SALARY DEFERRED FOR SIX MONTHS
India Inc salary restructuring: How new labour codes and income tax rules will impact take-home pay and retirement savings
Salaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but widespread implementation is delayed pending final government notifications. The shift towards a fixed-heavy salary structure, with higher basic pay, may reduce take-home salaries while boosting long-term retirement savings.
No IIT, no IIM, but still Rs 75 LPA income: Man shares the career strategy and lessons that helped him get high-paying job
A Reddit post about a tech professional’s career journey is gaining attention online. The man, who holds a B.Sc. degree from a Tier-3 college and not a B.Tech, shared how he grew his salary from Rs 1.84 LPA to Rs 75 LPA in nine years. He credited job switching, negotiating offers, and learning new skills on the job as key factors. Even a layoff at Rs 42 LPA turned into an opportunity, helping him secure a higher-paying role, as he encouraged others not to feel limited by their degree or background.
Himachal govt defers 30% salary of top officials for six months
Himachal Pradesh government has deferred a portion of salaries for officers and employees for six months, starting May 2026, to manage financial resources efficiently. The deferment percentages vary by rank, with higher officials seeing a 30% reduction and others 20%. This temporary measure aims for efficient financial management and will be released later based on the state's financial health.
Himachal Pradesh defers salaries of CM, ministers, MLAs for six months
Himachal Pradesh government has announced a six-month salary deferment for its Chief Minister, Cabinet Ministers, and MLAs. This measure aims to manage the state's finances prudently. The Chief Minister will see a 50 percent deferment, while Ministers and MLAs will face 30 percent and 20 percent deferments respectively.
DA hike announcement: How salaries of Level 1-18 employees will rise after 2% dearness allowance hike
DA hike for central government employees: A 2% hike in DA will take it from its current rate of 58% to 60%. With this hike, dearness relief (DR) for pensioners has also been increased to 60%. The announcement is for January 2026 and central government employees and pensioners will get arrears from the back date.
Got salary arrears after resigning? Use Form 39 to avoid higher tax in 2026–27
Resigning from a job in FY 2025-26 and receiving salary arrears in FY 2026-27 can lead to a higher tax liability. To avoid this, taxpayers must now use the new Form 39 for Tax Year 2026-27, replacing the older Form 10E, to claim relief under Section 89(1) and ensure accurate tax calculation.
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Rs 1.2 lakh monthly salary, but on 1st of each month Rs 1.05 lakh already gone. Bengaluru CA explains how the tackle the problem
Earning a substantial salary does not necessarily ensure lasting financial stability. Chartered accountant Meena Goel drew attention to this idea in a thoughtful post, explaining that a high monthly income on its own is not enough to build real wealth.
Rs 1 lakh salary, Rs 20k left in 10 days? CA warns of the silent salary trap
Many urban professionals earn high salaries but struggle with savings. A chartered accountant highlights a silent salary trap. Fixed expenses like rent and EMIs consume most income early in the month. Increased salaries often lead to upgraded living costs, not more savings. This creates a false sense of financial progress.
8th Pay Commission salary hike: Why NC-JCM wants minimum basic pay to rise from Rs 18,000 to Rs 69,000
8th Pay Commission pay hike: Employee unions calculate the minimum pay for an employee based on the rates of a food basket for a month. The food basket includes protein sources, dairy consumption, fruits, vegetables, spices and the things of daily use. The drafting committee of NC-JCM has also recommended for five family units instead of three.
Textiles Ministry plans duty cuts to shield industry amid West Asia crisis
In a bid to navigate the turbulent waters of global shipping issues, India's textiles ministry is advocating for lower duties on rayon pulp and certain cotton varieties. Furthermore, there's potential for a postponement of anti-dumping duties on specific yarns, which would significantly aid supply chains.
