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SALARY REWORK
Delhi HC rules EY US secondment fees taxable in India, MNCs face higher costs for foreign talentMultinational corporations in India face a new tax challenge following a High Court ruling against EY US. The court determined that payment...- Gig workers' incentives cool; YC attendees resell AI creditsHappy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in to...
- 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...
- 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...
- Labour codes push 4 in 5 firms to rework pay, hiringIndia's new labour codes are driving significant changes in employment, with most employers revising salaries and facing higher costs. This...
- EPF interest rate cut will force India's salaried class to rework their retirement mathAn estimated 64 million members of the Employees’ Provident Fund Organisations will be affected by the recommendation of its central board ...
- Top 10 FMCG companies spent over Rs 100 cr in CEO wages in FY21Company leaders including ITC's Sanjiv Puri, Marico’s Saugata Gupta, Britannia’s Varun Berry and Dabur’s Mohit Malhotra saw a rise in their...
- Pressure mounts on BS Yediyurappa to rework govt staff payThe chief minister or the Karnataka Cabinet is yet to take a call on reworking pay and compensation package of its employees in the face of...
- Jet stock flies high, up 3% on revival stepsThe stock traded 1.05 per cent up at Rs 309 around 10.30 am after climbing 3% earlier.
- Interest-free loan from employer taxable: ITATThe Income Tax Appellate Tribunal has said that valuation of taxable benefit or perquisite has to be computed as per prescribed formula und...
- Use variable pay as bigger talent differentiator, advise expertsIn fact, the RPG Group, Lupin, Deloitte and many other companies are already changing the way variable payouts are positioned as an incenti...
- Labour Ministry re-works policy for domestic helps to avoid harassment by agenciesWhile it is not going to be mandatory for domestic workers to register with agencies, employment routed through these agencies will safegua...
- 7th Pay Panel push gives cabinet secretary more pay than PresidentSalaries of the President, Vice-President and governors were last hiked in 2008. Till 2008, the President's salary was Rs 50,000
- EPF may be cut on entire pay package, not just basicThe Centre is trying to reintroduce a proposal, which will result in higher transfer to the provident fund but will reduce your take-home s...
- Encourage workers to switch to National Pension SystemMaking employers pay a larger PF contribution would only result in a repackaging of the salary while keeping the CTC constant, and force au...
- PF set to cover all pay, not just basic payYou may end up saving more with EPFO readying to re-notify a new definition of "compensation" that will include all your allowances.
- GoM for govt meeting salary of Prasar Bharati employeesPrasar Bharati recommended that govt should meet total salary of the employees of the organisation & expenses related to their pay.
- Anil Kakodkar committee stands by earlier recommendation, suggests substantial rise in IIT feesHRD minister Kapil Sibal remained non-committal, and said the final decision would be taken by the IIT Council later.
- Govt to review IIT faculty payWith faculty from across the Indian Institutes of Technology (IIT) calling off lectures and threatening dire consequences like mass resigna...
- GeNext IT grads to get bigger paychecksMost of the IT-related companies have hiked their freshers’ salaries, some by even 30-40%.
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