The law and telecom minister acknowledged that there are problems in the telecom sector, which are being looked upon by the government."BSNL is in strategic interest of the nation. Whenever there is flood, cyclones, BSNL is the first one to offer services for free. 75 per cent of their revenues goes into salary of employees while others manage it in 5 10 per cent. There are legacy issues which we are looking in to," Prasad said at India Economic Conclave.
Researchers have warned that young adults who experience annual income drops of 25 per cent or more may be more at risk of having thinking problems and reduced brain health in middle age. There may be several explanations as to why an unstable income may have an influence on brain health. People with a lower or unstable income may have reduced access to high quality health care which may result in worse management of diseases like diabetes, or management of unhealthy behaviours such as smoking and drinking.
See our latest analysis for HTC Purenergy According to our data, HTC Purenergy Inc. has a market capitalization of CA$29m, and paid its CEO total annual compensation worth CA$300k over the year to December 2018. Notably, the salary of CA$300k is the vast majority of the CEO compensation. We took a group of companies with market capitalizations below CA$266m, and calculated the median CEO total compensation to be CA$159k.
It may be noted that the financial daily had reported that the company had over 1,700 employees who earned more than Rs 1 crore. According to the data accessed, in FY19, Infosys executive, excludes more than 1,700 people directly employed by the European branches of the company. It may be noted that this could not be obtained due to the European Union's (EU) General Data Protection Regulations (GDPR). The company in its annual report said, the number of Infosys employees earning an annual salary of Rs 1 crore and above more than doubled to 64 in the financial year 2019. In last fiscal, less than 30 Infosys executives based in India, received salaries over Rs 1.02 crore, but in one year this number jumped to 64.
The past budgets under the Modi 1.0 government had ushered in several changes in our salary structures and annual tax outgo. For instance, in former finance minister Arun Jaitley's first budget in 2014, he had not only raised the personal income tax exemption limit from Rs 2 lakh to Rs 2.5 lakh but also increased the investment limit under Section 80C after a decade by Rs 50,000. The next two budgets mostly tinkered with deduction limits while increasing the tax outgo of the super rich. Then Budget 2017 halved the income tax rate for Rs 2.5 5 lakh slab to 5%, the next one saw the reintroduction of standard deduction and the Interim Budget 2019 offered a full tax rebate to individual taxpayers having taxable annual income up to Rs 5 lakh.
Reportedly after it came to light that employees of IT firm Infosys in Hyderabad have to shell out money to use their company s parking lot, activists have claimed that the practice is against the law. Presently the company charges Rs 500 for four wheelers and Rs 250 for two wheelers per month to park on the campus and these charges are deducted from the employees salary.
The troller had said, "Family business probably is the last thing Sunny Leone will ever suggest her children as a career option." The actress did not got upset by him but instead gave him a reply that he would never forget in his life. She said, ”Yeah, probably. Why would I do that? But if they want to join the Indian film industry, I think that would be a great thing. Or if my daughter wanted to continue and run a cosmetic line that I just launched, I think that 's a great family business."ALSO READ: Taarak Mehta Ka Ooltah Chashmah: From Jethalal to Dayaben, the per episode salary of the actors is surprising
According to reports, Jet Airways pilots have been asked to take salary cuts of 25 30 per cent, while engineers have been settling at 50 per cent of their current pay.The Jet employees are now facing stress over employments, while some are also hopeful of a turnaround of the carrier. Under such circumstances, the staff might have to either shift base to Tier 2 or Tier 3 cities or accept job offers having lower compensation, say experts.
Jet Airways tells staff: No funds to pay premium for group mediclaim policy Jet staffer s suicide: Colleagues were pooling money for him till salary crisis hit them In a first since Jet crisis, staffer jumps off building in Mumbai, dies Jet Airways aircraft are seen parked on the tarmac at Chattrapati Shivaji International Airport in Mumbai. (Express Photo by Pradip Das) As passengers who had booked tickets on Jet Airways flights wait for the refund of their ticket amount, they are also worried about the spike in ticket fares of other airlines. According to a primary estimate, ticket prices have increased by at least 30 to 40 per cent since Jet Airways announced that it was suspending operations.The cash strapped Jet Airways flew its last flight from Amritsar to Mumbai on Wednesday night, before temporarily suspending all operations after it failed to receive the emergency funding it had sought.
Low cost carrier and top rival SpiceJet appears to be making the most of the crisis at Jet Airways. Spicejet is now hiring engineers and pilots at much lower pay than their current salaries at the financially troubled Jet. Industry sources told IANS that pilots from Jet Airways are being asked to take salary cuts of 25 30 per cent while engineers have been advised to settle at 50 per cent of their current pay package.Not long ago, many airlines including SpiceJet were luring the same pilots and engineers with joining bonuses and better perks.
According to a report in the Economic Times, telcos have asked recruiters to play down the positives aspects of telecom jobs and tell candidates that promotions, salary increase and fast track opportunities now depend on market conditions.Recruiters say they have also changed the questions they ask candidates so that they can assess whether the candidate is willing to stay in the game for the long term. "The candidate is repeatedly told the cons of the job more than the pros. The time taken between interviews stretches over days and all methods are used to test a candidate s patience and ensure that he is the right fit, who really wants to be part of the telco during the tough times, Shiv Agrawal, managing director of ABC Consultants, told ET.
Per the suit filed on April 04 in New York, Kraken CEO allegedly promised to pay $150000 in salary and oral commitment to pay 10% of the Kraken trading desk s annual profit to an employee Jonathan Silverman . He was hired as Kraken trading desk manager in April 2017.As per the reports, Silverman was the oldest employee of Kraken exchange who claimed that trading desk earned over $19 million in profits within three months in the year 2017 and as promised, there was no such profit percentage shared with him. Upon failure, Jonathan Silverman has filed suit against Kraken and demanding compensation over $900,000.
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