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Denied transfer Bihar varsity teacher offers to return his 33-month salary 

  • The registrar said that he refused to accept the cheque, as there was no such provision.
Lallan Kumar, assistant professor of Hindi at Nitishwar College in Muzaffarpur, tried to create a flutter by offering to return his 33-month salary, amounting to <span class='webrupee'>₹</span>23.8-lakh to the BRA Bihar University(HT file photo)
Lallan Kumar, assistant professor of Hindi at Nitishwar College in Muzaffarpur, tried to create a flutter by offering to return his 33-month salary, amounting to 23.8-lakh to the BRA Bihar University(HT file photo)
Published on Jul 07, 2022 09:42 PM IST

4-day work week, major change in take-home salary: New labour codes in 5 points

New wage code from July 1? Even if the 4-day work week gets implemented, Indian companies registered under the Factories Act may not be able to reduce the number of working days increasing the number of per-day working hours. 
Can Indian companies adopt a 4-day work week once the 4 new labour codes get implemented? (Representative Image)
Can Indian companies adopt a 4-day work week once the 4 new labour codes get implemented? (Representative Image)
Updated on Jul 01, 2022 03:14 PM IST
By | Written by Poulomi Ghosh

Indian CEO, CXO salaries may jump 8.9 per cent, median is 7.05 crore: Report

The Aon's 11th annual Executive Rewards Survey in India, which analysed data across 475 companies from more than 20 industries, further noted that the median CEO compensation has reached 7.05 crore.
Representative image(Shutterstock)
Representative image(Shutterstock)
Published on May 18, 2022 03:19 PM IST
PTI | , New Delhi

Yogi government increases wages of labourers, to build schools for their kids

Under the Kanya Vivah Sahayata Yojana, the amount provided for mass marriages has been increased to 1 lakh. Till now, the labour department had been providing 65,000 for mass weddings.
Uttar Pradesh chief minister Yogi Adityanath distributes food during kumari puja in Gorakhpur.(ANI file)
Uttar Pradesh chief minister Yogi Adityanath distributes food during kumari puja in Gorakhpur.(ANI file)
Published on Apr 29, 2022 12:49 AM IST
By | Written by Aniruddha Dhar

EPFO mulls new pension scheme for formal workers getting over 15K basic wage

At present, all those employees in the organised sector whose basic wage up to 15,000 per month at the time of joining service are mandatorily covered under EPS-95.
Employees' Provident Fund Organisation (EPFO) (file photo)
Employees' Provident Fund Organisation (EPFO) (file photo)
Published on Feb 20, 2022 05:08 PM IST
PTI |
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