For resignations, the terms governing notice periods and buyouts are primarily determined by the employment contract. Serving your full notice period can be tricky after resignation, especially if you wish to join the next place of your employment at the earliest.In companies where notice periods can run for several months, moving to a new job…
Net direct tax collections up 23% NEW DELHI: Direct tax collections grew 15.2% to Rs 14.3 lakh crore in the current financial year up to Sept 17, driven by a faster growth in the corporation tax mop-up.Latest data released by the income tax authorities pointed to a mild pick-up in advance tax payments, whose second…
Noel voted against Chandrasekaran’s reappointment MUMBAI: The largest shareholder in Tata Sons, Sir Dorabji Tata Trust (SDTT), is weighing legal options including a possible plea before the Mumbai bench of the National Company Law Tribunal, to challenge N Chandrasekaran’s reappointment as chairman for five years, according to people familiar with the matter.The development follows Tata…
The extension keeps the restriction in place until September 21, 2027, with limited exceptions for cases deemed to be in the US national interest. US President Donald Trump has extended restrictions on the H-1B nonimmigrant visa programme for another 12 months, keeping in place a $100,000 payment requirement for certain H-1B workers seeking to enter…
The law now allows Trump to put up to 100% tariffs on Russian oil buyers US President Donald Trump has signed into law a sweeping sanctions package targeting Russia and Iran, giving his administration expanded powers to penalise countries that continue buying Russian oil and gas, including India.The “Lindsey O. Graham Sanctioning Russia and Iran…
Bulk consumers must declare their sugar stocks on the food department’s portal every Friday NEW DELHI: Ahead of the festive season, Centre Friday relaxed the stockholding limit for bulk sugar consumers, allowing them to hold sugar for up to 30 days instead of the existing 15 days, as retail prices have eased by nearly 10%…
Both the non-institutional investor and qualified institutional buyer categories were fully subscribed on the second day. NSE IPO subscription status: National Stock Exchange of India (NSE)’s initial public offering was fully subscribed on Friday, the second day of bidding, with non-institutional investors and qualified institutional buyers driving demand.The Rs 22,569-crore IPO has become India’s second-largest…
An error was made while his ITR was being prepared, resulting in Rs 9.6 lakh being incorrectly added. (Image for representative purpose only) When filing your Income Tax Return it is always prudent to be doubly sure. One mistake in entry led to a taxpayer receiving an income tax notice. The taxpayer erroneously added Rs…
We judge a cost by how loudly it arrives, not by what it takes. From 15 October, UPI will no longer be free for merchants. It stays free for you. That is the whole news, and if that is all you wanted, you can stop reading here.But the messages have started. Will my SIP cost…
The rupee is stuck around the 95.7-96/dollar range. Why the mismatch with the record forex reserves data? India’s foreign exchange reserves are climbing to new record highs, thanks to the RBI’s FCNR(B) deposits scheme that has resulted in bumper inflows. Forex reserves are an important buffer that can help the central bank control any rapid…
