8th Pay Commission salary hike calculator: A Level 8 employee could earn up to Rs 28.89 lakh extra over 10 years if annual increment rises from 3% to 7% with 2.15 fitment factor

One issue that is likely to come up again is the annual increment rate for central government employees. 8th Pay Commission news: The 8th Pay Commission is set to travel to Chennai on September 7 and 8, following its two-day stakeholders’ consultation meeting in Jaipur. During the Chennai visit, representatives of employee and pensioner organisations,…

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Couple bought flat jointly for Rs 60 lakh, stamp value was Rs 94.81 lakh; taxman added entire Rs 34.81 lakh gap to husband’s income, why ITAT said it’s not justified

Although the flat was jointly owned by the husband and wife, the tax officer added the entire Rs 34.8 lakh difference to the husband’s income. You buy a house jointly with your wife. When you register it the stamp duty value is higher, and the Income Tax Department decides to place the full tax liability…

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Airbus ties up with Nagpur’s Indamer Technics to set up South Asia’s first radome repair facility in India

Airbus selects Indamer Technics to set up South Asia’s first radome repair facility in Nagpur to boost regional MRO support. NEW DELHI: European aerospace major Airbus has selected Indamer Technics to set up South Asia region’s first comprehensive radome repair facility in Nagpur, India, strengthening its regional aftermarket support. Under this service agreement, Airbus has…

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Bridges, elephant underpasses and more: Gadkari announces Rs 2,077 move to strengthen Siliguri Corridor

Siliguri Corridor gets Rs 2,077 crore highway boost Siliguri Corridor is set for a major infrastructure upgrade, with the Centre approving a Rs 2,077.18-crore project to four-lane the 31.02-km NH-327. The stretch links Bagdogra in West Bengal’s Darjeeling district with Galgalia in Bihar’s Kishanganj.Union road transport and highways minister Nitin Gadkari announced the approval on…

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Bullet train project was launched in 2017, ten years later Indian Railways is set to roll out its own Rs 866.87 crore high-speed 280 kmph trains by early next year

Being called a major engineering feat, Indian Railways is attempting to make a 280 kmph high speed train by early 2027. Bullet train project was launched in 2017, ten years later Indian Railways looks to roll out its own Rs 866.87 crore high-speed 280 kmph train by early next year – what makes it specialEven…

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