In the proposed Income Tax Bill, 2025 the phrase which determines tax free perquisite for a salaried employee for any expenditure incurred by the employer for the use of a vehicle has been tweaked.

The disparity comes from a lack of access to plans, guidance and education, according to Escalent’s Cogent Syndicated. Often deprived of the same mechanisms that salaried workers use to save for their ...

Griswold's employee payroll increased by approximately $120,000 for the 2024-2025 fiscal year, totaling $2.2 million. Finance ...

Many of those in General Motors' global salaried workforce will see bigger bonus checks than they received for 2023, according to an internal document obtained by the Free Press and verified by two ...

General Motors laid off more than 200 salaried employees on Friday, as the automaker continues to cut costs. The job cuts were primarily Computer-Aided Design, or CAD, engineers who worked at the ...

Under the federal Fair Labor Standards Act (FLSA), all employees in the workplace are classified as either exempt or nonexempt. Nonexempt employees must be paid at least minimum wage for every hour ...

General Motors Co. cut hundreds of jobs on Friday, just days after raising its profit guidance for the year in a move that sent the shares soaring. The automaker laid off more than 200 salaried staff, ...

The University of Massachusetts Amherst’s basketball coach was the highest paid state employee in 2024, and he’s on track to take the top spot in 2025 as well. In 2024, coach Francisco Martin made ...