Tag: Bonus

Similarly, a company in which the public is substantially interested need not deduct tax at source while issuing bonus or rights shares.

Almost after a year-long freezing, hiring activity seems to have gathered pace across the IT sector in India. Top IT firms - TCS, Infosys, Wipro and HCL Technologies have plans to hire over 1 lakh fresh graduates across the campuses this fiscal. But many companies are struggling to get experienced candidates onboard.

Bhubaneswar: Medical services have been partly affected following demonstration by employees at Apollo Hospital in Bhubaneswar on Saturday. Nearly 1,700 employees reportedly staged a dharna demanding hike in salary and bonus. According to employees, the hospital authorities had arbitrarily considerably reduced their bonus and have not increased the salary since long. The agitation by the […]

Bhubaneswar: Chief Minister Naveen Patnaik today launched the system to provide 100 percent bonus to kendu leaf pluckers at State Secretariat. The bonus will benefit around 8.3 lakh kendu leaf pluckers and will cost around Rs 130 crore to the state government. The bonus amount will be transferred to the bank account of the beneficiaries […]

New Delhi: In a bid to boost the morale of Indian Railways employees, a Committee has recommened introduction of a new appraisal system for the staff, bonuses, incentives, and badges, Ministry officials said. According to a senior Ministry official, the railways will introduce the new rating system for its employees soon after a nod from […]

Bhubaneswar: The Odisha govenrment has announced 100 per cent bonus for the kendu leaf pluckers for the year 2016. This was announced by Chief Minister Naveen Patnaik yesterday while attending different programmes in Boudh and Subarnapur districts. The bonus would benefit about 8.5 lakh kendu leaf pluckers and cost Rs 130 crore to the state […]

The Odisha government today announced a special assistance of Rs 100 per quintal of paddy for the farmers hit by cyclone Phailin and subsequent floods

Bhubaneswar: The Odisha government today reduced the bonus for kendu leaf pluckers from 100% to 50%, while for binders, the bonus was slashed from 20% to 10%. The decision regarding the same was taken at a meeting of the Kendu Leaf Development Board chaired by Chief Minister Naveen Patnaik. The bonus was reduced on account […]