Salary News

The union government has recently hiked the Dearness Allowance (DA) and the Dearness Relief (DR) of the central government employees. They will get a DA hike from 17% to 28% and House Rent Allowance (HRA) hike from 24% to 27%. DA ...

Employees at Wipro, the IT sector's behemoth, are in for some good news. The IT behemoth has announced a wage increase for around 80% of its staff, which will take effect on September 1, 2021. According to a statement, the company ...

If reports are to be believed, the delayed labour codes are likely to be implemented in the next few months, which would see take-home salaries of most employees getting reduced, while retirement corpus being automatically increased. It maybe recalled that these ...

EPF is a retirement savings option, specially tailored for employees and for a long-term period of time. The employee and the employer mainly contribute to the EPF fund. Contribution to the Employee Provident Fund is optional if the basic salary is ...

With the start of the new fiscal year on April 1, some changes in the corporate sector are expected to occur. The word "wages" as described in today's codes refers to "all remuneration" given to an employee, with some exclusions such ...

Tata Consultancy on Friday (March 19, 2021) announced salary hikes for all its employees. The hike would come into effect from April 1, said the company. The Mumbai-based country's largest software services firm has an employee base of close to ...

The Government of India established a Pay Commission to recommend improvements to the compensation structure of central government employees. Millions of government employees are eagerly awaiting the implementation of the 7th Pay Commission, which would raise their allowances, salaries, and other ...