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New gratuity rules explained: How new labour codes will increase payout at various salary levels – check calculations

One major change under the new labour codes is the eligibility criteria for gratuity. (AI image) New labour codes 2025 explained: The new labour codes, effective November 21, 2025, have wide reaching implications for both employees and employers. Your salary, both take home and the Cost To Company (CTC), gratuity, provident fund will most likely…

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Delayed Income Tax Refunds for FY 2024-25: Key Reasons Explained | Financial Literacy News

NEW DELHI: Income-tax refunds are facing unusual delays this assessment year, with tax professionals flagging longer processing times even for routine filings. CBDT data shows personal income-tax refunds have fallen to Rs 88,548 crore by early November, compared to Rs 1.42 lakh crore a year earlier. Total refund outgo up to November 10 stands at…

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Delayed Income Tax Refunds for FY 2024-25: Key Reasons Explained | Financial Literacy News

NEW DELHI: Income tax refunds are experiencing significant delays this assessment year, with tax professionals reporting extended processing times even for routine cases. Official CBDT data shows personal income-tax refunds have dropped to Rs 88,548 crore by early November compared to Rs 1.42 lakh crore in the same period last year. According to official data…

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‘Snooping app’ charge: Massive political row over Centre’s Sanchar Saathi App on mobiles dictum; controversy explained | India News

NEW DELHI: The central government’s dictum to makers regarding pre-installation of the Sanchar Saathi application on all mobile handsets manufactured or imported in India has sparked a massive political row over concerns of privacy breach.While the department of telecommunications (DoT) justified the measure as a move for “curbing IMEI misuse”, the opposition has raised red…

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‘Panch-Jyoti’: RBI’s 5-year strategy to boost financial inclusion; key goals and action points explained

Reserve Bank of India Governor Sanjay Malhotra on Monday unveiled the National Strategy for Financial Inclusion (NSFI) 2025-30, aimed at expanding financial access and usage across India over the next five years. The strategy promotes a holistic, ecosystem-based approach to improve the quality, reach, and consistency of last-mile financial services. Objectives focus on women, households,…

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A long slide or a Trump trade-war twist! How India’s Rupee ended up as Asia’s worst currency this year – Explained

If India’s currency could speak, 2025 would probably be the year it asked for a vacation. A dollar that once cost less than four rupees at independence now buys more than 89, and is flirting with the dreaded 90 mark.“When the rupee slides it does affect the broader economy,” said Economist Arun Kumar, retired professor…

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Explained: How CBSE’s new skill based learning framework will reshape classes 6 to 8

How CBSE’s new skill based learning framework will reshape classes 6–8 The Central Board of Secondary Education (CBSE) has introduced a major structural shift in middle-school education by making skill education compulsory for Classes 6, 7 and 8 beginning the academic year 2026. The mandate—introduced through NCERT’s Skill Bodh curriculum—marks one of the most significant…

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