7th Pay Commission on allowances: Maximum monthly HRA hiked by 176% to Rs 75,000

7th Pay Commission on allowances: Maximum monthly HRA hiked by 176% to Rs 75,000

Lower level employees will get HRA hike of up to 157 percent from their July month salaries as against 122 percent for higher level employees. But when DA will cross 50% then higher level employees will receive 176 percent hike as against 157 percent hike for lower level employees. New Delhi: More than 7.5 lakh […]

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Is it good news for Indian IT sector as Trump favours merit-based immigration system?

Is it good news for Indian IT sector as Trump favours merit-based immigration system?

Washington: President Donald Trump favors a merit-based immigration system that will benefit US economy and create jobs, the White House has said, in views that would be welcomed by Indian IT professionals and entrepreneurs. The President has made clear he believes that (there) should be a merit-based system where individuals coming into the country bring […]

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Demonetisation: RBI restricts withdrawal from Jan Dhan accounts up to Rs 10,000 per month

Demonetisation: RBI restricts withdrawal from Jan Dhan accounts up to Rs 10,000 per month

New Delhi: In a bid to check the misuse of Jan Dhan accounts by black money hoarders, Reserve Bank of India (RBI) has restricted the withdrawal from such accounts to Rs 10,000 per month. Fully KYC-complaint Jan Dhan account holders will be allowed to withdraw Rs 10,000 per month from their account, while limited or […]

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Tata considering British businessman Sir George Buckley for top job?

Tata considering British businessman Sir George Buckley for top job?

Tata Sons may be considering British Businessman Sir George Buckley to fill the chair left empty after ex-Chairman Cyrus Mistry’s ouster. According to a brief report by moneycontrol, “Tata Sons is said to have approached Sir George Buckley,” to replace Mistry. The report cited Sky News as its source. The move comes at a time […]

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I’m being victimised, forced to go into hiding: Read Vijay Mallya’s emotional outburst

I’m being victimised, forced to go into hiding: Read Vijay Mallya’s emotional outburst

Beleaguered businessman Vijay Mallya, who has been summoned by the ED to appear before it on March 18, has ruled out his return to India for now, saying the time is not “right”. “There was a lookout notice issued against me last year. But I didn’t ‘escape’. Why am I being portrayed as a criminal […]

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