The 8th Pay Commission has completed its scheduled Mumbai meetings. Several organisations have proposed annual increments above the current 3%. Here’s what a 7% annual increment means for level 9, 10 and 11 employees?
The rules are different for individuals with business or professional income. For them, opting out of the default new regime, or subsequently returning to it, involves a specific compliance process. More importantly, they cannot move freely between the two regimes year after year. Once they opt for the old regime, they get only one opportunity…
Shares of Apollo Micro Systems jumped nearly 9% on Monday to hit the day’s high of Rs 410 on the NSE after the company reported strong year-on-year growth in its Q2 earnings, with net profit rising 56% and revenue surging 72%. In an exchange filing, the company said its net profit increased 55.6% year-on-year to…
The Central Board of Indirect Taxes and Customs (CBIC) issued eight circulars clarifying guidelines on export payments, goods and services tax (GST) registration, and raising of tax demands, among other decisions made at the GST Council meet in October, PTI reported. What CBIC circular state: What changes? Guidelines on GST registration The board issued guidelines…
DA hike: State government employees in West Bengal will receive their 20% dearness allowance increase and salaries for the month of October 2026 before Durga Puja festivities begin, Chief Minister Suvendu Adhikari said, PTI reported. “I have asked the finance secretary and the finance minister to ensure that October salaries are released before Durga Puja….
Shares of Juniper Hotels gained nearly 2% on Thursday, hitting a day’s high of Rs 219.07 on the NSE, after the company announced a proposal to acquire the operating Novotel Imagicaa hotel in Khopoli, Maharashtra, for an aggregate lumpsum consideration of Rs 248 crore. According to an exchange filing, the company said the proposed transaction…
Air India caught in UK aviation disruption storm, forced to divert, delay, cancel multiple flights UK NATS flight glitch: Air India said the disruption could also affect some of its other flights as aircraft and crew were left out of position following the incident. Passengers were advised to check the latest flight status on Air…