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SALARY REDUCTION IMPACT
Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...- RBI holds repo rate, but for how long will relief for home loan borrowers continue?The RBI’s decision to keep the repo rate unchanged at 5.25% has provided relief to home loan borrowers, but rising inflation could trigger ...
- 8th Pay Commission latest news: J&K employee bodies seek fitment factor of 2.86–3.68, Rs 51,480 minimum basic payEmployee bodies from Jammu & Kashmir have urged the 8th Pay Commission to adopt a fitment factor between 2.86 and 3.68, which could raise t...
- Trump federal employee layoffs: Why are hundreds of fired government workers still unemployed one year after mass probationary firings?More than 300 fired federal employees across 43 states say the 2025 Trump administration layoffs still haunt their lives. Many remain unemp...
- OnePlus, Xiaomi among firms trimming marketing and sales roles in India amid cost pressureSmartphone companies are reducing staff in marketing and sales. Rising costs and slower sales are pushing brands to cut expenses and focus ...
- 18 days. That's all it takes for a Samsung strike to crash the global AI chip market, and the whole world is holding its breathSamsung strike to crash the global AI chip market: The Samsung strike threatens global AI chip supply chains as 45,000 workers plan an 18-d...
- Zero income tax on Rs 15 lakh CTC? Here’s how these allowances and perks can cut your tax under new tax regimeSalaried individuals can significantly reduce their tax liability under the new tax regime by strategically utilizing allowances and perqui...
- 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...
- Bengaluru techie, who left Rs 52 LPA job for Rs 22 LPA job, gained a lot despite lower salary: ‘Some pay cuts are….’A software professional left a Rs 52 lakh Bengaluru job for a Rs 22 lakh role in a smaller city, prioritizing work-life balance. Despite a ...
- Cloudflare employee takes his layoff with positivity. His only worry is his 3 puppies, not himself or next jobAs the AI boom reshapes the tech industry, Cloudflare laid off over 1,100 employees, citing a strategic shift towards the "agentic AI era."...
- Grocery delivery startup Apna Mart culls 10% of staff, moves base to GurugramApna Mart, an online grocery service, has reduced its workforce by 10%. This move is a result of integrating artificial intelligence into o...
- Can you get another loan if you’re already paying EMIs? Here’s the answerYour salary is just the start for loan approval. Lenders scrutinize your income after deducting all current EMIs. This remaining amount, me...
- War, oil price hikes, and risks: Time to still be contrarian? 5 small-caps from different sectors with upside potential of up to 25%Small-cap investing is not just about finding stocks that can rise faster than the market, which is the assumption with which most investor...
- Confidant Claude: Anthropic says 6% of users turn to its AI chatbot for personal adviceAI firm Anthropic studied user interactions with its chatbot Claude. About six percent of users sought personal guidance. Health, career, r...
- IDFC First Bank deposit growth returning to 20%, credit costs falling, no West Asia impact yet: V VaidyanathanIDFC First Bank's CEO V Vaidyanathan stated that the deliberate slowdown in deposit growth during Q4 was temporary and already reversing, w...
- Will I get fired? Ankur Warikoo shares 3 warning signs and 5 ways to prepare for job lossEntrepreneur Ankur Warikoo highlights three key signs employees should watch for regarding potential job loss. These include work becoming ...
- Are high performers safe from layoffs? Expert reveals four reasons why performance ‘isn’t protection’Excelling at work no longer guarantees job security as organizational shifts and cost factors often outweigh individual performance. Leader...
- UAE slows down from Gulf war stress; raises remittance concerns for India amid layoffs, pay cutsThe United Arab Emirates economy faces early stress as the Gulf war continues. Sectors like hospitality, travel, and food & beverage are se...
- Likely job cuts, salary reductions to have relatively low impact on SBI: ChairmanIn a letter to the bank's shareholders, Kumar exuded confidence that despite economic headwinds, the robust performance achieved by the cou...
- Coronavirus impact: Disney's top executives to take 20-50% pay cut, media's highest-earning boss Bob Iger to forgo salaryDisney CEO Bob Chapek will take a 50% salary cut.
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