- Thursday, July 1, 2010, 18:30
- Income Tax
- 239 views
Notification:-The Central Board of Direct Taxes (“CBDT”) has extended the enhanced exemption limit of INR 10 lakhs to the employees of companies who do not fall under the provisions of the Payment of Gratuity Act, 1972. The notification will be effective from 24 May 2010.
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- Thursday, March 11, 2010, 3:20
- Income Tax
- 127 views
With the government raising the gratuity limit, it makes sense to negotiate for a higher basic salary to ensure a better payout. The Union cabinet’s decision to raise the tax-free gratuity limit from Rs 3.5 lakh to Rs 10 lakh is likely to become a tool for companies to retain employees.
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- Saturday, February 6, 2010, 3:52
- CA CS ICWA
- 3 views
Employees of accounting regulator, the Institute of Chartered Accountants (ICAI), late night on Thurday called off their two-day old strike, after the management agreed to their demand for a salary hike. "The management has given us a 20 per cent hike in January's gross salary, which has been credited to our salary accounts," ICAI Employees' Association Secretary Deepak Kishore told PTI.
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