Average salary offer at MDI Gurgaon rises 9.5 per cent to Rs 22.05 lakh
Amazon offered the top salary package of Rs 40.50 lakh per annum, slightly less than last year’s highest salary offer of Rs 40.79 lakh made by Google. This year’s median cost to company (CTC), however, rose nearly 11% to Rs 22 lakh from Rs 19.82 lakh last year, said Kanwal Kapil, dean of placements at MDI, Gurgaon.
Budget 2020 proposal for salaried professionals: PPF, NSC sops on cards to increase taxpayers' savings
Finance Ministry may allow tax exempti...
Tax optimiser: Home loan, NPS, medical cover can cut tax by Rs 77,000 for Sinha
For the home loan taken, the interest paid to the bank can be...
Why you should not be afraid to ask for help
We believe that helping ourselves is the hallmark of responsible behaviour. We don’t like to expose ourselves as weak and needy and wanting the other’s help to get by. It somewhat diminishes us. At some point it, also makes us vulnerable.
CXO hiring firms diversify services amid slowdown
Benchmarking talent against competition, compensation analysis and evaluating reporting structures are some other services search firms offer companies looking for external help on these matters
Tim Cook's salary slipped to $11.6 mn in 2019 after poor Apple performance
His 2019 incentive bonus slid to $7.67 mn from $12 mn last year.
No GST on CXO salaries: Government set to clarify
CBEC is set to clarify that common function like HRs should be out of the GST gamut
Audit partners seek risk premium, more salary
They are seeking risk premium in the form of hikes and special bonuses, following actions Sebi and others.
7 ways you can maximise wealth from your work
You invest a chunk of your earnings in assets that either generates cash or increase in value over time creating wealth or income that is independent of you going to work. Here is how you can make the most from your job. The secret is to start now.
Tax department going after CXO pay cheques
The tax department has started questioning top companies and banks if they were passing on some of the common costs like salaries of chief e...
Tax department wants to impose 18% GST on CXO salaries
The taxman wants companies to treat services as supply, meaning the people providing the service will pay GST.
He thought his small salary was an issue; then he got to know about step-up SIP in mutual funds
Ronak had two goals: a solo trip to Spain and to build a retirement corpus of Rs 5 core in 20 years. “How do I invest so much when my current salary is only Rs 75,000? It will leave me with less than Rs 20000,” he told me.
BSNL clears Rs 1,700 crore in dues to vendors; pays November salaries: CMD
In October this year, the government approved a Rs 69,000 crore revival package for BSNL and MTNL that includes merging the two loss-making firms, monetising their assets and giving VRS to employees so that the combined entity turns profitable in two years.
Banks stop issuing debit cards for dormant accounts
The banks have stopped issuing debit cards for the dormant savings accounts due to two reasons - To avoid the risk of banking frauds and also to lower their costs of servicing a bank account. There has been a rise in dormant accounts.
Air India pays November allowances to pilots
Air India has around 1,600 pilots. Last week, the government provided a Rs 500-crore guarantee to the national carrier to help it secure fresh funds for operational requirements. This was against a request for Rs 2,400 crore sovereign guarantee for raising funds.
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