A former clerk of Karnataka Rural Infrastructure Development Limited (KRIDL), drawing a monthly salary of just Rs 15,000, was found in possession of assets worth nearly Rs 30 crore during a recent raid by the Karnataka Lokayukta. According to an IANS report, the raid was conducted at multiple locations linked to Kalakappa Nidagundi in the…
Gratuity serves as a reward for employees who have completed a minimum of 5 years of continuous service, acknowledging their loyalty and commitment to the organisation. Organisations with 10 or more employees are required to pay gratuity as per the Payment of Gratuity Act, 1972. For calculation purposes, any service period of 6 months or…
Income tax return (ITR) filing has already started for FY 2024-25. Meanwhile, Income Tax (I-T) Department has extended the deadline to file ITR for FY 2024-25 to September 15, 2025. The last date was July 31, 2025 earlier. There are two tax regimes- old and new regime that taxpayers can choose as per their salary…