Page 5 - Salary

Telangana govt to pay 50% salary to staff for third consecutive month

The government noted that the relaxations extended to sectors like the transport and the stamps and registrations from the lockdown restrictions had not made any substantial difference

IDFC First Bank seniors to forgo 65% of bonus amid Covid-19 crisis

V Vaidyanathan, managing director and chief executive, will take 30 per cent cut in his compensation, including fixed compensation as well as all allowances.

Re-evaluate the tax regime you've chosen if your salary has changed

For different income levels, there are different break-even deduction points. If you can avail of higher deductions than that, stick to the old regime

Covid-19 crisis: Indiabulls sacks over 2,000 employees to control expenses

The attrition is in line with the process we follow every year, says company

Pune-based firm KPIT Tech gets Labour Dept notice over pay cuts up to 50%

Order asks company to follow Maharashtra directives and refrain from pay cuts or layoffs, or face strict action

Covid-19 lockdown: 70% listed firms may dip into reserves for April pay

This will make it tough for many of them to service their fixed costs, such salary and wages, as well as interest on their loan.

After HC stay order, Kerala govt brings out ordinance to enforce salary cut

The court on Tuesday pointed out that salary is an employee's right and they have no clue of how the government will use this donated money.

Coronavirus impact: TCS not to retrench employees, freezes salary hikes

The company reported a healthy profit jump for the March quarter, but hinted at very difficult time in the first two quarters of the current fiscal due to COVID-19 crisis, including a revenue contract

How to deduct TDS against salary under new rules from April? CBDT clarifies

The circular also addresses the confusion that there cannot be a change in option by the employee during the year, coming as a relief for employers

Govt unlikely to grant any package for industry to pay workers' salaries

"The government lacks the fiscal space. It will not be feasible to give grants to the industry to take care of its wage bills," sources said.

The job protection diktat

Govt must pay for a part of the wage cost

Cash-starved small businesses defer wages amid coronavirus lockdown

India's nationwide lockdown, set to end April 14, has left millions of migrant workers stranded without any other source of income

Rajasthan govt excludes paramedical, nursing staff from salary cut

The other states have not made any such distinction, which would mean that health sector employees will also be covered in the wage cuts

Ensure enough cash to meet cash demand post salary transfers: Govt to banks

Banks are expecting a huge number of footfalls due to expected disbursement in Jan Dhan accounts, women beneficiaries, pension accounts and PM Kisan beneficiaries, among others

Indian IT firms unlikely to lay off employees amid coronavirus lockdown

With high employee utilisation level and low bench strength, Indian IT companies are in a better position to absorb the adverse impact on cost for now

Covid-19 crisis: Imposing a financial emergency can be useful

The key issue in a financial emergency is the provision for govt employees' salary cut

Don't shy away from money matters: Here's expert guide for women

Invest aggressively to deal with the challenges posed by a longer average life span and an often-curtailed work span

BSNL, MTNL users put on hold as voluntary retirement scheme hits service

Landlines down for four to six weeks is commonplace in Mumbai now, and so is the grievance about erratic broadband connection in the city

Delay in relief package: BSNL unions call for hunger strike on Monday

In October 2019, the central government approved a Rs 68,751-crore revival package for loss-making BSNL and MTNL

Slowdown effect? Salary increase in 2020 may be lowest in a decade at 9.1%

However, 39% of companies still plan to offer increases of 10% or more: Aon survey