HR Indya

In an interesting judgment by the High Court of Madras, it was held that salary once revised and paid cannot be recovered by the Employer in case where the employee has not misrepresented or suppressed any facts which resulted in the increase in the salary.
But the court has also added that the employer is free [...]

Living up to its populist image and with an attempt to surge industrial growth the Govt looks at amending the  Contract Labour Act of 1970. The intended change is to bring the salaries of the contract labour at par with those of the permanent workmen of the respective Company. This amendment further suggest to give [...]

Interestingly, it was an audit that revealed a hidden interest accrued due to a suspense account. This surplus amount accounted to Rs. 1730 crores and that was just enough to raise the that bar of  the PF interest rate by 1% from 8.5% to the declared 9.5%.
This is the first time in the last 5 [...]

This is a case of a Bus-conductor who fought his case up to the Supreme Court against the orders of the Management of dismissing him from service. It was proved in the domestic enquiry that the bus conductor had not issued tickets to several passengers even after collecting the charges for the same.
Though it was [...]

The Central Board of Direct Taxes has hiked the tax exemption limit from 3.5 lakhs to 10  lakhs.This change is w.e.f  24-05-2010, the date  from which the applicability of the new slab of 10 lakh applies.
This increase in the Gratuity amount itself is a breather for many a pensioners whose livelihood would have to sustain [...]

Earlier this April, the Trade Unions were mounting pressure on the EPFO to hike its PF interest rates from the present 8.5% to as much as 9.5% – 10%. EPFO is sitting on corpus fund of over 5 lakh crore rupees ( how many zeros is that?!?!) from a subscriber base of 4.7 crores. During [...]