Wipro taps deal momentum to arrest revenue slide, but growth elusive for now
Wipro's revenue declined for the third consecutive year, though the drop moderated in FY26. Large deal wins offer hope for future growth. However, the June quarter is expected to be flat or see a revenue drop. Profitability was impacted by client issues and salary hikes. The company is cautiously approaching campus hiring as attrition rates fall.
Your salary is not the problem, you are: Bengaluru CA explains wealth building formula that helps all income levels
A Bengaluru-based chartered accountant, Meenal Goel, explains why even a good salary often feels insufficient. She points out that rising income is usually matched by rising expenses, leaving little room for meaningful savings. According to her, the real issue is treating savings as what remains after spending, instead of planning them first.
$0 salary claim: Does Trump really work for free compared to Biden and Obama? Here's the truth
Donald Trump salary claim has started a debate online. He said he did not take any pay as US president. But reports show some past presidents also gave away their salary. Supporters praise him for this move, while critics say salary is not the real issue. The discussion is now about how leaders earn money beyond official government pay.
Is Rs 70 LPA salary common for Bengaluru techies? Entrepreneur gives a breakdown of real salaries, ‘80% of engineers earn….’
A startup founder debunked the notion of ₹70 lakh salaries being routine in Bengaluru's tech sector, highlighting that such high pay is concentrated in the top 5% of elite firms. The majority of engineers, around 60-70%, work in IT service companies with salaries between ₹3-20 lakh, with the overall average estimated at ₹18-20 lakh annually.
0.4 million new employees availed fiscal benefit under PMVBRY
The Pradhan Mantri Viksit Bharat Rozgar Yojana has provided incentives to over 440,000 new employees. The government has disbursed ₹465 crore for sustained employment. However, global conflicts may slow down formal job creation. The scheme aims to create 35 million jobs by July 2027. Current progress is one-tenth of the initial quarterly target.
Do Shah Rukh Salman Khan’s bodyguards earn Rs 2.5 crore per year? SRK’s former body guard shares the truth: ‘If someone is a bodyguard for a big star…’
Yaseen Khan, formerly Shah Rukh Khan's bodyguard, debunks claims of exorbitant bodyguard salaries, stating they receive fixed monthly pay with potential project-based bonuses. He initiated changes in the industry, advocating for fair compensation beyond basic salaries, which gradually became a norm. While special arrangements exist, high annual incomes are rare.
Will I get fired? Ankur Warikoo shares 3 warning signs and 5 ways to prepare for job loss
Entrepreneur Ankur Warikoo highlights three key signs employees should watch for regarding potential job loss. These include work becoming sidelined, a lack of manager support, and shrinking teams without replacements. Warikoo also advises on five proactive steps to safeguard careers. These involve building a financial buffer, documenting achievements, strengthening professional networks, staying visible at work, and tracking company direction.
Rs 50 LPA but no latest iPhone or Zara clothes: 27-year-old Bengaluru techie reveals what she spends her money on instead
A 27-year-old Bengaluru techie earning around Rs 50 LPA has gone viral for rejecting the stereotypical luxury lifestyle often linked with high salaries. Despite her strong income, she chooses not to spend on latest iPhones, Zara clothes, designer bags, or fancy cars, and instead focuses on intentional spending, savings, and meaningful experiences like travel. She also manages financial responsibilities such as a home loan for her parents while investing regularly in SIPs and maintaining an emergency fund.
Himachal CM unveils Rs 1,500 support for Kinnaur women, geothermal project for Peo
Himachal Pradesh celebrated its 79th Day with enthusiasm. Chief Minister Sukhvinder Singh Sukhu announced significant welfare schemes and development projects. These include financial aid for women, geothermal heating systems, and infrastructure upgrades. The state is also focusing on border trade resumption and promoting tourism. Healthcare and education sectors are set for major reforms.
DA hike delay: Central government employee body to hold protest over dearness allowance delay
In a letter to the Cabinet Secretary of India, the Confederation of Central Govt. Employees & Workers (CCGEW) writes that its affiliated organisations will hold a lunch hour protest at all work places on April 16, 2026. The government last announced the DA hike in October 2025, which was for July 2025. While central government employees and pensioners have got their arrears for that hike, their wait for the January 2026 DA hike is still not over.
