The State government will not make deductions from the salaries of government employees who have not given their consent for contributions to the Chief Minister’s Distress Relief Fund, Additional Chief Secretary (Finance) A. Jayathilak said on Saturday. The government had urged employees to contribute five days’ salary to the CMDRF in connection with a salary … Read more
Known for his controversial opinions, investor Sourav Dutta’s new post on X has sparked a heated debate. In a his post, Dutta claimed that a salary of ₹25 lakh per annum is not enough to support a family of three. According to Dutta, a ₹25 LPA salary equates to a take-home pay of around ₹1.5 … Read more
The Indian corporate sector has reported significant financial growth in recent years, yet this prosperity has not translated into proportional increases in job creation or employee compensation, according to the Economic Survey for 2023-24. Financial Performance vs. Hiring Trends The Economic Survey highlights that the corporate sector’s profits have surged, with over 33,000 companies showing … Read more
The common perception is that individuals earning up to Rs 15 lakh annually cannot completely save on taxes. However, if planned wisely, one can pay zero tax even with a yearly income of Rs 15 lakh. In this article, we look at how to achieve that. Firstly, by utilising the basic exemption limit offered by … Read more
A view of boating activity under the hydel tourism centre at Echo Point near Munnar in Idukki. Idukkiâs hydel tourism centres have come to a stand still following the ongoing strike by Left employee unions in the district. The Hydel Tourism Workers Association under the Centre of Indian Trade Unions (CITU) have gone on strike … Read more
A pioneering study by DBS Bank India, in partnership with CRISIL—to understand how urban Indian women plan, prioritise and manage their money—has found that 98% of salaried and self-employed Indian women actively participate in long-term family decision-making. The first of three reports, titled ‘Women and Finance’, was launched today. Over 800 women were surveyed across … Read more
Hello. I am a 22-year-old unmarried male living in Trivandrum, Kerala. I am from another state, and my mom and dad live there. They have a government job, and they are totally financially independent. I just got a permanent job at ISRO as a Scientist (Central gov.). My current in-hand salary is Rs 75,000 monthly … Read more
The ex-Chief Executive Officer (CEO) of a real estate company has been booked by the cyber crime police after he allegedly threatened to leak company data reportedly over salary dues. A FIR has been filed at the East CEN police station. The accused joined the company as Regional CEO of the Mumbai branch on April … Read more
Sources say University of Madras has a monthly recurring expense of about ₹18.61 crore. | Photo Credit: File photo Amid acute financial constraints and a proposal for grant-in-aid pending with the State government, the University of Madras has diluted the Contributory Pension Scheme Fund and Endowment Fund to disburse salary/pension and meet other obligatory expenses … Read more
The AMMK general secretary T.T.V. Dhinakaran on Saturday condemned the School Education Minister for refusing to pay a month’s salary to 12,000 part time teachers for May. Through his Twitter handle, Mr. Dhinakaran asked the Minister Anbil Mahesh Poyyamozhi why he should refuse to let the payment of the salary after having assured the teachers, … Read more