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Dearness Allowance (DA) is a percentage of basic salaries aimed at addressing the impact of inflation for government employees and pensioners. Reviewed twice a year, new announcements are usually made in March and October, with rollouts in January and July. Notably, the latest DA hike was announced in April by the Finance Ministry which increased…
Corporate India is facing an invisible crisis that severely impacts both employee well-being and the bottom line. According to the third edition of the CII–MediBuddy report, Workplace Health Reimagined: India’s Health AI Frontier, employee health can no longer be viewed as a mere administrative benefit; it must be treated as a strategic priority. “For years,…
Health insurance policies often include technical terms that can be difficult to understand. However, not knowing what these terms mean could increase your out-of-pocket expenses during a medical emergency. Two commonly misunderstood features are co-payment and deductible. While both can help lower your insurance premium, they work very differently when it comes to settling claims….
As the 31 July income tax return (ITR) filing deadline enters its final hours, many taxpayers are rushing to submit their returns before the clock hits 12 am. In the hurry to complete the process, small errors can go unnoticed and some of them may lead to complications after the ITR has already been filed….
Personal accident cover and standalone term insurance, both of which provide financial protection, may seem similar to many but are different in various aspects. The question about which is the best buy and most suitable financial protection in individual cases will be answered here. For those deciding which to choose, this is the right place…
Employee Stock Option Plans (ESOPs) have become a common feature of compensation packages, particularly for corporate technology companies, start-ups and new-age businesses. These options allow employees to purchase company stock at a predetermined price and benefit from potential growth in the company’s valuation. However, ESOP taxation can be complex, as tax liability may arise at…
As the 31 July 2026 income tax return (ITR) filing deadline approaches its final hours, activity on the income tax e-filing portal has intensified. With over 5.4 crore ITRs filed so far and counting, taxpayers are rushing to complete the filing process and verify their returns before midnight. The government has not announced any extension…
With the 31 July Income Tax Return (ITR) filing deadline here, millions of taxpayers are either rushing to submit their returns or hoping for a last-minute extension. But beyond the annual compliance exercise lies a question many taxpayers overlook: Does earning the same income mean paying the same amount of tax? India’s income tax system…
Shares of Astra Microwave Products rallied nearly 14% on Friday after the defence electronics player announced that it has won a domestic order worth more than Rs 2,205 crore from Hindustan Aeronautics (HAL). Shares of the company surged to a fresh 52-week high of Rs 1,960 apiece on Friday morning, with the stock on track…
Brokerages reiterated their bullish calls on the shares of Vedanta Aluminium Metal after the recently-listed company reported a more than threefold year-on-year (YoY) jump in consolidated net profit to Rs 5,629 crore for the first quarter of FY27. Vedanta Aluminium Metal, which debuted on stock exchanges last month after spinning out of Vedanta during the…