Salary structure does play a role in reducing income tax liability for all employees. So, employees have a good scope of saving tax by tweaking their salary structure, in consultation with their employer.
Come September and the Indian Institute of Ahmedabad, (IIMA) gets a new director - in-charge, Errol D'Souza. His appointment has been welcomed by many.
India-born chief of Microsoft Satya Nadella saw his pay packet shrinking to USD 17.7 million (about Rs 117.7 crore) in the fiscal ended June, including a bonus of $4.4 million.
Ace investment banker Nimesh Kampani on Tuesday announced retirement from the executive roles at J M Financial group, and the company's board has appointed his son Vishal to succeed him as managing director.
"The biggest positive is that the policy focus hasn't been based on populism, or on boosting cyclical growth through fiscal and monetary stimuli, but on improving the 'trend' growth by repairing the system and initiating structural reforms wherever possible," it said in a report.
The study by Equilar said the overall list was topped by Mark V Hurd and Safra A. Catz of Oracle Corp with both boasting a total compensation of $53.2 million, while Warren Buffett came in as lowest-paid CEO.
Vijay Mallya, under pressure from banks to repay $1.4 billion owed by his collapsed Kingfisher Airlines, left India for Britain on March 2. His departure sparked outrage in parliament.
A Hyderabad court has issued a non-bailable warrant (NBW) against him for failing to appear before it in a case of bounced cheque.
Mukesh Ambani, is muscling into the cable TV sector as part of a media and telecoms offensive that pits him against his once-estranged younger brother Anil Ambani.
The liquor baron Vijay Mallya said he will continue to cooperate with investigative agencies related to the loans provided by banks to long-defunct Kingfisher Airlines.
India has secured the 26th rank globally in terms of presence of women members on boards of companies with just a 7 per cent score while Norway tops the chart with over 40 per cent.
Indian women have excelled in every sphere of career and are now playing vital roles in the corporate world. Companies with women in C-suites are among the most successful organisations. With the Union Budget 2016 round the corner a natural thought comes to the mind.
Announcing his resignation, Mallya said, "The time has now come for me to move on and end all the publicised allegations and uncertainties about my relationship with Diageo and USL.
The total number of billionaires from India has risen to 111, consolidating the country's third position after China and the US, according to Hurun Global Rich List 2016, a ranking of the US dollar billionaires currently found in the world.
The award is the biggest ever given to a Google executive officer whose equity grants have to be reported in filings, according to data compiled by Bloomberg.
Mark Zuckerberg, the founder and CEO of Facebook, has surpassed Amazon CEO Jeff Bezos to become the fourth richest person in the world, according to the Bloomberg Billionaire Index.
The report prepared by the National Science Foundation's National Center for Science and Engineering Statistics (NCSES) said the number of scientists and engineers residing in the US rose from 21.6 million to 29 million from 2003 to 2013.
A relatively new job portal, BeatMySalary.com, targets this segment of the job market and helps such candidates search job anonymously. Launched in June 2015 by UK-based entrepreneurs Karthik Prasad and Swash Ram, the portal is currently operational in the UK and India.
The Naukri Job Speak Index for the month in 2015 was at 1,783, recording a 25 per cent growth in hiring activity over December 2014, Naukri.com Executive Vice President and Chief Sales Officer V Suresh said.
It is with good reason that Ajit Rangnekar, Dean of the Indian School of Business (ISB) while hoping "the IIMs will continue to evolve," says, "hopefully in 2016, we will also get the new higher education policy that will show the direction in which the government is headed."
Appointment of Jerry Yang as a board observer and senior adviser at Didi Kuaidi has add a new link in the relations between the ride hailing company and its investors, Alibaba and SoftBank Group.