Johnny Somali sentenced to six months with hard labor in South Korea over livestream antics
YouTuber Johnny Somali has been sentenced to six months in prison with hard labor in South Korea for lewd behavior, including kissing a statue symbolizing victims of Japan's wartime sexual slavery. He was convicted of obstruction of business and distributing fabricated sexual images. The sentence also includes a five-year employment ban at institutions for children, teens, and people with disabilities.
Boosting Rs 1.8 cr retirement corpus to Rs 9.1 cr: How your 8% salary hike can easily increase your SIP by 20%
Boosting SIP investments beyond salary hikes can significantly amplify wealth creation. Increasing SIPs by 20% annually, compared to a flat investment or an 8% increase, can generate substantially larger corpuses over two decades. This strategy combats lifestyle inflation and enhances financial security.
He survived on just Maggi but still rejected Rs 25,000 job: Bengaluru founder reveals the roadmap that led to Rs 3.5 lakh income
A Bengaluru-based founder has gone viral after sharing his career journey, revealing how he chose a ₹10,000 internship over a ₹25,000 job offer early on. Starting with low pay and struggling through the initial years, he focused on learning and upskilling, eventually moving into high-paying roles, including a ₹3.5 lakh per month job at a blockchain startup. He later left the role to build his own company.
Maran case: SpiceJet asks for more time to deposit Rs 144 cr
SpiceJet faces a critical juncture. The airline informed the Delhi High Court that an immediate Rs 144 crore deposit in a dispute with Kalanithi Maran would lead to its collapse. SpiceJet proposed offering land as security, seeking time to navigate the aviation sector's current challenges. The court will hear the matter again soon.
Rs 9 salary hike leaves employee frustrated after 2 years of hard work. 'I have been working like a slave'
A Delhi NCR-based employee has shared his frustration on Reddit after receiving just a Rs 9 salary hike over two years, with no increment in the second year. The software engineer, who started as an intern in 2024, said he feels stuck due to a bond, long notice period, and ongoing expenses despite a demanding workload. Describing his situation as “working like a slave,” the employee said he is unable to save money and is now looking for a way out.
Gratuity may rise under New Labour Code, but your income tax bill could too
The Code on Social Security, 2020 expands the wage base for gratuity, potentially increasing payouts, but tax rules under the Income-tax Act, 1961 and the Income-tax Act, 2025 still rely on basic pay plus DA. With the Payment of Gratuity Act, 1972 now subsumed, this mismatch could make part of the higher gratuity taxable—highlighting the need for alignment between labour and tax laws.
Haryana revises minimum wages from April 1, 2026: Unskilled workers to get at least Rs 15,221 per month
Haryana has revised minimum wages for unskilled, semi-skilled, skilled, and highly skilled workers, effective April 1, 2026. The new rates, determined by skill level, ensure equal pay for men and women. Employers are responsible for ensuring contractors also adhere to these revised wage structures.
Hidden Social Security rule could get retirees thousands in surprise back pay
A powerful Social Security retroactive benefits rule lets retirees claim up to six months of missed payments instantly. Data from the Social Security Administration shows this can mean thousands in back pay. Many retirees overlook this option completely. You can file and request earlier benefit dates. But there is a catch. Your future monthly checks drop permanently. This rule works best after full retirement age. It suits urgent cash needs. Smart planning matters here. Always compare lump sum gains versus lifetime income loss before claiming.
Steady salary every month, but still at financial risk: CA explains simple money math to avoid future poverty
A steady salary may give a sense of security, but without an emergency fund, many working professionals remain financially vulnerable. CA Nitin Kaushik highlights that a six-month expense buffer is essential to handle job loss or sudden expenses. He warns that most salaried Indians lack this cushion and often fall into high-interest debt during crises, which can take years to recover from.
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