Gratuity is tax-free, subject to conditions; however, if the employer delays its payment to employees, an interest penalty is levied on the employer, and such interest amount becomes taxable for employees
The Bombay High Court criticised the son for harassing his elderly mother by filing multiple appeals against the tribunal’s order in her favour and forcing her into persistent litigations
A well-planned financial effort can help couples retire with a bigger retirement corpus. It is important to make a balanced effort, including adequate financial contribution by the husband and the wife when they are planning to retire together
RBI MPC June 2026: The RBI’s upcoming policy decision will depend on whether it focuses on low retail inflation for now or growing risks from higher oil prices, a weaker rupee and uncertain monsoon conditions. Read ahead to see what experts expect and what could influence the central bank’s decisions
The insurance company relied on an investigation report to oppose the claim. The company argued that the FIR showed him near the bull collection point when the accident happened
The Madhya Pradesh High Court upheld the family pension rights of a divorced daughter by highlighting the gap in the definition of “family” in the MP Civil Services (Pension) Rules, which didn’t include divorced daughters. Finding it irrational and against the constitutional rights, the court quashed the order and ordered reconsideration of the petitioner’s application for family pension
The Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) covers more than 1,900 procedures for treatment. However, the funds allocated for cancer treatment under the scheme are less than required. The FinCan study suggests that including early diagnosis of the disease under the scheme could reduce fund requirements and save more lives
