The proposed reduction to the salaries and allowances of MPs and ministers amounts to savings of around Rs 54 crore.
Coronavirus Outbreak: CAIT flags traders' inability to pay full salary for April, seeks Piyush Goyal's intervention
As the country battles COVID-19, traders'' body CAIT on Thursday said traders are facing tremendous financial crunch and payment of full salary for April to their staff was next to impossible
Reliance Industries chairman Mukesh Ambani will forego his salary in the wake of the coronavirus pandemic that has gripped the nation and forced a lockdown in the country until 3 May
Coronavirus Outbreak: Berger Paints says no plan for retrenchment or salary cut during pandemic crisis
Berger said it has decided against any involuntary furloughs or organisational restructuring that may lead to downsizing of headcount and consequent loss of livelihood during the time of widespread uncertainty.
Odisha industry body demands wage payment from ESIC funds; seeks working capital loan, interest waiver till normalcy returns
There has been lobbying for some time for using funds of the retirement body EPFO as well as ESIC for providing relief to workers to help them sustain themselves during the nationwide lockdown.
Billionaire banker Uday Kotak has decided to take a notional salary of only Re 1 for the financial year 2020-21, amid COVID-19 pandemic, which is likely to have huge economic implications
Coronavirus Outbreak: Ekta Kapoor to forego one-year salary of Rs 2.5 cr so 'co-workers don't have to take a hit'
Filmmaker Ekta Kapoor on Friday said she will be letting go of her one-year salary of Rs 2.5 crores so as to provide financial aid to her co-workers in her company Balaji Telefilms.
Disney will reduce the salaries of its vice presidents by 20%, senior vice presidents by 25%, and executive vice presidents and above by 30% effective 5 April
Coronavirus Outbreak: Railways to release full salary to lakhs of contractual workers during suspension of service
In a huge relief to lakhs of contractual employees, the railways has decided to release their full salaries even as it suspended all its passenger services till 31 March
Companies in India to dole out lowest salary hike in a decade at 9.1% in 2020; lack of talent, niche skills to blame: Report
In the Asia-Pacific region, India is expected to dole out the highest salary hike at 9.1 per cent, followed by China at 6.3 percent this year.
BSNL clears Rs 1,700 cr in dues to vendors, contractors; pays November salaries to employees: CMD PK Purwar
In October this year, the government approved a Rs 69,000 crore revival package for BSNL and MTNL that includes merging the two loss-making firms, monetising their assets and giving VRS to employees.
Loss-making telecom PSUs BSNL, MTNL fail to pay July salary to 1.98 lakh employees, says union leader
Loss-making telecom PSUs Bharat Sanchar Nigam Ltd and MTNL have failed to clear salaries of their 1.98 lakh employees for July, a union leader said on Thursday
Cash-starved Jet Airways on Wednesday deferred the March salary payment to its employees, citing "complexities" involved in the finalisation of the debt-recast plan, under which the SBI-led consortium of lenders has taken over the management control of the airline
Paramilitary forces gravely dissatisfied with lack of pay parity as promise of better service conditions remains unfulfilled
Despite the India-Pakistan conflict escalating after the Indian Air Force carried out air strikes in Pakistan's Balakot and additional paramilitary forces being deployed in the Kashmir Valley to quell any insurgency, the issue of pay parity among Indian security forces continues to simmer.
RBI proposal to revamp bank CEO compensation: Companies Act should take a leaf out of central bank’s gesture
In other words, since the public sector bank honcho salary is abysmally low, what the RBI is doing according to critics is reducing the salary of foreign and private banks.
Finance Minister Piyush Goyal on Friday doled out tax sops to middle class including doubling of income tax exemption limit to Rs 5 lakh and raising standard deduction to Rs 50,000, and provided concessions on interest income from bank deposits and rent.
Indian employees have left the Chinese companies due to various reasons.
While the number of salaried taxpayers has increased from 1.70 crore (assessment year 2014-15) to 2.33 crore (AY 2017-18), average income declared by the salaried taxpayers has gone up by 19 percent from Rs 5.76 lakh to Rs 6.84 lakh
Gender pay gap at work: YouGov-Firstpost survey shows almost 50% of women feel salary doesn't reflect their work
The pay gap between men and women is a topic that resonates with workers across fields: Whether in the film industry, the biggest multinational and transnational corporations, the media or even the world of startups
The Naresh Goyal-controlled Jet Airways is struggling to mop up funds to meet its payment obligations, including salaries to its over 16,000-strong workforce.