Tag: Leave Encashment
Patna HC upholds distinctions in leave- encashment taxation
The validity of disparate tax treatment on leave encashment between bank employees and government employees has been affirmed by the Patna High Court. The...
Rs 25 lakh is now tax exemption limit on leave encashment
There is news for non-government salaried employees retiring on or after 1 April 2023. They will now be able to avail the benefit of...
‘Can’t forfeit dismissed employee’s gratuity unless employer incurs financial loss’: Chhattisgarh...
The bench of Justice Narendra Kumar Vyas at the Chhattisgarh High Court (HC) has ruled that the forfeiture of the gratuity of a dismissed...
Gratuity, leave encashment are components of salary: SC
According to the Supreme Court, gratuity and leave encashment are components of the salary. This ruling went against the argument of the advocate representing...
LTC cash voucher scheme for non-CG staff too
Staff of state governments, state-owned enterprises and private sector will now be able to enjoy the leave travel concession (LTC) cash voucher scheme, which...
Unsure of leave encashment, Air India staff proposes to collectively take...
The employees of Air India, which is all set to get privatised, are afraid that once the airline is taken over by a private...
SEBI employees can encash leaves annually instead of once in two...
The employees must have a minimum leave balance of 180 days post encashment.
Not more than 10 per cent of employees’ pension can be...
If a government employee is facing a criminal case or departmental proceedings at the time of retirement he or she will be entitled to provisional pension, which would include gratuity to the tune of an amount not less than 90 per cent.
How this energy company is championing employee inclusivity & engagement
In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...
Trident’s Asmita leaves blossom into inclusive workplaces
Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
Harness.io: Cultivating a talent powerhouse in the tech crucible
The tech scene, be it in India or San Francisco, is equally crucible, fiercely competitive and unforgiving. In both the landscapes, attracting and retaining...
Engagement is outdated: The future of success lies in ‘employee involvement’
In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Freixenet to cut 80% roles
In a stark response to the relentless drought crippling Catalonia's Penedes region, Freixenet, the Spanish cava (wine) producer, unveils a drastic plan. The company...
Latest
V2 Retail to hire 1500+ employees; eyes market growth
V2 Retail, an Indian retail company, has unveiled an ambitious roadmap for expansion, signalling its intent to recruit over 1500 professionals across various domains....
10% of Brevan Howard Asset Management to be laid off
Brevan Howard Asset Management is all set to reduce its workforce by a 100 people. This is part of a cost-cutting exercise at the...
20 more Googlers terminated for taking undue advantage of ‘open culture’
Close on the heels of warning employees about the repercussions of violating office policies, Google has fired 20 more employees. These terminations are in...
AI Engineering Services staff call off strike planned for today
Thanks to the technicians of AI Engineering Services calling off a strike that they had earlier called for today, that is, 23 April, 2024,...
DIALOGUE
Data analytics and not technology will redefine HR
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A. It has been a bagful of mixed experiences. At times I have been...
EQ, IQ & empathy define the success of a CEO
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“The big change has been that we have moved from jobs to skills,” Amaresh...
Q. How would you define the culture at GE?
A. Having been present in this region since 1902, GE has been around for 120 years....
