WEF 2020: CEOs welcome pay alignment with environmental, social and governance criteria
With stakeholder capitalism gaining traction, the push to closely align executive pay to a company's performance on environmental, social and governance (ESG)-related criteria is gaining ground.
Reliance Jio pays its AGR dues of Rs 195 crore
The Mukesh Ambani led telco’s dues are a fraction of what its rivals - Vod Idea and Airtel - h...
PM Modi pays tributes to Bal Thackeray on his birth anniversary
"Tributes to the great Balasaheb Thackeray on his jayanti. Courageous and ind...
Mondelez pays over Rs 400 cr to settle tax dispute involving alleged 'ghost' unit in India
The Directorate General of Central Excise Intelligence (DGCEI) had in 2011 initiated a probe against the company for allegedly misusing "area-based exemption" for a new unit in Baddi in Himachal Pradesh to avail excise duty benefits, even before it came into existence.
Govt plans to cut EPF contribution rate, take home pay would rise: Will employees benefit?
Currently, employee contribution to PF is 12 percent, and an equal percentage is contributed by the employer. However, the draft EPF Bill proposes to reduce the EPF rate of contribution to 10 percent, both by the employee and the employer.
Power generation to be termed manufacturing, pay 15 per cent corp tax
As part of efforts to incentivise the power sector and make its operations viable, the government is looking to extend the benefit of lower corporate tax to electricity generating units by qualifying their activity as manufacturing.
Karvy sets deadline of February 15 to pay clients’ dues
Karvy Stock Broking has set a February 15 deadline to pay all its dues to clients, which includes stocks and funds worth several crores of rupees. With a new man at the helm, it is also going in for a restructuring of its financial services business and there are rumours that this may include sale of assets.
Indians pay Rs 14 crore to book 1,410 Kia Carnivals on the first day
Customers paid the steep booking amount of Rs 1 lakh to book the Carnival MPV, which will be launched at the Auto Expo in Greater Noida next month, Kia said. The prices for the premium MPV are yet to be announced. The carmaker further said that 64 per cent of the bookings were for the higher-end Limousine variant of the vehicle.
73% IT professionals willing to pay Rs 10,000-20,000 per year for upskilling
TechGig surveyed 1,057 IT professionals to understand their preference for learning new-age software development technologies. Most respondents (57%) of this survey belonged to the 25-34 age group.
SC agrees to hear telecos plea seeking time to pay AGR dues
DoT may be open to negotiations if telcos pay part of their dues by Thursday.
4045 times is the highest CEO pay ratio in India Inc for FY19
At HEG, a graphite electrode manufacturer, the CEO earned 4,045 times the median remuneration of its staff.
SC to hear plea of telecom service providers seeking time to pay AGR dues
Supreme Court to hear the plea of telecom service providers seeking time to pay AGR dues amounting to Rs 1.47 lakh crore to the Govt.SC to h...
I-T department lets ‘deserving’ assessees to pay up 20% tax demand in parts
Amid tight liquidity and slow biz, taxman gives breathing space to cos and businesses — the prime taxpayers.
Bharti Airtel , Vodafone Idea and Tata Teleservices to file plea in SC today for time to pay AGR dues
Vodafone Idea, along with some 14 telcos, need to pay about Rs1.47 lakh crore to the telecom department by a Supreme Court (SC)-mandated deadline of January 23.
Vodafone Idea may pay part of AGR dues to stay afloat
Besides pleas for relief at Supreme Court, telco wants to show its intent to honour payment obligations.
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