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Salary, social obligations take away big funds of railways: Piyush Goyal
"After the implementation of 7th Pay Commission recommendations, there has been an over expenditure of Rs 22,000 crore for salaries and pension of railway employees. This has contributed to the overall operating loss," he said.

Salaries in India likely to rise by 9.2 pc in 2020; inflation-adjusted real-wage at 5 pc: Report
India's salary growth for 2020 stood at 9.2%...

ISB sees 1,383 offers on Day 1 of placements in comparison to 1,194 last year
The School saw hiring from recruiters across a wide spectrum of...
Rise in salaried workers, women fare better: NSO
The share of regular wage earners and salaried employees in the total urban workforce increased marginally between April-June 2018 and January-March 2019 — from 48.3% to 50% — with women faring better than men, the latest Periodic Labour Force Survey released by the National Statistical Organisation (NSO) showed.
Pesto: The startup that has found a way to boost skills & incomes of techies
There's a new and rapidly growing trend in upskilling — income sharing agreement (ISA). These are training and skilling programmes that take a fee from you only when you get a job, usually with a guaranteed income threshold. Pesto is a startup that is pioneering the concept in India. It conducts a three-month boot camp in Delhi for software engineers.
Home Guard salary scam: UP police arrests senior officials
Five officials of the Uttar Pradesh Home Guard unit have been arrested in the salary scam case of the security force, including Divisional C...
Can I claim HRA exemption for rent paid for two locations?
An individual can claim an exemption on house rent paid during the financial year. There are certain rules that must be followed to calculate the amount of exemption that can be claimed by you.
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
EarlySalary crosses 1 million loan disbursals
Founded in 2015, EarlySalary operates across 17 cities and has worked with over 250,000 unique customers. It had raised Rs 100 crore in January 2018 in a funding round which was led by Eight Roads Ventures (Fidelity).
Average salary in India is likely to increase by this much in 2020: Survey
A recently held survey reveals that India could see the highest average salary hike in the Asia Pacific region by 10 per cent. Sector-wise, the energy sector, financial services and consumer products sector could see the highest salary growth.
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.
Tax optimiser: Salaried Kumar can save over Rs 68,000 in tax via NPS, perks
Not only should you ask your employer for the NPS benefit, but you should also invest in the scheme on your own. You can reduce your tax outgo significantly. Hence in this way, you can optimise your tax by rejigging your income and investments.
India Inc to see a 10% salary increase in 2020, Willis Towers Watson Survey finds
Of the surveyed companies, 28% have projected a positive business revenue outlook for the next 12 months, down from 37% in 2018, 61% of them expect no big change as compared to 57% last year, and 11% have a downward revenue projection compared to 5% in 2018, according to a Willis Towers Watson release that encapsulated the findings of the report.
Topline recruiters make beeline for emerging engineering talent
Top recruiters get early slots at premium engineering colleges based largely on salaries and profiles.
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...
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