 18-25 age group amount t...
Payroll job data may also count in smaller entitiesPayroll data is currently collated using information from firms registered under the EPFO and the Employees’ State Insurance Corp (ESIC).
GST data gives a better picture of formal sector employment: Economic SurveyThe formal sector non-agriculture employment is 12.7 crore compared to 7.5 crore assessed on the basis of social security provided by EPFO ...
- US companies rely on temporary workers, longer work hours
The need to boost hours & add provisional staff is a sign that sales are holding up due to deepening slump in Europe and slowdown in China.
- Buzz back on Job St, shows recovery's taking root in US
Employers in the US created more jobs in March than at any time in the past three years, showing the recovery from the worst recession sinc...